News
People Moves Round-up: 10 - 21 August 2020
Keep up to date with the latest people moves.
FCA warns of Saga Services clone
Regulator says fraudsters are giving out details of the authorised company as part of their tactics to scam people in the UK.
Right Choice posts turnover rise for 2019
CFO Mark Mugge says specialist motor broker is gearing up to make acquisitions and predicts the personal lines sector will see rate increases as a result of the pandemic.
Manchester broker launches new arm to fill gap for regional PI and D&O risks
Manchester-based broker Champion Insurance Group has launched a new financial lines arm.
UK Broker Awards: Meet the Shortlist - Young Broker of the Year
In the run up to the 2020 UK Broker Awards Insurance Age is profiling all the shortlisted firms and individuals, with today’s focus being The Young Broker of the Year.
Ardonagh buys Thames Underwriting
The MGA, which specialises in the construction, leisure and commercial sectors, brings £20m of GWP to Ardonagh and will operate within Geo Specialty Group.
GRP reveals management changes
Stuart Grieb joins the consolidator as regional managing director for the South, while Chris Haggart moves to take on wider responsibilities across GRP's retail division.
Aviva reveals 14% GWP rise across digital platforms during lockdown
The provider also saw a 400% increase in webinar attendance as brokers grappled with challenges arising from the pandemic.
UK Broker Awards – Meet the Shortlist – The Start-Up Award
The Start-Up Award celebrates the best of the new entrants to the UK insurance market. Meet the shortlisted brokers competing for a trophy at the UK Broker Awards.
Q&A with Aviva's Phil Bayles
Following Broker Extra in July, Insurance Age caught up with one of the speakers, Aviva chief distribution officer Phil Bayles, to discuss some of the key topics that came out of the event
County makes second deal in a week
The GRP-owned business has purchased Cheshire-based Britannia Consultants Services.
Zurich UK GI reveals H1 loss after Covid-19 claims hit £140m
CEO Tulsi Naidu points to positive working relationships with brokers throughout a "time of great stress" as she maintains that the provider is "very well positioned" for the future.
UK Broker Awards – Meet the Shortlist – Digital Broker Award
The Digital Broker Award celebrates brokers who have put technology at the heart of their businesses. Meet the brokers who are up for winning at the UK Broker Awards.
Hiscox and HAG agree on arbitration process as legal dispute continues
The action group, which is also a claimant in the FCA BI test case, started legal proceedings against Hiscox earlier this year after the provider rejected coronavirus-related business interruption claims.
Biba hit by redundancies
The trade body takes “difficult decision” to make five people redundant due to the impact of the coronavirus pandemic.
QBE makes H1 losses
The Australian insurer pointed to opportunities in the London and UK markets.
FCA extends measures to help insurance customers under Covid-19 financial strain
The temporary rules and guidance will now be in place until 31 October, while the FCA notes it is looking at making aspects of the measures permanent.
NIG sees premium growth in H1 as Direct Line posts profit fall
CEO Penny James comments on the provider's Covid-19 strategy as COR improves but in-force policies reduce.
ISS and Glass Lewis urge shareholders to vote in favour of Aon/WTW deal
Both Aon and WTW are holding extraordinary general meetings for shareholders on 26 August.
Admiral lockdown rebate cost £97m
2020 COR for the first half of the year was 83.0% compared to 92.3% on H1 2019.
UK Broker Awards - Meet the Shortlist - Diversity & Inclusion Award
The Diversity & Inclusion gong is one of the most important new trophies we award at the UK Broker Awards. Meet the brokers who most impressed the judges and became our finalists.
S & G Risk Solutions makes senior hire
Exclusive: Jaimie Quill joins the business from Miles Smith.
Lycetts returns to profit in 2019
Broker reveals it recently undertook a strategic restructure, creating a single insurance division, and completed a deal for broker Robertson-McIsaac.
UK Broker Awards: Meet the Shortlist - Personal Lines Broker of the Year
In the run up to the 2020 UK Broker Awards Insurance Age is profiling all the shortlisted firms and individuals, with today’s focus being The Personal Lines Broker of the Year.