News
Brokers under fresh attack due to “huge conflict of interest” over commission
Report claims brokers receive up to 80% of their remuneration from insurers with Mactavish saying more businesses are “questioning the role their brokers play" as coronavirus crisis "brutally exposes" problems in the market.
Ardonagh reports Q1 results
The business highlighted Ebitda and acquisitions as it points to “limited” Covid-19 impact.
FSCS broker fees £5m lower than predicted
The levy will be £18m falling from the indicated £23m, however, it is still more than the £12m collected last year.
Blog: Support the IUAD's emergency appeal
Mitsui Sumitomo's Simon Beale explains why Insurance United Against Dementia has launched an emergency appeal as the coronavirus crisis makes life even tougher for families living with dementia.
Covid-19: ABI hits back following open letter from pub industry
The sector has united to highlight its disappointment in the insurance industry following the coronavirus pandemic and lockdown.
Brokers warned to keep eye on Brexit as transition looms
There is no provision for equivalence in the IDD and this means brokers with EU clients need to set up EU entities to trade in the bloc.
Aviva joins string of insurers under attack in Covid-19 BI dispute
Law firm Mishcon de Reya names Aviva and QBE and is in discussions with third party funders to fund the litigation on behalf of hospitality sector which it expects to move forward by 10 June.
UK Broker Awards: Complete your submission today
The deadline of Friday is fast approaching, so, if you have started an entry don’t forget to finish it this week!
Opinion: Where is our North Star? Solutions not gestures are what we need now
Brightside's Brendan McCafferty calls for a guiding light for the sector and warns that, if the market fails to get its Covid-19 response right, there could be hell to pay.
People Moves round-up: 18 - 22 May 2020
Keep up to date with the latest people moves.
George Culmer becomes Aviva chairman
He succeeds Sir Adrian Montague who had been in the role since 2015.
Beazley confirms £247m equity raise
Provider completes placement of new shares in order to support organic growth and strengthen its balance sheet to be able to respond to Covid-19 uncertainty.
How are brokers ensuring business continuity amid Covid-19?
James Daly, director of Ravenhall Risk Solutions, tells the Applied Systems team how businesses can protect themselves through the coronavirus outbreak.
Insurance Covid-Cast episode 14: Newsmaker special with Crawford & Company group chief executive Rohit Verma
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focused on the people behind the lockdown headlines.
Covid-19 Broker Impact Survey
How have brokers been both challenged and supported as the industry gets to grips with adapting to the demands of coronavirus?
Covid-19: Hiscox under fresh attack for back-tracking on BI claim
The Night Time Industries Association says provider has denied claims after previously telling policyholders they would be covered.
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes and hearings during the Coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Take part in Insurance Age's commercial & agriculture e-trading broker survey
Are you a commercial or agricultural broker? Share your views on these business lines and thoughts on e-trade.
Covid-19: Hiscox Action Group primed for £40m legal attack
The group, which is in dispute with Hiscox over business interruption cover, now represents more than 400 members and has the go-ahead to begin legal proceedings.
Covid-19: FCA seeks broker feedback ahead of BI court action
Regulator issues call for more information as it puts together its High Court test case with the aim to resolve uncertainty for businesses making claims.
Covid-19: Industry welcomes government-backed trade credit reinsurance scheme
Biba CEO Steve White says trade body worked with the government, the ABI and the Confederation of British Industry to find a solution after brokers in the trade credit sector said they found it “extremely difficult” to place new business.
Interview: One hundred years of independence
Darwin Clayton CEO Simon Henderson tells Insurance Age about the broker's 100 year long history, plans for its wholesale division, coping with Covid-19 and insists that the business is not for sale.
MGA hopes to win back some business community 'hearts and minds' with free insurance offer
Equipsme reveals new product that offers free private health support between now and August to self-employed business owners.
The working from home diaries: Richard Beaven
Insurance Age finds out how Brightside COO Richard Beaven has adapted to changes in working practices amid the Covid-19 outbreak.