News
Hiscox commits to regions and moves 300 staff out of London
Insurer is set to open a new branch in an unidentified location, with staff also set to move to existing offices in York and Colchester. It confirmed no broker-facing roles are affected.
People Moves Round-up: 27-31 January 2020
Keep up to date with the latest market moves.
H&R Insurance Services buys APL Insurance Services
The deal was for an undisclosed sum and concluded at the end of 2019.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Aviva denies privacy failure after mailing error
The insurer contacted thousands of customers mistakenly calling them ‘Michael’ - reports.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.
Gefion's solvency falls again after order from Danish regulator
The unrated provider was told to restate information in its annual report earlier this month.
Aston Lark buys Isca Barum in first deal of 2020
Smallholding and farm insurance specialist brings £5m of GWP and 20 staff to Aston Lark.
Les Brewin to exit Marsh-owned Purple
As Brewin is set to retire no replacement has been announced for the network which became part of Marsh following its 2015 Jelf acquisition.
Blog: How does the SM&CR approach misconduct?
Nick Wilcox and Rolleen McDonnell of law firm BDBF examine where brokers may fall foul of the latest regulation to hit intermediaries.
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.