News
Quizzical questions: 21 June 2019
Test your knowledge of the week's news with our topical quiz.
Tokio Marine Kiln: Figures revealed following closure of UK arm
Most recent results for Tokio Marine Kiln Group show losses for TMKI which is now being placed in run-off.
InsurTech Futures: Artesian launches risk and compliance hub
Firm says new solution will help brokers better understand risks and spot opportunities.
Regulator sharpens focus on Lloyd's amid sexual harassment claims
Following the warning Lloyd's has revealed advisory committees designed to tackle diversity and inclusion featuring sector leaders such as Zurich's, Amanda Blanc, and the CII's, Sian Fisher, have been set up.
Seventeen Group buys Graybrook Insurance
Specialist medical malpractice and professional indemnity broker to be integrated with James Hallam, as Seventeen group secures new funding partner.
Tokio Marine Kiln Insurance to go into run-off
The Group will focus instead on Lloyd’s business through its syndicates as the move places a small number of roles at risk of redundancy.
FCA issues warning on Instagram-based broker
The regulator believes Delta Car Insurance has been conducting unauthorised business.
Waite-led Premium Credit takes Howells from Close Brothers and Thomas from RSA
Following Tara Waite's appointment as CEO, Owen Thomas and Jon Howells join the company from RSA and Close Brothers respectively.
CII seeks fresh talent for New Generation group
The professional body has a specialist group for broking and the deadline for applications is 9 August.
Broker MP backs Boris Johnson
Craig Tracey has thrown his support behind Johnson in the Conservative leadership race but is yet to broach the topic of IPT with the former Foreign Secretary.
Ardonagh’s van der Veer joins Nexus
Marc van der Veer was previously CEO of international for Ardonagh MGA GEO Underwriting.
FCA strengthens position on dual pricing
The regulator has published a fresh response to the CMA.
Covéa launches commercial combined product
The offering, targeted at SMEs, is the first in a planned series of fresh products.
PIB's £50m spending on brokers in 2018 revealed
Consolidator's losses increased in 2018, but turnover jumped to £106.8m as it is set to continue its buying spree after £200m debt refinancing.
Government revives further regulation of aggregators
The government referenced a 2017 study into digital comparison tools by the CMA.
Insurers could face fines for £4bn dual pricing "rip off"
The government is set to give the Competition & Markets Authority power to bypass the courts and fine firms that exploit loyalty.
InsurTech Futures: Zego to double workforce after raising $42m
Broker says one of the largest funding rounds for a European start-up will see it move into new territories and expand its bases in the UK, Ireland and Spain.
#Insagepeople: 17 - 21 June 2019
Stay up to date with the latest people moves.
Hiscox creates Cyber Exposure Calculator
Online tool can calculate the value of a firm’s data.
Three directors out as Policy Expert buys loss-making Sure Thing!
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
Cyber and HNW: What do brokers need to know?
Sign up to our webinar, which takes place on 18 June, to learn how cyber issues impact on wealthy customers and find out from the experts what brokers need to do to assist their clients.
Zurich-owned N&G launches new small craft product
Policy covers small sailing boats, dinghies, motorboats and speedboats and is available for brokers to sell.
GRP-owned Sagars buys Thomas Cook
Deal is broker's first since it became part of GRP last year.
Markel launches tech sector proposition
Solution is aimed at start-ups, new and established SMEs within the technology, IT and communications and medical technology market.