Zurich Insurance
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.
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.
Covid BI claims payments hit £765.8m
FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.
Zurich commits to maintaining regional footprint post pandemic
Zurich states it remains committed to supporting regional brokers and keeping its presence throughout the UK, including in Leeds, in response to speculation that it had closed its office in the city.
Industry warned of "bumpy ride" ahead after FCA confirms dual pricing ban
While insurance experts have welcomed the regulator's new rules on pricing, coming into force in January 2022, some warn that the reforms will present challenges for the sector.
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.
Covid BI claims payments hit £701m
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Zurich’s UK underwriting officer exits for global role
Hayley Robinson will be heading off to Switzerland to start as group chief underwriting officer in June.
Zurich launches mental health tool
Head Lines: The provider has developed a free tool that firms can use to identify and manage the mental health risks associated with their workforce.
ABI launches flexible working charter
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
BLM launches cross-industry property damage body to combat claims surge
The industry-wide property damage Task Force is meant to bring insurers, brokers, loss adjusters, legal specialists, and corporates together to identify emerging issues in the property claims sector.
FCA data reveals progress as insurers settle Covid-19 BI claims
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Top rated high net worth providers for 2020-21 revealed
Axa XL takes the crown in a report from Highpoint Consultants which explores the state of the HNW insurance market and how well it serves customers and brokers.
FCA reveals insurer claims payouts following BI test case verdict
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.
Zurich launches global risk service
Provider says the new offering was developed to meet demand from businesses for risk prevention and mitigation services and is available to UK brokers of all sizes.
Interview: Ecclesiastical's Richard Coleman
MD of UKGI, Richard Coleman, tells Insurance Age about the provider's plans to modernise its brand and discusses the business interruption test case and Ecclesiastical's approach to working with brokers.
Zurich takes stake in MyPolicy
The provider has also joined the panel of the analytics and telematics specialist.
IPT-threat level raised
The “soft target” tax is under threat amid economic uncertainty but the sector is still arguing for a cut or a freeze.
Zurich UK reports 75% fall in GI operating profit for 2020
Combined operating ratio for the UK business deteriorated to 97.8%, but GWP was up by 11%.
Blog: How can insurers support brokers and allow staff to work flexibly?
Zurich's David Martin reflects on how Zurich manages to balance the two as more providers move to flexible working for staff.
Head Lines: Zurich offers counselling to all claimants
Brokered and direct customers will be offered access to five counselling sessions if they claim.
Pen Underwriting extends £165m Zurich capacity deal
The capacity will provided over the next five years to cover hazardous industries and tanker transportation.
Zurich and Plum Underwriting agree £150m capacity deal
The five-year personal lines deal sees Zurich replace Lloyd's capacity.