News
Podcast: The top five stories of the week
Ida Axling and Siân Barton assess the events from the week commencing 12 February 2018.
ICO court case against Hiscox collapses
Insurer had been accused of breaching the Data Protection Act 1998 and could have faced an unlimited fine.
Quizzical questions: 16 February 2018
Test your knowledge of the week's news with our topical quiz.
PIB launches risk management business
The consolidator has merged Sigerson Associates and Ford Risk Management to create the division.
Coversure expands into Scotland with new Falkirk office
The branch is owned and run by Graham Lilley and follows openings in Leeds, Crawley and Bingley.
ProAktive bosses complete £2m MBO
Founder Jon Whiteley stays with firm but steps down from day to day management.
Lloyd’s and Kanye West settle £7.4m suit - reports
West originally launched the legal action in August 2017 after, he said, Lloyd’s syndicates failed to pay out for cancelled gigs on his Saint Pablo tour.
European Council approves IDD delays
EU ambassadors confirmed that the council has agreed to delay transposition of the Insurance Distribution Directive.
Allianz moves in further on Euler Hermes
Latest investment takes Allianz's outlay up to €1.5bn.
BBC’s terrorism insurance spend nudges up in 2017
The insurance industry has also grown its focus on terrorism insurance products following recent attacks.
#Insagepeople: 12 - 18 February 2018
Keep up to date with all the latest people moves.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Liberty to launch trade credit e-trade platform
Toredo is targeted at brokers who do trade credit for banks, corporates and commodity traders.
Cyber add-on for brokers launched
The product is available from iSmartSupport and brokers can whitelabel the add-on.
Thomas Carroll grows with sixth office
The expansion to Newport, South Wales, follows profit growth at the business.
Tempcover to offer short term home cover
The scheme is the latest in a raft of changes to hit the home insurance market as providers clamour to respond to changing customer needs.
Biba repeats call for separate FSCS levy pot for brokers
The ABI has also responded to the FCA's consultation on the levy, arguing that insurers should not have to pay for "adviser failures".
Podcast: The top 5 stories of the week
Emmanuel Kenning and Siân Barton discuss the key points from the week's news.
Former Axa director Matthew Reed launches healthcare MGA
Equipsme to sell SME product through general insurance brokers targeting 30,000 firms in two years.
AIG posts $6.7bn loss for final quarter of 2017
COR for the full year comes in at 117.3%.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
Ogden drives Zurich to UK general insurance loss in 2017
COR soars to 110.9%.
Nicky Morgan calls for Brexit position paper for financial services
She argued that the sector is in a “chronic state of uncertainty” and criticised the “inaction” of the government for failing to provide answers.
Allianz looks at buying XL Group - report
Insurer wants to grow its US property & casualty business, according to Bloomberg.