News
Paul Trail exits Close Brothers
The move comes just eight months after he took the MD position and has resulted in a management reshuffle at the finance provider.
Mulsanne v Marshmallow legal case to split
Court documents show the trial as to liability will take place this year after Mulsanne accused Marshmallow of stealing trade secrets.
Chubb and Marsh collaborate on Covid-19 vaccine cover
The cover will be available to individuals in 92-lower income countries in case of serious adverse reaction to the jab.
CFC creates Lloyd's syndicate
The syndicate has planned gross premium of over £100m for its first year of trading and will be managed by Asta Managing Agency.
People moves: 26 - 30 April 2021
The key job changes in the world of insurance this week.
Gallagher takes South West lead from RSA
Richard Horne has been appointed as regional director for the region at Gallagher.
Aviva opens buildings cover for properties affected by cladding to new customers
Move follows large premium increases in the market after the Grenfell fire and the provider urges brokers to sell the product net of commission on a fee basis to keep costs down.
ABI launches flexible working charter
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
Shepherd Compello appoints chief broking officer
The specialist insurance broker has chosen Steve Hart for the role.
LexisNexis urges brokers to focus on data or risk being "left behind"
The company is gearing up to launch two more products aimed at brokers in the near future.
IFB goes on attack over organised fraud
The Bureau is working with Shift Technology to build an AI-backed fraud detection system for the UK.
Inperio unveils brokers' PI product
MGA says new offering is launched in response to rising rates and concerns about availability and affordability of cover after several providers introduced Covid-19 exclusions.
Right Choice to buy Bennetts
Bennetts has finally found a home after Ardonagh divested its purchase of the motor specialist last year following a CMA investigation.
Network veteran, Les Brewin, joins Cobra
Purple-founder Brewin has been lured out of retirement to join the PIB-owned network.
FCA confirms MGAs are exempt from £7.5m BI special levy
The regulator has reissued its consultation paper on fee rates for 2021/22 after the initial document wrongly said that MGAs were expected to contribute.
Covéa adds Das UK cyber cover to HNW home proposition
The development adds cyber assistance, cyber crime cove, legal and risk management assistance, and a helpline to the offering.
What the FCA travel rules mean for brokers
The new rules that affect travel insurance providers come into force on Monday, 26 April.
Joe Sultana exits Applied Systems
Chief operating officer, Sultana, has been with the software house for more than ten years.
Macbeth CEO: "We’re really pleased to add another string to our bow"
Paul Macbeth tells Insurance Age about how the broker's deal for Peter Lole came about and discusses his plans for the future.
"End of an era" as Phil Bayles moves from Aviva to Ardonagh
Brokers say they are "confident" that Gareth Hemming will enable a continuity of strategy at Aviva as they react to Phil Bayles' surprise exit from the provider.
Insurance Age Top 100: Are you eligible?
Planning for the expert supplement has begun, so if you’re an independent broker with GWP over £12m, and haven’t been invited before, please do get in touch.
CII creates Presidents Forum to assess customer needs
Aon UK's Julie Page will chair the group which has been developed to discuss the changing insurance needs of consumers and SME businesses with the aim of creating guidance and key actions for further development.
Analysis: The rise of pay-as-you-go insurance
As demand for flexible on-demand insurance products is accelerated by Covid-19, Insurance Age investigates what the challenges and opportunities are for brokers.
MPs call on government to assume contingent liability for live events
A number of planned events, such as the festival Boomtown, have already been cancelled due to lack of cover as pressure mounts on the government to step in.