Insurer
CFC Underwriting tops the Insurance Age broker cyber poll
Specialist company CFC Underwriting has won out, with Travelers and NMU also in close contention, as the UK’s leading eight cyber insurers are revealed based on broker opinion
Complete Cover Group confirms potential job losses
Motor broker says it is reviewing its approach "in line with wider market changes".
People Moves: 24-28 January 2022
Stay up-to-date with the latest personnel changes in insurance.
Lords starts hearing evidence in insurance market regulation inquiry
The House of Lords Industry and Regulators Committee kicked off its investigation which focuses on the commercial insurance and reinsurance market on 14 January.
Pen extends links with QBE for £300m capacity deal
The long term agreement is for three years and covers a range of sectors.
Bought By Many plans for further pet growth
CEO Steven Mendel admits he is seeing "lots of noise and distraction" but not enough innovation as he highlights the shortcomings of the pet space and the insurance industry as a whole.
Blog: Aviva’s predictions for commercial lines brokers this year
Aviva’s Gareth Hemming considers how the next 12 months will pan out for the UK broker community.
Covid BI claims payments now at £1.3bn
FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m.
Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
President of UK Retail, Mark McIlquham, tells Insurance Age about the US-headquartered broker's UK expansion plans and reveals it is targeting £1bn in GWP within five years.
Blanc exits Hastings board as Mark Cliff steps in
The former Brightside boss has joined Hastings as non-executive director following Peter Blanc's resignation prompted by the Aston Lark-Howden deal.
Insurers face another Covid-19 business interruption action group
The grouping of bar and restaurant owners is set to launch another test case, this time against RSA and QIC Europe, focusing on recovering indemnity for the UK’s multiple lockdowns.
Allianz appoints regional branch manager
The insurer revealed that Karen Boothroyd had been appointed to the newly created role as part of its commercial regions reshuffle.
First Underwriting eyes £130m GWP
The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited.
CBPE completes Direct Commercial deal
After receiving backing from CBPE, the MGA will sit alongside Carraig Insurance under Direct Commercial Group.
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
UK car insurance premiums rose 5% in Q4 2021
Despite car insurance dropping by 6% in 2021, the final quarter of the year saw the first increases in premium since 2020.
Aviva to boost underwriting team in move to invest in regional brokers
Chief distribution officer Gareth Hemming says the provider is initially planning to increase the size of its underwriting team in the regions by 10%.
People moves: 17-21 January 2022
Keep up to date with the latest people moves in the insurance sector.
Lloyd’s announces leadership structure for Blueprint Two programme
CFO Burkhard Keese will take on the role of COO while Bob James, director of marker transformation, will be responsible for the delivery of the company's Blueprint Two programme.
Experts warn of reinsurance market crunch
Smaller players without scale may struggle with reinsurance costs going forward as issue is highlighted by the collapse of motor trade specialist Tradewise.
XS Direct's UK MGA stops writing new business
The Irish broker, which acts as an MGA in the UK, stopped accepting new business from 7 January after it was unable to renew its agency agreements with insurers. Its renewals business will also cease from 1 March.
Allianz brings EC&P operation into commercial
The division now falls into one of four commercial regions.
CPP Group UK buys travel specialist Alpha Underwriting
The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.