Experts say the insurance sector has been “traumatised” by the prospect of unintended coverage for business interruption related to coronavirus.
Biba CEO Steve White says trade body worked with the government, the ABI and the Confederation of British Industry to find a solution after brokers in the trade credit sector said they found it “extremely difficult” to place new business.
The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director.
Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates
The coronavirus crisis has forced us all to adapt. Here, for the very first time, we have the digital-only edition of Insurance Age.
As Biba focuses on improving access to insurance in its manifesto, commissioning editor Laurence Eastham considers where changes will occur in 2020.
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Tim Ryan, executive chairman at Ryan's, discusses the trends of 2019 and David Williams, MD of underwriting and technical services at Axa, outlines what the industry can expect in 2020.
In July, the market was shocked by the departure of Amanda Blanc from Zurich after only nine months in the CEO EMEA role.
Deal will give commercial broker, The Burley Group, access to Radius' telematics and fuel cards customers.
Group formed amid ongoing issues with capacity in the construction market.
Sector has recently been troubled by hardening capacity and cover shortages.
Owner Preservation Capital Partners combined the two MGAs after buying US firm Cove earlier this year.
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
CEO Howard Lickens reveals the drivers behind the broker's deal to buy Morrison and outlines its plans for the future.
Acquisition increases Clear's GWP to £135m.
Brokers must prove their worth as industries face price hikes in professional indemnity insurance
Steve Kelly, underwriting account manager at Allianz Engineering, Construction & Power, discusses how brokers can best help their construction clients prepare for Brexit.
Which whitepapers grabbed the attention of the broking space over the summer period?
Bridge Insurance Brokers' Carrie Arnold discusses how brokers can help developers reduce setbacks if their contractor collapses.
Stay up to date with the latest people moves.
The Association of Consultant Approved Inspectors (ACAI) has called on the government to review its Approved Inspectors Scheme of Insurance.
Organisation references Grenfell Tower tragedy as it unveils advice to brokers, including to identify which materials and dangerous substances are used in the building process.
The Insurance Age editorial team dig into this week's top stories.