The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
Canadian insurer Intact is set to buy RSA's Canadian and UK & International operations in the second quarter of this year.
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
GI CEO Colm Holmes says provider has taken a proactive approach to paying claims as he discusses how Aviva was impacted by the BI test case and comments on its 2020 results.
Profit before tax was driven by strong reserve releases and lower claims frequency.
CEO Amanda Blanc sees opportunities for "material growth" in the UK market as commercial lines premiums continue to grow.
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
Provider says results were impacted by the pandemic, as COR worsened to 114.5% while GWP remained flat.
The Budget swerves IPT rise and Entrepreneurs’ Relief escapes for now but Corporation Tax increases to 25%.
CEO discusses the need for the insurer to rebuild its brand and reputation as a result of the BI disagreement as insurer posts £192.4m loss for 2020.
Horton is set to become group CEO of QBE in Australia later this year as Beazley names chief underwriting officer, Adrian Cox, as his successor.
Stay up-to-date with the latest personnel changes in insurance.
The latest issue of Insurance Age is digital only due to the most recent lockdown.
The deal, which is set to complete later this year, will see the Axa XL Private Clients team move across to Aviva to launch a new Aviva Private Clients proposition.
Broker-led group pushes for more support as March deadline for festivals to get insurance looms.
Deal for IIGL will see Avid diversify into four new specialisms as the MGA's GWP reaches £75m.
MD of UKGI, Richard Coleman, tells Insurance Age about the provider's plans to modernise its brand and discusses the business interruption test case and Ecclesiastical's approach to working with brokers.
The MGA said it developed the proposition in anticipation of a spike in empty properties due to post-Covid disruption.
CEO points to an underlying UK & Ireland COR of 96.7% and praises broker contribution as he looks ahead to Intact acquisition.
The insurer said the UK figures were “heavily impacted” by Covid-19 and, excluding the pandemic the UK COR was 95.8%, as CEO Hester reflects on group performance since 2014 and flags exit.
Beazley Digital was developed in response to growing demand for e-traded products from brokers and clients and will be led by COO Ian Fantozzi.
COR also improved, while GWP was down on 2019 after a number of products lines were "materially affected" by Covid-19.
Provider to bring new capacity to the London Market at a time of "unprecedented upheaval" in the D&O sector, with the aim to reinvent the way the industry operates.