Insurer
Blog: Support the IUAD's emergency appeal
Mitsui Sumitomo's Simon Beale explains why Insurance United Against Dementia has launched an emergency appeal as the coronavirus crisis makes life even tougher for families living with dementia.
Covid-19: ABI hits back following open letter from pub industry
The sector has united to highlight its disappointment in the insurance industry following the coronavirus pandemic and lockdown.
Aviva joins string of insurers under attack in Covid-19 BI dispute
Law firm Mishcon de Reya names Aviva and QBE and is in discussions with third party funders to fund the litigation on behalf of hospitality sector which it expects to move forward by 10 June.
UK Broker Awards: Complete your submission today
The deadline of Friday is fast approaching, so, if you have started an entry don’t forget to finish it this week!
Opinion: Where is our North Star? Solutions not gestures are what we need now
Brightside's Brendan McCafferty calls for a guiding light for the sector and warns that, if the market fails to get its Covid-19 response right, there could be hell to pay.
People Moves round-up: 18 - 22 May 2020
Keep up to date with the latest people moves.
George Culmer becomes Aviva chairman
He succeeds Sir Adrian Montague who had been in the role since 2015.
Beazley confirms £247m equity raise
Provider completes placement of new shares in order to support organic growth and strengthen its balance sheet to be able to respond to Covid-19 uncertainty.
How are brokers ensuring business continuity amid Covid-19?
James Daly, director of Ravenhall Risk Solutions, tells the Applied Systems team how businesses can protect themselves through the coronavirus outbreak.
Covid-19 Broker Impact Survey
How have brokers been both challenged and supported as the industry gets to grips with adapting to the demands of coronavirus?
Covid-19: Hiscox under fresh attack for back-tracking on BI claim
The Night Time Industries Association says provider has denied claims after previously telling policyholders they would be covered.
Take part in Insurance Age's commercial & agriculture e-trading broker survey
Are you a commercial or agricultural broker? Share your views on these business lines and thoughts on e-trade.
Covid-19: Hiscox Action Group primed for £40m legal attack
The group, which is in dispute with Hiscox over business interruption cover, now represents more than 400 members and has the go-ahead to begin legal proceedings.
Covid-19: FCA seeks broker feedback ahead of BI court action
Regulator issues call for more information as it puts together its High Court test case with the aim to resolve uncertainty for businesses making claims.
Covid-19: Industry welcomes government-backed trade credit reinsurance scheme
Biba CEO Steve White says trade body worked with the government, the ABI and the Confederation of British Industry to find a solution after brokers in the trade credit sector said they found it “extremely difficult” to place new business.
Covid-19: FCA confirms measures to help financially strained insurance customers
Move requires firms to consider payment deferrals, premium reductions and waiving cancellation fees.
Blog: Why brokers need to get behind the FCA on BI
Romero and NDML’s Simon Mabb says why he believes brokers must unite with the regulator to overcome the current Covid-19 business interruption dispute.
Lloyd's expects $4.3bn claims hit from Covid-19
Market predicts the pandemic to be one of its largest pay-outs ever and states the estimated underwriting losses covered by the industry as a result of Covid-19 will be around $107bn in 2020.
Allianz appoints chief risk officer
John Berry is a specialist in pricing, underwriting, data and strategy.
Airmic pressures insurers on “grey area” Covid-19 claims
The risk management association called for a business sensitive approach on the coronavirus pandemic and warned of long term damage if insurers and brokers fail to show fairness and flexibility.
Covid-19: Dentists seek legal action in fresh BI dispute
The British Dental Association said its members had been “blindsided" after majority of coronavirus-related BI claims were rejected.
Ageas takes catastrophe hit
COR crept above 100% across all business lines in Q1 due to storms.
Covid-19: Biba backs Pandemic Re solution for future pandemics
Executive director Graeme Trudgill urges sector to look at a long-term solution as he highlights that the industry does not have enough money to cover claims arising from the coronavirus crisis.
Allianz UK “well equipped” to manage Covid-19 challenges
The provider published a Q1 trading update, the first to incorporate Allianz, LV and Legal & General, as it says it has made 200-plus Covid-19 claims pay outs.