News
Covid-19: App-based broker Lenny closes down after backers exit
Short-term car insurance broker says the Coronavirus outbreak made it a "frustratingly unfavourable landscape" to find a new backer.
Blog: Covid-19 will make cyber and digital insurance policies more relevant than ever
Kennedy's Elizabeth Bardsley discusses the risks brokers need to be aware of as more and more professionals work from home as a result of the coronavirus pandemic.
People Moves round-up: 13 - 17 April 2020
Keep up to date with the latest market moves.
The working from home diaries: Nick Hobbs
Insurance Age finds out how Nick Hobbs, director of broker markets at Allianz UK, has adapted to changes in working practices amid the Covid-19 outbreak.
Insurance Covid-Cast - episode three: Is motor insurance at a tipping point in light of the coronavirus lockdown
In the third of a new series of video casts brought to you by Insurance Post and Insurance Age while our journalists are in isolation lockdown we discuss whether UK motor insurers are being unfair in not rebating premium or offering more flexible options…
Covid-19: Insurers clarify stance on Coronavirus cover
Updated: A number of providers have introduced exclusions for Covid-19.
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
Covid-19: Industry welcomes "firm and pragmatic" FCA message on BI claims
Sector responds to the regulator's Dear CEO letter calling on insurers to pay valid claims quickly.
FCA data reveals complaints numbers soared in H2 2019
Regulator reports 75% increase in PPI complaints ahead of 29 August 2019 deadline.
The working from home diaries: Tim Ryan
Insurance Age finds out how Tim Ryan, executive chairman of Ryan's and the Una Alliance, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Hiscox hits back amid BI dispute
The insurer is facing a potential class action after declining a series of business interruption payments but says it could pay up to $175m and is “proactively paying claims”.
Gresham launches Professional Select
The product covers 300 different trades and offers flexible commission to brokers.
Covid-19: FCA calls on insurers to pay valid claims quickly
Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.
Blog: What next for commercial motor?
Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites.
Government calls on Amanda Blanc to lead flood inquiry
Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.
Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19?
In the second of a new series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown we discuss how insurtechs are seeking to create positive customer stories to redress the negative media…
The working from home diaries: Rhys Thomas
Insurance Age finds out how Rhys Thomas, chief executive of Thomas Carroll Group, has adapted to changes in working practices amid the Covid-19 outbreak.
One Sure's MD on why he bought Staveley Head
Chris Lear explains why the broker, which went into administration last month, was a good buy for One Sure Insurance.
Covid-19: Broker M&A numbers predicted to drop
But the consolidators say their models have not changed as a result of the coronavirus.
Ethos Broking buys Compass member
The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.
The working from home diaries: Nick Houghton
Insurance Age finds out how Nick Houghton, group managing director of JM Glendinning, has adapted to changes in working practices amid the Covid-19 outbreak.
Premium finance not affected by FCA relief measures, says Biba
Trade body said it lobbied the regulator to exclude premium finance arrangements as payment deferrals would have left many brokers at greater risk.
Covid-19: Carrot announces customer support measures
Telematics broker said the new measures were designed to assist key workers.
The working from home diaries: Michael Lawrence
Insurance Age finds out how Michael Lawrence, broker distribution and underwriting director at LV, has adapted to changes in working practices amid the Covid-19 outbreak.