Aviva
Top 5 read stories: 8-12 August 2022
The top five most read stories by brokers this week.
Movo signs agency deal with CNA
Broker network Movo Partnership has added CNA to its panel of capacity providers.
Aviva UK sees COR deteriorate and operating profit slip
Aviva UK’s combined operating ratio for H1 2022 has deteriorated to 95.6% and operating profit dropped to £159m from £169m in the same period last year.
Registration opens for 2022 Dive In festival
Diversity initiative Dive In has opened registration for its 2022 festival as it calls on the insurance industry to build braver cultures.
Gallagher denies negligence and breaches over Paradigm claim
Gallagher has hit back at claims by client Paradigm Housing Group that it acted negligently and breached its duty over cover for a £8m flat complex which had its roof blown off in 2020 storms.
Insurers flag climate change concern following UK heatwave
Insurers have pledged to focus efforts on reducing climate change and called on the industry to be better prepared for weather events.
Amanda Blanc joins BP board
BP has announced the appointment to its board of Amanda Blanc as a non-executive director.
Aviva strikes Azur HNW deal after exclusive talks
Aviva has penned a deal to buy Azur Underwriting’s high net worth personal lines business in the UK and Ireland.
Ripe Thinking ready to strike first buy
Ripe Thinking is gearing up to make its first acquisition having grown to more than 280,000 policyholders organically since being founded in 1997.
ESG Round-up - July 2022
Insurance Age rounds up the key stories from the insurance sector’s environmental and social governance agenda, featuring Aviva, Brit Insurance, Romero Group and Partners&.
Insurtech app Honcho shuts up shop
Motor specialist Honcho has closed for business after three years of trading citing difficulty acquiring customers and the competitive environment as reasons for the closure.
AM Best upgrades Aviva ratings
AM Best has upgraded the financial strength rating of Aviva Insurance to A+ (Superior) from A (Excellent).
Broker Satisfaction Survey: Which insurer leads in the marine category?
CNA Hardy has secured first place in the Insurance Age Broker Satisfaction Survey – marine category, with NMU in close second and Lonham Marine coming in third.
Football clubs step up BI court case against insurers
A group of professional football clubs has set out its demand for multiple business interruption payments having kicked off a High Court multi-million pound Covid-19 related legal case last month.
MGA Fusion Specialty expands in UK
SME focused M&A and financial lines specialist managing general agent Fusion Specialty has launched Fusion Specialty UK.
Amanda Blanc says she feels “responsible” for addressing industry sexism
Aviva CEO, Amanda Blanc, has spoken on Women’s Hour this week to say she felt compelled to address sexist incidents as one of only nine female FTSE 100 CEOs.
Ceta launches notional home insurance product
Ceta has developed a notional home proposition, Prestige Notional, which is backed by Aviva.
Gallagher sued for negligence and breach of contract over failure to cover flat block
Paradigm Housing Group is suing Gallagher for failure to provide the right advice or cover for a £8m flat complex which was damaged in 2020 storms.
Ageas adds Neil Mercier as head of standard motor
Neil Mercier has been appointed as head of standard motor at Ageas as it seeks to consolidate its position in the personal lines space.
Broking Success: Moving forward and storing up success
Greg Wildman, managing director of Basil Fry & Company, unpacks how the removals, storage and self-storage specialist broker has consistently delivered yearly double-digit organic growth in a sector that is a bellwether for the UK economy
Profile: Adam Winslow - Winslow’s world
Adam Winslow has been UK and Ireland CEO for Aviva since May last year. He speaks to Siân Barton about his career, the insurer’s plans and shares his view on current market conditions.
Analysis: Recruitment, the workplace environment and the generational shift
Insurance Age learns how the broker space is dealing with hiring and the developing workplace expectations of the younger employees, following reports of recruitment difficulties and clashes between different generations.
Analysis: Sexism, seniority and insurance
As Amanda Blanc reveals the “misogynistic scars” she has suffered, and says that sexism got worse as she took more senior roles, Insurance Age investigates gender discrimination in insurance
Dirty Martini cocktail chain owner files £4m BI legal case against QIC Europe
CG Restaurant has opened a £4m business interruption legal proceeding against QIC Europe at the High Court in London.