News
Covid-19 to boost broker M&A
David Hopwood, of Marsh Networks, predicts the pace of M&A will increase as the UK moves out of lockdown.
FSCS reports surge in broker-related claims
Scheme says it has started paying out on new failures including to customers of Elite Insurance, Lamp Insurance, Quick-Sure Insurance and CBL Insurance.
Exploring new opportunities
Broker Extra 2020: With growing numbers of customers disillusioned with insurance and questioning its worth, along with changing needs, does the market need to innovate? This session looked at the issues from a wide perspective.
Biba says members are taking action to tackle dual pricing
A report from the trade body shows brokers are engaging with its Guiding Principles and Action Points to address dual pricing practices in the home and motor insurance sectors.
Building business better after the crisis
Broker Extra 2020: Every effort is being made to ensure the UK economy fires up again, but how will brokers be operating and can they find better ways to function? Aviva's Phil Bayles, Ian Donaldson of Atlanta Group and Sara Fardon, of Willis Towers…
MGAs under threat as insurers set to crackdown
News Analysis: Covid-19 and BI wordings row likely to see a flight to quality, specialist providers while vanilla offerings set to struggle.
CDL reports falling profits and turnover for 2019
Commercial director Nigel Phillips says performance was impacted by the "challenging economic and political climate".
Ten adds six members during lockdown as it gears up for growth
MD Dawn Derbyshire says the pandemic has given brokers time to think about going out on their own as the AR network strives to update its model to include directly authorised firms.
Saga confirms 300 redundancies
The insurance and travel provider said the business had been hit by the Covid-19 pandemic.
Digitising and Innovating Your Business Operation
Broker Extra 2020: Brokers have largely failed to be a part of the fintech scene, but is there growing realisation of the opportunities that exist… and could the pandemic hasten investment in this area?
Where has the industry got to with diversity and inclusion?
Broker Extra 2020: Insurance industry leaders need to educate themselves to improve representation as panellists urge the sector to act now.
A future insurer-broker relationship
Broker Extra 2020: Could remote working actually strengthen relations between insurers and brokers or is it storing up problems for the future? Representatives from both sides have discussed how they are navigating the business environment resulting from…
Aviva Ireland GI CEO launches legal proceedings against the provider - report
John Quinlan, who has been on leave for almost eight months, is looking to sue Aviva, writes The Irish Times.
WTW calls shareholder meeting on Aon deal
A meeting of Willis Tower Watson shareholders has been called as US Department of Justice calls for more information on the £22.9bn merger.
Insurance Covid-Cast: Future of Insurance Work – Lesson learned to help Gen Y employees adjust to a new work/life balance post-pandemic
For the 33rd episode of Post and Insurance Age’s video series we gathered together a panel of senior HR and talent managers to discuss the feedback they have had from millennials about how they have experienced lockdown and how insurers might adapt in…
Brokers expect bold first move from Aviva's new leader Amanda Blanc
Experts predict she will focus on expanding the business rather than carving bits off, while one broker warns "heads will roll" on the provider's top team.
People Moves Round-up: 6 - 10 July 2020
Keep up to date with the latest people moves.
From a public health crisis to a public relations crisis – Where does the BI buck stop?
Broker Extra 2020: The UK insurance sector is mired in a public relations disaster after its wide-scale rejection of many business interruption claims connected to the Covid-19 pandemic. An expert panel discussed whether reputations can be restored and…
The Fallout - Insurance brokers and the coronavirus pandemic
Broker Extra 2020: Brokers have faced significant challenges yet also gained some business benefits resulting from the Coronavirus pandemic. In a Broker Extra 2020 live-streamed session, an expert panel of brokers talked about their experiences.
FCA: A roadmap for brokers through Covid-19
The regulator exclusively spoke to Insurance Age for the Broker Extra event.
Axa XL names new UK & Lloyd's market CEO
Sean McGovern takes on the role on a full-time basis after being interim CEO since Paul Greensmith left the business in April.
Jensten to continue M&A pursuit
Simon Taylor, managing director for wholesale, discussed the future of the business as it is announced Bob Darling is set to step down.
Blog: What challenges await new Aviva CEO Amanda Blanc
It is early days yet, but new CEO Amanda Blanc is certainly talking the talk when it comes to turning around Aviva. Insurance Age content director Jonathan Swift outlines where the battle could be won when it comes to her being considered a success or…
Chubb flags huge Covid-19 losses
The global insurer has estimated a $1.36bn hit arising from Covid-19.