News
FCA focus on fair value causes confusion for brokers
Research by Ecclesiastical shows 40% of brokers do not understand how their business will be impacted ahead of the new product governance rules coming into force on 1 October.
Obituary: Sandy Dunn passes away
Dunn developed Eagle Star Direct and held board positions at Markerstudy, IGO4, Swinton, Call Connection and Supercover.
Superscript partners with Amazon on business insurance
The insurtech start-up says Amazon Business Prime customers will have access to covers including public liability, employers’ liability, professional indemnity, cyber, directors and officers, and office contents & equipment insurance.
Beazley hires CUO from Axis Capital
Bob Quane will take on the role in October after previous chief underwriting officer Adrian Cox moved to become CEO of the provider earlier this year.
Prestige Valuations unveils jewellery pricing tool for brokers
The firm says the software can provide instant valuations for brokers to help them determine whether items are underinsured.
Open GI, Plum Underwriting and Verisk team up on home offering
The organisations will initially collaborate to develop a home flood proposition for the broker market.
FCA signals litigation threat as it highlights priorities
CEO Nikhil Rathi pledged to use the watchdog’s criminal powers to deal with misconduct and financial crime.
Interview: Paul Harvey, Adiona
New motor provider Adiona's founder and CEO tells Insurance Age about his plans for the business and why it will be looking to work with brokers in the future.
Saga takes pricing director from WTW
Graham Wright joins from Willis Towers Watson where he is currently a senior director.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
DNA Insurance confirms cyber incident
A number of phishing emails were sent from a staff member's account, and Ian Jacob, group chief risk officer of parent firm Aston Lark, says the breach was detected within minutes and no other accounts across the group were compromised.
Das UK team raises £45,000 for dementia research
The ten person team of insurance professionals took on the Ride Across Britain challenge earlier this month.
People moves: 20 - 24 September 2021
Keep up to date with the latest people moves.
Allianz updates fleet products to include electric vehicles
Provider says cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wallboxes.
Butterworth Spengler seals first deal since becoming part of JMG Group
The Liverpool-headquartered broker buys Brunsdon Insurance based in Gloucester.
Aviva appoints chief risk officer
The insurer has also promoted its GI chief information officer to group CIO.
Aston Lark reveals second deal of the day
Consolidator buys Abbey Murphy Insurance, an Irish broker based in Longford and Mullingar.
Zurich replaces Axa as AIUA capacity provider
The five-year deal with the Ardonagh-owned specialist agricultural underwriter is valued at £105m.
Dive In kicks off today with a focus on active allyship
The festival runs over three days with mental health, gender equality and racial inclusion highlighted as key issues to be tackled as a priority in the insurance sector.
David Williams to leave Axa UK after 41 years
WTW’s David Ovenden takes up the role of chief underwriting officer for commercial as Williams pursues non-exec career.
Aston Lark buys private medical insurance specialist
Consolidator says it is set to make further deals in the healthcare space as it buys Bournemouth-based The Health Insurance Company.
Allianz launches transitioning at work policy
Provider says the move is part of an ongoing commitment to creating a diverse and inclusive culture and that the policy offers practical guidance, clarification and education.
Webinar: Growth through training and talent retention
Sign up to watch this on-demand webinar which explores what brokers must do to drive growth through training, talent acquisition and staff retention.
Biba launches scheme for media and entertainment sector
The scheme has been developed alongside Yutree Underwriting.