Insurer
Insurtech GoShorty launches short-term motor cover
The provider says the product is available via brokers and provides short-term cover for full licence holders as well as provisional ones.
What insurance support do smaller brokers need?
Four takeaways from a roundtable discussion at Broker Expo 2021.
In Depth: Making ESG meaningful
Nadia Bagijn, of Travelers, explores how the insurance industry can help financial institutions lead the way
News analysis: How climate change impacts risk development
Brokers tell Insurance Age about the way the risk landscape has morphed as a result of climate change and what advice they should be sharing with clients.
Allianz pledges £100,000 to help brokers reduce emissions
The Net Zero Accelerator has been designed to help brokers measure their carbon footprint.
Environmental, social and corporate governance and the risks for institutions
In Depth: Rachel Gordon questions if ESG is all about the optics or are there some real risks to address?
How can brokers help financial institutions protect against insolvency and regulatory failures?
In depth: Rachel Gordon explores how specialist cover can protect financial institutions as the risks are exacerbated by the pandemic.
UK & International boss Scott Egan exits RSA
He will be succeeded by Ken Norgrove, who most recently worked as CEO of RSA Scandinavia.
FCA to introduce consumer duty to drive “fundamental shift” in industry mindset
The regulator has launched a consultation on the duty, which was first flagged in May this year, as it seeks to increase consumer protection and tackle harm.
People Moves: 6-10 December 2021
Keep up to the date with the latest industry moves.
Kroll reverses “reckless” MCE MTA decision
The administrator will now allow the provider to process mid-term adjustments.
News analysis: Calculating broker PI
Brokers are counting the cost of their own professional indemnity protection. Sam Barrett investigates.
FCA launches AR consultation to “address harm”
Regulator warns that there are “real risks of consumers being misled and mis-sold with little scope for recourse” as it proposes changes to the current model.
HMRC flags potential code of conduct for brokers in IPT consultation update
Government outlines the next steps and details responses from industry stakeholders, including brokers, insurers and trade bodies.
Xenia buys Northampton-based broker
Deal is the trade credit specialist's seventh since its launch in 2019.
Gallagher completes $3.25bn Willis Re deal
The broking giant will combine WTW's treaty reinsurance brokerage operations with its existing reinsurance business under the brand Gallagher Re.
People Moves: 29 November - 3 December 2021
Keep up to date with the latest industry moves.
Aviva takes new chief claims officer from Axa
Waseem Malik is joining Aviva in March 2022, replacing Dave Lovely who recently left the provider.
Blog: Is the industry falling in love with GAP insurance again?
Avid's Steve Duxbury discusses how the market for GAP insurance has changed since the FCA's 2015 thematic review and argues that it is set for accelerated growth.
MS Amlin appoints first ever head of sustainability and ESG
Amir Sethu will be responsible for both the continued development and implementation of MS Amlin’s ESG strategy.
CFC develops ransomware cost calculator
The tool can help businesses to understand the financial risk of a cyber attack.
FCA reforms decision-making to tackle consumer harm
The “sensible streamlining” changes are designed to improve the speed and allow FCA senior managers to start civil and crimimal proceedings, cancel permissions and address individual authorisation.
Stephanie Smith, Allianz COO, to exit
It is the latest in a raft of management changes at the insurer following a restructure.
Gibraltar regulator denies accusations from MCE
MCE criticised the regulator earlier this week after its Gibraltar-based insurance arm went into run-off.