News
Aviva "disappointed" after watchdog bans Aviva Drive app ad
The Advertising Standard's Authority stated that the ad featuring ex-Formula One driver David Coulthard promotes irresponsible driving.
InsurTech Futures: Axa launches automatic compensation for late flights product
The product uses blockchain technology and will be available to UK brokers from 2018.
Marsh’s head of operations in Scotland Iain Henry departs
Henry took on the post when Marsh bought Central Insurance Services in 2014.
XL Group picks Dublin as its post-Brexit EU hub
Insurer is to move its principal EU insurance company from the UK to Ireland next year.
Leadenhall Market evacuated after “suspicious package”
A number of insurance brokers are based around the historic market which was closed by City of London Police while investigations took place.
Insurance firms demand minimum three year transition period after Brexit
Aon, RSA and Zurich along with more than 100 businesses sign letter to the Brexit negotiators seeking a trade deal and extra time after Britain leaves the EU.
Blockchain could “eliminate” the need for brokers
DAC Beachcroft report predicts blockchain impact, another IPT rise and increased focus on corporate governance for brokers.
Aston Scott and Lark confirm new management structure
Appointments follow the completion of the merger of the two brokers.
Simply Business rebrands as it eyes global growth
The digital broker said the new logo reflects the diversity of business trades that it serves.
#insagepeople: 18 - 24 September 2017
Keep up to date with all the latest people moves.
UK Broker Awards 2017: The winners
Square Mile Broking was crowned Broker of the Year as Coversure’s Mark Coverdale was awarded the Achievement in Broking trophy.
Sir Peter Wood explores esure stake sale - reports
Article suggests that Wood has held informal talks on a sale of his 30% stake prompting esure shares to rise in value.
Ascent introduces nil deductible cyber policy for SMEs
According to the MGA the cover will be available to all new and renewal SME clients that opt to use its panel of service vendors in the event of a claim.
“Transformation” costs Swinton as profits fall
Pre-tax profit drops £4.4m to £11.5m as turnover also decreases to £222.8m from £265.4m.
Meet the Expo Leeds panellists: PIB's Michael Eardley
The director of professions at PIB Insurance Brokers urges brokers to attend the event taking place next week.
Quizzical questions: 15 September 2017
Test your knowledge of the week's news with our topical quiz.
QuestGates launches real estate division
The loss adjuster said the division has been designed to provide a bespoke service to property investors and property managers in the UK.
Pen CUO Martin Hall moves to ERS
Martin Hall has moved from Pen Underwriting to ERS to take on active underwriter role.
Pen promotes Tom Downey to CUO role
Downey's promotion also sees two other members of Pen’s leadership team start executive-level responsibility from 1 October.
Three firms in for Leeds-based Henderson
Aon declined to comment on whether it is one of the bidders.
Broking Break: Top Five Tech Stories
Gary Lineker and Neos, Brolly, blockchain the dark web and insurtech investment made your top five tech stories since the start of the month.
Hear from rugby legend Shaun Edwards at Broker Expo Leeds – one week to go
The event, free for brokers, takes place on 21 September at the Royal Armouries Museum in Leeds.
LV sheds 400 staff as it looks to cut costs
The workforce reduction is part of a drive to cut costs by £40m by 2018.
Ageas offers livechat via Acturis, Applied Systems and SSP
The insurer is the latest provider to adopt live webchat services via a number of software houses.