News
PIB makes 32nd deal
PIB Group has bought London-based real-estate insurance specialists, Arlington Insurance Services for an undisclosed sum.
Clementi exits as MS Amlin Underwriting CEO
Johan Slabbert takes up the position later on this year as Clementi leaves the insurer.
Premiums collected will not cover insurable Covid losses - report
An insurance think tank has suggested that insurers would need to collect BI premiums for 150 years to make up for predicted global losses.
James Hallam joins UNA Alliance
Broker becomes UNA's thirteenth network member.
Former Aston Scott boss joins Mactavish as MD
Heidi Carslaw, previously executive director at Aston Lark, joined Mactavish in September.
Aston Lark buys Birmingham broker
Group CEO Peter Blanc says the business has a number of more deals in diligence after seeing an uptick in enquiries as a result of the pandemic.
Marsh Commercial in director’s chair for £500m film and TV kick-start scheme
Marsh Commercial will help firms in the government Film and TV Production Restart Scheme find Covid-19 related insurance.
Advisory forum created to help small businesses recover post pandemic
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.
AIG set to restructure
The insurer will separate its life and retirement business from its GI division and will refresh leadership as CEO Duperreault steps back to executive chairman role.
FCA raps Aviva on the knuckles over share announcement
Insurer apologises over 2018 announcement with the potential to mislead the market in a “serious but not intentional” breach.
Direct Insurance and Amicus agree settlement out of court
Amicus denied accusations of breach of contract and client poaching after DIG filed legal proceedings against the broker and an employee in July.
Home insurance to “scrape a profit” in 2020
Poor weather threatened revenues but the fall in claims due to lockdown has lowered costs, but analysis paints a stormy picture for 2021.
Aston Lark posts growth in turnover and Ebitda in 2019
The group now employs over 900 people in 30 offices across the UK and Ireland, placing £440m of gross written premium.
Trust in insurance sector plummets after BI case
The Financial Conduct Authority test case has seen a third of sector professionals believe faith in insurance has been “greatly reduced”.
People Moves Round-up: 19 - 23 October 2020
Keep up to date with the latest people moves.
Applied’s Fairchild plans organic growth
But doesn’t rule out acquisitions as he praises Google investment for helping the software house develop a more open platform and hails Howden’s A-Plan deal.
BI dispute: RSA won't appeal on Resilience and two Eaton Gate wordings
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.
Liberty Specialty Markets launches video platform for brokers
Provider says Liberty Virtual Rooms will help it build relationships with brokers and was launched in response to the decline in face-to-face meetings as a result of the pandemic.
Property investor files separate legal proceedings against Axa as Lockton case continues
Aubrey Weis, who has also accused Lockton of fraud in a related court case, claims the provider owes over £1.6m in damages following a property claim.
Lockton denies fraud allegations in ongoing legal dispute
Broker admits former employee forged an email from Axa along with settlement offers for a claim, but claims the business was misled and that these actions did not result in any losses for the customer.
Blog: E-scooters, opportunity or threat?
We've all see e-scooters whizzing along pathways and roads, and we've all heard about the potential for accidents. DWF's Nigel Teasdale digs in to the implications for brokers.
Gallagher takes Zurich's Nick Price
He joins as market management director and will support Gallagher's retail division.
CII launches insurance dementia guide
The good practice document highlights how insurance firms can help customers living with dementia.
GRP’s Marshall Wooldridge buys Yorkshire broker
Messrs R F Broadley is based in Masham and specialises in agriculture.