Ecclesiastical
Regional brokers spy growth in real estate
The regional real estate market is in rude health, with six in 10 brokers (56%) reporting growth over the past 12 months, and one in six (16%) reporting significant growth, according to Ecclesiastical.
SEIB adds Lloyd & Whyte CEO to board
Matthew Pyke has become a non-executive director for SEIB, which is owned by Ecclesiastical's parent firm. Lloyd & Whyte is also 20% owned by the Benefact Group
Brokers shy away from net zero targets
According to research by Ecclesiastical only 5% of regional brokers have set a net zero target, Insurance Age can reveal.
Backpage: April 2022
Charity corner, our pet of the month and the light side of insurance
Ecclesiastical Group moves into profit
The business made a loss in 2020 but is back in the black driven by investment returns, improving market conditions and a good current year underwriting performance.
Ecclesiastical Insurance’s parent rebrands as Benefact Group
Ecclesiastical Insurance and all of the group’s other trading brands including brokers SEIB, Lycetts and Lloyd & White will continue to operate under their own names.
Ecclesiastical to expand schemes book with new hire
The Gloucester-based insurer boosted its schemes team with the appointment of Simon McGill.
Blog: The key to rebuilding trust
Ecclesiastical’s Adrian Saunders considers how the insurance industry can win back customer faith.
And finally – February 2022
The lighter side of the broking world including, the cartoon, pet of the month and the industry's charity endeavours.
Covid BI claims payments now at £1.3bn
FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m.
Blog: Industry trends to look out for in 2022
Adrian Saunders, commercial director at Ecclesiastical Insurance, shares his predictions for the broker market in 2022.
Covid BI claims payments reach £1.2bn
FCA data reveals providers have now made initial payments worth £308.4m and final settlements of £916.7m.
People Moves: 6-10 December 2021
Keep up to the date with the latest industry moves.
Interview: Adrian Saunders, Ecclesiastical
The commercial director tells Insurance Age about the insurer's developments, its relationship with brokers throughout the pandemic, and its plans for the coming year.
More than half of brokers suffer from mental health issues linked to work
Research from Ecclesiastical shows 61% of brokers experience work-related stress, while only 43% feel comfortable talking to their manager about their mental health issues.
Ecclesiastical grows profits
Broker, SEIB, which is part of Ecclesiastical, also reported increases in commission and fees.
FCA focus on fair value causes confusion for brokers
Research by Ecclesiastical shows 40% of brokers do not understand how their business will be impacted ahead of the new product governance rules coming into force on 1 October.
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.
In-depth - data: Scheme machine
Information is vital for convincing providers to back a scheme and, as Martin Friel finds out, the richer the data brokers have, the more likely a new scheme will get off the ground and succeed
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.
People Moves: 19-23 July 2021
Keep up to date with the latest people moves in the insurance sector.
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.
Brokers predict rise in consolidation among niche players
Research from Ecclesiastical reveals the biggest threats specialist brokers are facing as well as why they believe being niche gives them a competitive advantage over other brokers.