Insurer
Pool Re names Tom Clementi as CEO
Clementi will replace outgoing boss Julian Enoizi.
Top 5: Most read on Insurance Hound in 2022
Whitepapers from Arag, Autorek, ByBits, CRIF and Markel were the most downloaded so far this year.
Ecclesiastical Group moves into profit
The business made a loss in 2020 but is back in the black driven by investment returns, improving market conditions and a good current year underwriting performance.
Final FCA monthly Covid BI claims update puts payout at £1.35bn
Insurers have made £1.05bn in final payments and £303.1m in interim payments.
GAIN Q&A with Johnny Timpson
The committee and team member of the Group for Autism, Insurance, Investment and Neurodiversity tackles why GAIN was set up, why addressing neurodiversity should matter to brokers and whether insurance is behind other sectors.
Atrium expresses deep regret over misconduct after Lloyd’s issues £1.05m fine
Discrimination, bullying and harassment failures led to the Lloyd’s managing agent’s record-breaking fine.
Atrium fined over £1m by Lloyd’s for discrimination, bullying and harassment failings
The fine is the largest ever handed down by the Lloyd’s Enforcement Board as it listed charges including an annual “Boys Night Out” that featured initiation games, heavy drinking and making inappropriate and sexualised comments about female colleagues.
Zurich UK names Keppel as chief sustainability officer with Fernqvist becoming COO
The new roles will come into effect on 1 July subject to regulatory approval.
RSA Insurance unveils trans-inclusive policy for UK employees
The insurer has developed instructions to help employees who are transitioning and give colleagues the tools to help them be supportive.
Broker Satisfaction Survey: Aviva triumphs in Financial Lines
With little between the top three, and plenty of praise for a range of providers, brokers have shown that the financial lines sector abounds with healthy competition.
RSA reveals 2021 losses from continuing operations
The insurer’s figures were hit by reserving changes and acquisition costs due to the mid-year takeover as net written premiums grew.
Blog: Reducing the personal guarantee risk of solicitors’ PI
Todd Davison, managing director of Purbeck Personal Guarantee Insurance, assesses a particular challenge facing brokers and the solution available as the solicitors professional indemnity insurance renewal season fast approaches.
Aviva partners with Broker Network after a decade apart
The provider also works with Bravo Networks' other proposition, Compass.
Arc Legal Group launched
The organisation merges AmTrust underwriting and Legal Insurance Management with Arc Legal Assistance.
Insurance sector welcomes changes to Online Safety Bill
The Department for Culture, Media & Sport announced yesterday that the Bill has been adapted to include paid-for scam adverts on platforms like Facebook, Twitter and Instagram.
Government sets 28 March deadline for Russian aviation insurance ban
The UK government revealed the insurance sanctions on 3 March in response to the invasion of Ukraine by Russia.
RSA’s Mooney commits to simpler, better service for brokers
The MD for UK commercial lines says it is “critical” for the business to focus on how it trades with brokers.
The stats: Commercial premiums – double trouble as rates continue to bite
Along with the cost of living, the cost of insurance looks set to keep rising too, according to the most recent Acturis Commercial Broking Index. Rachel Gordon reports
ESG round-up - March 2022
In our quarterly update, Insurance Age examines what the insurance world is doing to support the environmental, social and governance agenda.
Insight: Creating the right pitch will benefit both insurer and broker
Jonathan Forster, of Travelers, outlines the best ways to build a lasting partnership
Zego teams up with Aviva on fleet policies
Usage based and flat rate policies will be available to trades and haulage fleets in the UK containing between five and 500 vehicles via direct sales and brokers.
NIG posts policy count and GWP rise for 2021
Owner DLG reported gross written premiums of £3.17bn with profit after tax of £343.7m.
Ecclesiastical Insurance’s parent rebrands as Benefact Group
Ecclesiastical Insurance and all of the group’s other trading brands including brokers SEIB, Lycetts and Lloyd & White will continue to operate under their own names.
IWD: The view from the top
Key female insurance figures consider how far women have come in the sector on International Women’s Day.