Claims
Blog: Reducing the personal guarantee risk of solicitors’ PI
Todd Davison, managing director of Purbeck Personal Guarantee Insurance, assesses a particular challenge facing brokers and the solution available as the solicitors professional indemnity insurance renewal season fast approaches.
Government sets 28 March deadline for Russian aviation insurance ban
The UK government revealed the insurance sanctions on 3 March in response to the invasion of Ukraine by Russia.
NIG posts policy count and GWP rise for 2021
Owner DLG reported gross written premiums of £3.17bn with profit after tax of £343.7m.
FCA cap on CMC fees comes into force
Regulator claims consumers are expected save £9.6m a year.
Modellers put Storms Dudley and Eunice losses at up to £4.1bn (€5bn)
RMS estimates top figure of £3.7bn (€4.5bn) with the UK accounting for around 15% of the total.
Brokers praise insurer response to storms claims
Storms Dudley, Eunice, and Franklin could cost UK insurers more than £400m in claims, according to Moodys.
Ageas investing in digital to win with brokers, says Middle
The provider has teamed up with EIS, Amazon Web Services and Willis Towers Watson on a range of initiatives.
Allianz focused on growth in 2022, says Holmes
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn.
Allianz posts improved operating profit for 2021 but GWP slips
The provider reported a 3.2% decrease in GWP to £3.8bn.
Insurer payments for settled BI claims top £1bn
Providers have also made £307.9m in initial payments, according to the latest figures from the Financial Conduct Authority which is set to end its data releases next month.
FSCS confirms broker as failed
The compensation body has updated on the status of former broking firm Perry Prowse and released details of 12 companies that have gone out of business.
Zurich UK reports £470m operating profit
The provider reported that the UK business grew 13% in its P&C division.
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: We’re at a turning point for insurance payments?
Paysafe’s Justin Fraser considers payment habits for insurance customers.
Blog: Why 'community' is the word of 2021
Allianz's Simon McGinn on business interruption, broker relationships and sustainability.
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.
Meet Young Broker of the Year, Abigail Griffiths of MCE Insurance
In an interview with Insurance Age, the head of claims and UKBA winner tells us how she switched from fashion to insurance, her proudest achievement, and her plans for the future.
The accidental insurance broker – Brokerbility boss Ashwin Mistry
Profile: How Ashwin Mistry took a wrong turn and ended up in insurance. Interview by Siân Barton
News analysis: Calculating broker PI
Brokers are counting the cost of their own professional indemnity protection. Sam Barrett investigates.
Aviva takes new chief claims officer from Axa
Waseem Malik is joining Aviva in March 2022, replacing Dave Lovely who recently left the provider.
Zurich unveils flood resilience initiative
Insurer says it has transformed the way it handles flood claims for both direct and broker business following a warning by the Environment Agency (EA) that the UK must “adapt or die” to climate change.
Blog: Counting the cost of liability claims
The pandemic combined with Brexit is inflating the cost of liability claims, says Mark Merrix of Allianz.
Aviva’s claims director exits
Dave Lovely is leaving the insurer with Hugh Hessing stepping in as chief claims officer on an interim basis
Beazley GWP hits $3.3bn
The insurer stated premium rates on renewal business increased by 23% in Q3 2021.