coronavirus
Covid-19 to boost broker M&A
David Hopwood, of Marsh Networks, predicts the pace of M&A will increase as the UK moves out of lockdown.
Building business better after the crisis
Broker Extra 2020: Every effort is being made to ensure the UK economy fires up again, but how will brokers be operating and can they find better ways to function? Aviva's Phil Bayles, Ian Donaldson of Atlanta Group and Sara Fardon, of Willis Towers…
MGAs under threat as insurers set to crackdown
News Analysis: Covid-19 and BI wordings row likely to see a flight to quality, specialist providers while vanilla offerings set to struggle.
Ten adds six members during lockdown as it gears up for growth
MD Dawn Derbyshire says the pandemic has given brokers time to think about going out on their own as the AR network strives to update its model to include directly authorised firms.
Saga confirms 300 redundancies
The insurance and travel provider said the business had been hit by the Covid-19 pandemic.
Insurance Covid-Cast: Future of Insurance Work – Lesson learned to help Gen Y employees adjust to a new work/life balance post-pandemic
For the 33rd episode of Post and Insurance Age’s video series we gathered together a panel of senior HR and talent managers to discuss the feedback they have had from millennials about how they have experienced lockdown and how insurers might adapt in…
From a public health crisis to a public relations crisis – Where does the BI buck stop?
Broker Extra 2020: The UK insurance sector is mired in a public relations disaster after its wide-scale rejection of many business interruption claims connected to the Covid-19 pandemic. An expert panel discussed whether reputations can be restored and…
The Fallout - Insurance brokers and the coronavirus pandemic
Broker Extra 2020: Brokers have faced significant challenges yet also gained some business benefits resulting from the Coronavirus pandemic. In a Broker Extra 2020 live-streamed session, an expert panel of brokers talked about their experiences.
FCA: A roadmap for brokers through Covid-19
The regulator exclusively spoke to Insurance Age for the Broker Extra event.
Jensten to continue M&A pursuit
Simon Taylor, managing director for wholesale, discussed the future of the business as it is announced Bob Darling is set to step down.
Blog: What challenges await new Aviva CEO Amanda Blanc
It is early days yet, but new CEO Amanda Blanc is certainly talking the talk when it comes to turning around Aviva. Insurance Age content director Jonathan Swift outlines where the battle could be won when it comes to her being considered a success or…
Chubb flags huge Covid-19 losses
The global insurer has estimated a $1.36bn hit arising from Covid-19.
Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
For the 32nd episode of Post and Insurance Age’s video series we gathered together a panel to discuss how millennials have experienced lockdown and what temporary practices they would like to see made permanent.
Blanc flags radical action as she steps into Aviva CEO role
The newly appointed leader wants to direct change at pace at the insurer and does not rule anything out.
RSA walks back on Marsh criticism in FCA's BI test case
As RSA changed its mind on part of its argument that drew criticism from Marsh, the Financial Conduct Authority said insurers were failing to take account of “the true nature of the insurance provided” in its business interruption test case, according to…
Arag posts turnover rise for 2019
But the business also saw a fall in profits as MD Tony Buss says provider has revised its expectations for 2020 due to the pandemic.
FSCS "standing ready" to deal with customer impact from Gefion
COO Jimmy Barber discusses Gefion's solvent run-off, previous insurer failures including Alpha and Enterprise, and why he believes brokers are integral to the Scheme.
Insurance Covid-Cast: Insurtech 100 special – Tencent We Sure CEO Alan Lau
For the 31st episode of Post and Insurance Age’s video series we returned once more to the Insurtech 100 compiled by Sonr Global to spotlight the number two ranked start-up We Sure.
Lloyd's proposes solutions for non-damage BI cover
The insurance market has revealed a number of frameworks to help tackle the coronavirus crisis as well as future systemic catastrophes.
News analysis: What will the ‘new normal’ look like?
The coronavirus crisis has had a profound effect on the way people work. Insurance Age finds out how brokers think the insurance industry will operate once the lockdown has ended
Aon to repay 20% pay cuts
Broker backtracks after 70% of employees were forced to take reductions in pay due to the coronavirus crisis.
Insurance Covid-Cast: What next for Managing General Agents?
In the 30th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss what the future holds for managing general agents.
Car premiums fall in Q2 amid Covid-19 lockdown
Consumer Intelligence says average motor premiums fell by 1.4% in the last three months, most likely as a result of fewer people driving during the pandemic.
Insurers accused of ‘dragging feet’ as extra FCA BI September trial dates mooted
The eight insurers involved in the case are still on the hunt for their own expert evidence as a second trial in September is looking increasingly likely.