News
Covid-19: ABI admits few will be covered for BI
The government advised leisure businesses to close voluntarily prompting a public backlash that firms won’t be able to claim for business interruption as it isn’t a closure order.
Applied Systems implements remote working globally
Software house has also introduced measures to enable its clients to follow suit.
Stuart Reid returns to the industry as Pikl chairman
Exclusive: The former Bluefin and Gallagher boss says he is taking on a number of new roles, with the rest to be revealed in the near future.
QBE to close UK offices in coronavirus stress test
Insurer pledged no business interruption as it plans for employees to stay home on Wednesday 18 March.
The Blog Spot: Navigating these strange times
We’re already seeing travel cover suspended and confirmation BI isn’t covered for Covid-19. What might this mean for the future of insurance and trust in the sector?
Jelf sues DRP for alleged staff and client poaching
Court documents reveal Jelf believes its losses total over £1.2m.
Lloyd Hanks joins SchemeServe board
Software provider said Hanks will help promote SchemeServe across the industry.
LMA develops renewal clause amid Covid-19
The London Market organisation has published wording to ensure coverage continues beyond a specified renewal date as the coronavirus pandemic continues.
Pen and Markel agree £25m in equine capacity
Deal is a three-year renewal of an equine partnership that first began in 2017.
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
CII president video streams speech as coronavirus restrictions hit
Nick Turner, also a director at NFU Mutual, was stopped from attending the annual CII president's dinner after the provider banned staff from attending events with more than 100 guests.
Four Biba board members step down
Andrew Gibbons, Ashley Rogoff, Tim Ryan and Paul Anscombe have completed their stints on the board, with the trade body set to announce their replacements in the near future.
Travel brokers reveal mixed approach to coronavirus cover
InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.
Lloyd's to close underwriting room for 24 hours in coronavirus stress test
Market to test its readiness by invoking its emergency trading protocol.
Insurance Hound: Most read by brokers in January and February
Which topics have been sparking brokers’ interest?
Pen creates regional role amid broker push
The Gallagher-owned MGA has developed a manager role to focus on the Midlands and North.
LV suspends travel insurance due to Covid-19
Provider says existing customers will not be affected by the move.
Government consults on UK market access for Gibraltar-based firms
The legal framework previously in place needs to be changed due to Brexit, with firms having until 11 May to respond.
Sector escapes IPT rise in ‘coronavirus’ Budget
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
Acturis adds Ageas home product to platform
Personal lines product, House Guard, is now available to users of the software house.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
Axa caught in Instagram row after IWD paid post
Insurer faces criticism after a paid International Women's Day post by male blogger Father of Daughters.
Analysts say Aon tie-up benefits Willis Towers Watson
However, Mazars' Simon Fitzsimmons flags that the deal, which will see Aon become the largest broker in the world, still needs to be approved by the Competition and Markets Authority.
XL Catlin’s Paul Jardine joins insurtech
He has taken a position on the Worry+Peace advisory council.