Which trending topics have caught brokers’ eyes this summer?
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
COR improved to 75.2%, while its lockdown rebate cost the provider £21.1m during the six-month period.
The ABI and ASCO have agreed to set aside the statement of intent develop to speed up claims resolution in the wake of the pandemic.
GWP in property & casualty went up to £1.5bn for the first half of 2021.
Focus on simplification, digitisation and broker relationships drives growth for the insurer.
The division showed significant improvement in performance compared to the first six months of 2020.
The man, who fled to the United States while the case was under investigation, was sentenced to two years imprisonment, suspended for two years and community service.
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
The latest job moves in the world of insurance a broking.
Hoxton Insurance Services trades exclusively through brokers and is backed by Hiscox.
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
The industry was forced to cancel a raft of events including Glastonbury Festival, Boomtown and Womad after insurers backed away and the government dragged its feet on delivering alternative cover.
This year the theme of the diversity and inclusion festival is active allyship and speakers include MP Jess Phillips and TV presenter Anita Kapoor.
Provider says it has seen premium reductions in motor due to Covid restrictions as GWP slips slightly to £481m.
Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.
Following its takeover by Intact, RSA's UK, Ireland, Europe and Middle East operations also reports gross written premiums of £2.3bn.
Provider also records rise in GWP and an improved COR of 93.1%.
Experts note Bronek Masojada, who is stepping down as Hiscox group CEO later this year, has built a business focused on quality, but some want to see a stronger broker focus as they say successor Aki Hussain's challenge will be to "win back the trust" of…
It may be holiday season but there are still job moves to keep up-to-date with.
James Burgess, of trade credit specialist Atradius, explains how the sector has had to evolve to help clients throughout the Covid-19 crisis.
Brokers, insurers and industry experts discuss the main obstacles in attracting young talent and what the industry can do to solve its image problem.
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
Lloyd's reveals steps towards achieving net-zero across the industry after having been accused of 'shameless greenwashing' in a recent paint attack.