Allianz
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aviva sells Italian GI business to Allianz
The insurer has confirmed it completed the sale of Aviva Italia for £284m.
Allianz updates fleet products to include electric vehicles
Provider says cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wallboxes.
Allianz launches transitioning at work policy
Provider says the move is part of an ongoing commitment to creating a diverse and inclusive culture and that the policy offers practical guidance, clarification and education.
Businesses call for climate action in letter to Boris Johnson
Companies including Allianz, Aon UK, Brit Insurance, Convex, Flood Re, Marsh, MS Amlin Underwriting and Tokio Marine Kiln have urged the Prime Minister to demonstrate the government's commitment to addressing the climate crisis ahead of UN summit.
Covid BI claims payments surpass £1bn
The latest set of figures from the FCA show providers have made initial payments worth £328.9m for unsettled claims and final settlements of £696.2m.
Axa UK snaps up Mallaby
She joins as distribution and trading director for commercial and has been brought in to enhance broker relationships after exiting Allianz amid a restructure this summer.
Allianz names South East branch manager
The insurer has also appointed a new strategic account manager.
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
Former Allianz employee sentenced for stealing £67,000 from insurer
The man, who fled to the United States while the case was under investigation, was sentenced to two years imprisonment, suspended for two years and community service.
Allianz Holdings reveals drop in GWP in first half of 2021
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
Howden pledges to achieve plastic neutrality
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Allianz adds tracker to claims hub
The broker-focused tool maps progress across five areas.
Allianz commits to continued broker focus after restructure
Provider says split into distinct personal and commercial businesses will not result in any redundancies.
Allianz reveals restructure
The move sees Steve Treloar become CEO, Allianz Personal and Simon McGinn become CEO, Allianz Commercial, as the provider announces a number of senior exits including Sarah Mallaby, Neil Clutterbuck and Chris Little.
FCA data shows Covid BI claims payments now total £875.5m
Updated figures reveal providers have made initial payments for unsettled claims worth £308.9m and final settlements worth £566.6m since the Supreme Court verdict in the FCA test case.
Global industry leaders set up the Net-Zero Insurance Alliance
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
People Moves: 5 - 9 July 2021
Stay up-to-date with the latest job changes in the world of insurance.
Ex-Allianz employee sentenced for fraud by abuse of position
The fraudster, a broker relationship manager, was sentenced to two years imprisonment suspended for two years and 180 hours of unpaid work after pocketing £106,000 for setting up fake insurance policies and redirecting claims payments.
HRH The Prince of Wales launches insurance task force to fight climate change
The task force, chaired by Lloyd's, is comprised of insurance executives and aims to provide a platform for the sector to collectively advance the world’s progress towards a resilient, net-zero economy.
Euler Hermes names Sarah Murrow as CEO for UK and Ireland
She succeeds Milo Bogaerts, who is moving to become CEO of Euler Hermes Northern Europe Region.
The Blog Spot: Tiernan, Bayles, Holmes … Norwich do we have a problem?
A trio of senior departures at Aviva might have got tongues wagging but, as Jonathan Swift asserts, it might be more of a case of coincidence than carnage.
Colm Holmes "great fit" for Allianz as brokers praise outgoing boss Jon Dye
News of the management shake-up left brokers shocked and surprised, but experts say Holmes will be good for Allianz while they remain confident that Aviva boss Amanda Blanc will keep the ship steady despite recent exits.