News
Lloyd’s CEO John Neal in hospital after cycling accident
The marketplace’s leader is expected to make a full recovery after sustaining serious injuries.
Tempcover to sell up to Uswitch and Confused owner RVU
The broker completed an MBO at the start of 2018.
Regulatory changes set to bite
Former FCA insider, Michael Sicsic, highlights that developments from the watchdog will hit home in 2022.
Zurich drops ‘Z’ logo in wake of Ukraine invasion
The provider has stopped using the logo on its social medial channels.
Blog: The power of TOBAs
Legal expert, Tim Johnson of Browne Jacobson, considers how recent legal rulings highlight the need to ensure Terms of Business Arrangements between parties are always 100% clear.
Ex-Swiftcover founder and Axa boss Steve Hardy to lead Policy Expert
QMetric Group CEO Sanchit Suri has left the business.
Saga reports drop in broking GWP and profit
The group sold Bennetts in August 2020.
Hagerty launches motorsport insurance in the UK
The organisation is working with Gullwing Racing Insurance.
Up to 9000 Ardonagh staff in line for £1,000 bonuses
Employees will get the cash bonuses in April.
CFC revamps tech and media policies
The provider has streamlined the proposition to remove the need for multiple policies.
People Moves: 21 - 25 March 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Income and Ebitda soars in 2021 for Ardonagh’s advisory division and up in retail
Group reveals income of £945.8m and £220.3m of Ebitda.
Lloyd’s posts underwriting and pre-tax profit for 2021
The marketplace swung back to £2.3bn profit after a loss of £900m in 2020.
Aston Lark buys Braddons
Braddons is a specialist corporate broker.
Stubben Edge launches AR network with target of up to 30 in first year
The business has calculated that 75% of ARs cease trading in the first four years as it stated more could be done to support growth and success.
Axa granted leave to appeal Corbin & King verdict
Silence from the insurer on whether it will pursue the appeal.
Doing nothing on ESG is the biggest risk, brokers warned
Broker Summit attendees also hear from keynote speaker on leadership and resilience.
MS Amlin Underwriting commits to net zero by 2050
The insurer has also enhanced its sustainability governance and adopted goals set out by the United Nations.
Experts respond to “disturbing” motor insurance ethnicity penalty report
Insurers face challenging questions but the Association of British Insurers insists “insurers never use ethnicity as a factor” to price cover.
Sabre reveals Bennetts partnership and promises flexi insurance broker push
Insurer reported £169.3m of gross written premium and a combined operating ratio of 79.4% for 2021.
CII teams up with Coventry University for MBA
The first 100 ACII-qualified members to sign-up will receive a £1,000 discount on the cost of achieving the online post-graduate qualification.
Citizens Advice reveals “shocking” insurance ethnicity penalty
A report found that, collectively, people of colour pay £213m more for their car cover.
Sabre reports dip in profit for 2021
Provider delivers a combined operating ratio of 79.4%.
Protection brokers eye general insurance
Enduralife is to sell buildings and contents insurance in Ceta/Paymentshield tie-up.