News
UK Broker Awards: Winners revealed
Tune in to find out who has taken home the coveted trophies as we unveil the victors.
Aston Lark focuses on London Market
Peter Blanc says London Market is priority for the broker and reveals MGA/underwriting hopes as the business buys Lloyd’s broker Brunel Professions.
Legal spat between Jelf and DRP continues
DRP denies client and staff poaching claims and accuses Jelf of unlawfully accessing private conversations, while Jelf replies that DRP's defence contains “much irrelevant and often inaccurate information”.
People Moves Round-up: 7 - 11 September 2020
Keep up to date with the latest people moves.
Saga confirms £150m capital raise and investment from ex CEO Sir Roger De Haan
Business also posts pre-tax loss of £55.5m for the first six months of 2020.
MIB proposes 10% headcount reduction
Organisation says it is set to make 50 redundancies as part of a transformation programme and in response to "significant budget challenges" arising from Covid-19.
UKBA winners revealed at 12.00 tomorrow
Tune in to Insurance Age at 12.00 on Friday to see who will take home the coveted trophies.
D-Day for industry as FCA reveals date for BI judgment
Insurers will find out next week if their denial of coronavirus business interruption claims is legal.
Lloyd's expects to pay out £5bn in coronavirus claims
Market reveals a loss of £0.4bn and a worsened COR in its financial results for H1 2020.
Brokers urged to take FCA letter on "risks of harm" in sector seriously
Compliance specialists say brokers should make sure their procedures are in line with the expectations of the FCA.
Allianz to close Liphook operation
The insurer is proposing to move its engineering, construction and power teams, based in Liphook, to its Guildford headquarters 17 miles away.
Stoneways Marine unveils yacht and motorboat product
The new offering is available to brokers and Stoneways stated that the policy includes covers such as non-medical repatriation and mental health support for those onboard.
Who are the top 50 personal lines brokers?
Check out the results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market.
Biba adds Fidelity Payment as an associate member
Trade body says move will enable brokers and their customers to collect Visa, Mastercard and Amex payments through their software houses.
Insurance Museum looks to raise £3m
The initiative is trying to raise the sum each year to develop a visitor centre, make a documentary series and develop educational outreach.
Carrot calls on government to cut IPT for young drivers using telematics products
Broker says telematics insurance reduces young driver accidents by over 40% and adds that it saves on average £5m each year in lower claims costs.
Arag revamps family legal solutions offering
Product now includes a 'dark web' monitoring and ID theft restoration service, which the provider says will "enable brokers to build a truly unique proposition".
Video: How coronavirus has changed the business landscape
Insurance Age content director, Jonathan Swift, talks to MS Amlin's senior e-trade underwriter,Chris Morgan, about how insurance must adapt to the developing needs of customers as the pandemic acts as a catalyst for change.
Brokers predict tough challenge for Zurich's incoming UK CEO
Experts argue that Tim Bailey, who will take over when Tulsi Naidu moves to Zurich's Asia Pacific business, must prioritise getting to know the broker sector.
CII to sub-let office in Walkie Talkie
The body made the controversial move to Lombard Street from its historic Aldermanbury home in 2018.
Lockton accused of forging insurance documents
Property investor Aubrey Weis has alleged that the broker made “false and dishonest representations” regarding settlement of an insurance claim.
Insurance Industry Steps Up for Dementia
This autumn, the insurance industry is coming together again to help fight dementia with the ‘Step Up for Dementia’ Challenge. Insurance United Against Dementia (IUAD) has launched the fundraising initiative to unite the industry in the build up to this…
Home insurance premiums fall after Covid-19 lockdown
Figures from Consumer Intelligence shows average buildings and contents policies fell by 0.3% in the last three months.
Aon leads coalition on post-coronavirus ‘new normal’ ways of working
The broker will assess how best the city can operate in a post-Covid environment.