Liability
Ardonagh buys Alice Castle
Ardonagh Advisory has agreed to buy professional indemnity and cyber insurance specialists Alice Castle, Insurance Age can reveal.
Hug Hub to launch broker extranet service
Insurtech Hug Hub is to rollout an extranet service this summer in a move it said would save commercial brokers up to 75% of the processing cost in placing e-traded SME risks.
Cyber hits top spot for schemes commission earnings
SchemeServe research shows that cyber has outpaced other insurance schemes with an 87% increase in commission earnings over the past six months.
QBE launches contractors combined for mid-market
QBE has launched a contractors combined product targeting the evolving needs of middle market construction customers.
Blog: Bona fide sub contractors – a hard sell?
Martino D’Aliesio, lead underwriter – casualty at Ensurance, on the key questions for brokers to guide their construction clients through the complex bona fide sub contractors area.
Property pricing up 9% in Q1
Insurance pricing in the UK increased by 20% in the first quarter of the year but this was down on the 22% rise in Q4 2021, according to the latest research by Marsh.
Lloyd’s wholesale broker Corrie Bauckham Batts goes into liquidation
The Financial Conduct Authority has confirmed that Corrie Bauckham Batts went into liquidation on 20 April with John Dean Cullen and Rachel Helen Lai of Menzies appointed as joint liquidators.
PIB snaps up international wholesale specialty broker Guest Krieger
The London Market broker writes specialty business mainly emanating from Israel but also from more than 30 other countries.
Blog: The opportunity in M&A insurance
There has been no shortage of mergers and acquisitions stories over the past 12 months and not just in the broking sector. Despite all the deal headlines M&A insurance has had little airtime so CFC’s Joe Perrett runs the rule over the opportunities for…
Hagerty launches motorsport insurance in the UK
The organisation is working with Gullwing Racing Insurance.
Analysis: FCA bares its teeth on residential property insurance
Martin Friel explores the likelihood of intervention by the watchdog as premiums go up in a market that has “not worked well” for more than a decade.
Analysis: Balancing risk and opportunity in the metaverse
Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike.
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
Blog: Product liability and fixed recoverable costs
Michael Samaan of Plexus law gets to grips with recent changes.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Blog: Counting the cost of liability claims
The pandemic combined with Brexit is inflating the cost of liability claims, says Mark Merrix of Allianz.
MGA Fiducia launches commercial combined product
The product, which will be marketed through its broker partners, provides a range of coverages under one policy.
Insurance Age relaunch: Don't miss our product hub
Check out the website's fresh section, Product Hub, for in-depth features and content spanning 11 product lines.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Superscript partners with Amazon on business insurance
The insurtech start-up says Amazon Business Prime customers will have access to covers including public liability, employers’ liability, professional indemnity, cyber, directors and officers, and office contents & equipment insurance.
FCA issues warning over broker Professional Construction Risks
The watchdog said that it appears the business “acted dishonestly” and warned customers to decline to do business with the firm.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
CFC launches micro M&A liability product
CFC said micro M&A transaction liability is an untapped insurance market and a clear opportunity for brokers.
In-depth - regulation: Doing the right thing
New rules and the threat of reputational damage from public outcries are pushing brokers and clients to re-evaluate how they approach environmental, social and governance issues, writes Edward Murray