News
Gibraltar regulator sheds 22 staff in cost-cutting drive
The GFSC has also restructured its management team to be “flatter, wider and more inclusive”.
Graham Coates joins Romero as NED
The former Axa and Bluefin director remains in his role at broker Hamilton Fraser.
Gibraltar’s Quick-Sure enters administration
Having stopped writing new business in 2017, the regulator estimates that only 117 claims are left to be settled.
Andy Fairchild leaves Jensten Group
The former Broker Network CEO joined Jensten (formerly Coversure) in July last year.
Hiscox adds extensions to technology cover
Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.
FCA appoints interim CEO
Current incumbent Andrew Bailey joins the Bank of England as governor on 16 March.
Lloyd’s appoints whistleblowing champion
Angela Crawford-Ingle has joined the board of the Audit Committee as Bruce Carnegie-Brown says Lloyd’s is committed to encouraging an open culture.
Blog: How flood prevention technology can impact claims management
Jonathan Jackson, CEO at flood forecasting InsurTech Previsico, explains how new technologies can change the industry's approach to flood claims.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Wentworth Alexander swaps SSP for Applied Epic
The business is planning to create a self-service portal and mobile apps for staff and customers.
The Blog Spot: Breaking barriers to insurance
As Biba focuses on improving access to insurance in its manifesto, commissioning editor Laurence Eastham considers where changes will occur in 2020.
Beazley adds data breach prevention to cyber suite
Provider partnered with HewardMills to develop the offering.
CFC buys InsurTech start-up ThreatInformer
MGA says ThreatInformer's data enrichment technology will help it improve key activities in the underwriting process.
Ecclesiastical launches wellbeing guidance
Head Lines: The provider has produced a series of videos to help brokers manage stress.
Searchlight believed to be final party in discussions with GRP – reports
GRP has been exploring sale and reinvestment options since last summer.
Zurich-owned N&G buys marine trade book from NMU
The book of business will be transferred to N&G at renewal and NMU marine trade underwriters will move across as part of the deal.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Blog: Reading the tea leaves is a mug’s game
Sharon Bishop, CEO of Close Brothers Premium Finance, discusses how technology will free brokers up to do what they’re good at and urges the sector to increase its focus on diversity and inclusion.
Hyperion and JLT Specialty settle lawsuit
The settlement relates to a team move with 47 staff moving from JLT Specialty to Hyperion.
Biba goes green for 2020
Trade body has announced a raft of initiatives to support “ethical and sustainable trading” as part of its manifesto.
Bewica launches cyber portal for SMEs
New offering is free for Bewica's brokers to use and assesses customers’ susceptibility to the top cyber risks that SMEs face including phishing attacks, password interception and website attacks.
People Moves Round-up: 20-24 January 2020
Keep up to date with the latest market moves.
Arc Legal extends landlord legal defence cover
Provider said the Homes (Fitness for Human Habitation) Act means landlords now require cover for civil or criminal prosecution.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.