News
Analysis: Insurance dives deeper into returners talent pool
With an increasing number of insurance companies offering returners programmes Emmanuel Kenning looks into the benefits for all concerned as experts encourage even more firms to access this relatively untapped source of talent
Former RSA chief Scott Egan appointed CEO at SiriusPoint
Specialty insurer and reinsurer, SiriusPoint, has named ex-RSA boss Scott Egan as CEO, effective 21 September.
The FCA argues back at financial inclusion being included in mandate
The Financial Conduct Authority has responded to a Treasury Select Committee report on the Future of Financial Services Regulation disagreeing with the recommendation that it should ‘have regard’ to financial inclusion.
Drop in complaints to FOS but buildings and motor insurance feature in top five
Buildings insurance and car/motorcycle insurance have featured in the Financial Ombudsman Service’s top five most complained about products for the first quarter of the financial year.
FCA keeps lid on travel spend in 2021/22
The Financial Conduct Authority only spent £106,958 on staff travel in the last financial year, a Freedom of Information request by Insurance Age has revealed, far below its annual multi-million pound pre-pandemic outlays.
SRG completes Hamilton Leigh buy
Specialist Risk Group has completed the acquisition of motor-trade specialist Hamilton Leigh for an undisclosed sum.
News analysis: HNW - will Aviva’s play for market dominance pay off?
Rachel Gordon explores how the insurer’s move to buy Azur, and its acquisition of the Axa XL team, has shifted the prestige insurance market
Howden claims "world-first" with voluntary carbon credit insurance launch
Howden has launched a voluntary carbon credit insurance product designed to give buyers and sellers of high-quality, verified carbon credits greater certainty.
The Insurance Museum opens with fire insurance exhibition
The Insurance Museum has unveiled its first online exhibition which is titled Fire! Risk and Revelations and will go live on 7 September.
DR&P Group strikes five deals in 2021 after Inflexion investment
Broker holding company DR&P Group made five acquisitions in 2021 after private equity house Inflexion invested in the business and secured funding from Ares Management, a filing at Companies House has revealed.
Howden open to sharing “journey” with fellow brokers as it targets plastic neutrality
Howden Group has pushed ahead with its plans to achieve plastic neutrality and stands ready to help other brokers go down the same path, Sophie Arup head of CSR has updated Insurance Age.
Markel launches media and entertainment product
Markel International has unveiled a new media and entertainment policy designed as a cross-class liability product.
Coalition’s broker-only cyber offering goes live
San Francisco-headquartered cyber insurance provider Coalition has begun trading in the UK.
Jensten rolls out combined underwriting business
The Jensten Group has brought Policyfast, City Underwriters and Gresham Underwriting together under a single brand with the launch of Jensten Underwriting.
PIB set for more UK deals
PIB is set to move forward with more UK deals and is also achieving double digit organic growth according to chief financial officer, Ryan Brown.
FOI reveals increase in cyber breach incidents reported to FCA by brokers
A Freedom of Information request by Insurance Age has revealed that the number of cyber breach incidents reported to the Financial Conduct Authority has increased for insurance intermediaries but dropped for regulated firms altogether.
IUA develops wording to support removal of unsafe cladding
The International Underwriting Association has developed a clause to help support the removal of unsafe cladding on high-rise buildings.
PFS figures reinforce scale of financial challenge at CII
The financial performance of the Chartered Insurance Institute has again come under scrutiny as the Personal Finance Society posted its figures for 2021.
People Moves: 30 August - 2 September 2022
Keeping you up-to-date with the latest insurance moves.
Biba encourages brokers to use its flood directory
The British Insurance Brokers’ Association has encouraged brokers to use its flood directory to ensure eligible households that are denied flood cover can still be offered it.
Markerstudy recruits new head of fraud from LV
Markerstudy has appointed Clare Lunn to a new role of head of fraud.
Start-up Broadway triples GWP
Broadway Insurance Brokers tripled gross written premium in the past 12 months hitting £4.5m, CEO Daniel Lloyd-John has confirmed.
Companies House says sorry and deletes Gallagher strike-off notice
Companies House has today (31 August) removed a listing of a First Gazette notice for compulsory strike-off against Arthur J. Gallagher Holdings (UK) Limited.
Iprism integrates with Acturis
Managing general agent Iprism has added its tradesman, contractors and professionals product to the Acturis trading platform.