News
Covid BI claims payments reach £1.2bn
FCA data reveals providers have now made initial payments worth £308.4m and final settlements of £916.7m.
Biba unveils 2022 conference theme
The event is set to take place at the Manchester Central Convention Complex on 11-12 May 2022.
Xenia reveals plans to triple in size within four years
CEO Tim Coles tells Insurance Age about his ambitious growth plans and shares his views on the trade credit insurance market.
Share your views on cyber insurance
The Broker Satisfaction Survey puts the microscope on the growing cyber insurance market.
Ardonagh valued at $7.5bn as it reveals fresh investment
The Abu Dhabi Investment Authority joins group of investors alongside existing shareholders MDP and HPS.
Specialist Risk Group launches MGA
MX combines the four MGAs owned by SRG and will operate in the UK and the EU.
Applied Systems reveals brokers' top digital trends
In its annual digital broker survey, the software provider unveils that 66% of brokers have a digital strategy in place while only 30% are integrating data analytics to gain business insight.
Kingfisher and Fresh sellers settle
The two parties have resolved the dispute which was launched by Kingfisher in 2020.
Prestige to make £3m investment in fresh brand
The brand will see 60 jobs made available in the provider's technical, product management, customer support, and marketing departments.
PIB moves into the Dutch market
The consolidator has added Amsterdam-based Light Insurance to its international portfolio.
Allianz adds to D&O product offering
The insurer announced that its Complete Directors & Officers product would now give clients access to free legal services.
People Moves: 13 - 17 December 2021
Catch up with the latest personnel changes from the world of insurance.
The stats: December 2021 – The Acturis Premium Index
The third quarter of the year saw rising premiums in almost all of the product lines featured in the Acturis Commercial Broking Index – the only exception being a minor dip in fleet.
Allianz names risk director for personal lines
José Morago, former group risk director at Aviva, will join the insurer following a series of management changes.
Sampo buys out Rand for Hastings
The £685m deal sees Sampo pay £1.85bn for 100% of the share capital.
Insurtech GoShorty launches short-term motor cover
The provider says the product is available via brokers and provides short-term cover for full licence holders as well as provisional ones.
Allianz pledges £100,000 to help brokers reduce emissions
The Net Zero Accelerator has been designed to help brokers measure their carbon footprint.
Carrot selects CDL
The provider was previously using more than one tech provider.
UK & International boss Scott Egan exits RSA
He will be succeeded by Ken Norgrove, who most recently worked as CEO of RSA Scandinavia.
Hubb buys insurtech provider Digital Fineprint
Broker says the deal will enable it to expediate the quotation process, provide a more bespoke service for its customers, and offer risk insight to quoting insurers.
FCA to introduce consumer duty to drive “fundamental shift” in industry mindset
The regulator has launched a consultation on the duty, which was first flagged in May this year, as it seeks to increase consumer protection and tackle harm.
People Moves: 6-10 December 2021
Keep up to the date with the latest industry moves.
Stubben Edge acquires Akoni Hub
The technology provider has said the new partnership will give brokers the tools to manage their cashflow better, develop products to market more quickly, and accelerate growth.
Kroll reverses “reckless” MCE MTA decision
The administrator will now allow the provider to process mid-term adjustments.