News
People Moves: 16 - 20 August 2021
The latest job moves in the world of insurance and broking.
Clear reports increased turnover in 2020 results
The broker says the business plans to continue to develop its expertise in areas such as property and construction as well as expanding into new markets.
Ross Dingwall moves to Partners& from Hiscox
Former Hiscox UK broker boss Dingwall joins Partners& as managing partner (Scotland) and will focus on expanding the broker's footprint in the North of England and Scotland.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
Jackson Lee launches business travel scheme
The MGA revealed that the new policy, which includes a Covid-19 cancellation feature, allows brokers to build flexible, customised travel cover for clients.
WTW names new president and CEO
Carl Hess is to take over the reins on 1 January 2022, succeeding current boss John Haley who is set to retire.
Insurance Hound: Most read by brokers in June and July 2021
Which trending topics have caught brokers’ eyes this summer?
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
Admiral profit soars by 76% in first half of 2021
COR improved to 75.2%, while its lockdown rebate cost the provider £21.1m during the six-month period.
Gallagher signs reshaped $3.25bn Willis Re deal
The broker is to buy the WTW treaty reinsurance operations following the collapse of the original deal.
A-Plan sets sights on commercial market
The High Street business, primarily known for personal lines, is targeting to become a top ten commercial broker. Head of the unit, Richard Easterbrook tells Insurance Age about the plans.
Agreement to speed up claims in pandemic expires
The ABI and ASCO have agreed to set aside the statement of intent develop to speed up claims resolution in the wake of the pandemic.
Kerr Group moves to Applied Epic
Kerr Group is seeking to move customers through the policy lifecycle in a more digital and consistent manner.
Zurich UK reports £265m operating profit
GWP in property & casualty went up to £1.5bn for the first half of 2021.
“Best result in a decade” for Aviva GI
Focus on simplification, digitisation and broker relationships drives growth for the insurer.
Aviva GI delivers COR of 91.6%
The division showed significant improvement in performance compared to the first six months of 2020.
Former Allianz employee sentenced for stealing £67,000 from insurer
The man, who fled to the United States while the case was under investigation, was sentenced to two years imprisonment, suspended for two years and community service.
The FCA piles on the pressure
News analysis: As the regulatory watchdog bares its teeth in its new business plan, are brokers ready to come to heel? Rachel Gordon investigates.
Cumbrian broker expands with new office
The Carlisle-based business is planning to open an office in Kendal to cover south Cumbria.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
Pikl teams up with Esure and Sheila's Wheels
The sharing economy start-up has signed a distribution deal with the providers.
People Moves: 9 - 13 August 2021
The latest job moves in the world of insurance a broking.
Willis: Predator or Prey?
News analysis: Following the Aon/Willis Towers Watson deal collapse David Worsfold explores if WTW will turn hunter or hunted amid the fallout from the failed $30bn deal.
Private client MGA launched
Hoxton Insurance Services trades exclusively through brokers and is backed by Hiscox.