Property
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
The Insurance Age Podcast – 14 February 2020
News editor Ida Axling and editor Siân Barton look over the top stories for the week.
Polaris creates new standards for sharing economy products
The technology and standards organisation worked alongside sharing economy provider Pikl.
Mactavish warns of underinsurance in commercial property
Consultancy says that cyber elements of commercial property cover are increasingly being removed.
Editor's letter - February 2020
Moving forward: After Brexit hysteria has waned, the industry has other pressing issues to tackle
Blog: How flood prevention technology can impact claims management
Jonathan Jackson, CEO at flood forecasting InsurTech Previsico, explains how new technologies can change the industry's approach to flood claims.
Arc Legal extends landlord legal defence cover
Provider said the Homes (Fitness for Human Habitation) Act means landlords now require cover for civil or criminal prosecution.
Romero and Qlaims partner on commercial property support
Broker can now offer claims support and loss recovery insurance to commercial property clients.
Blog: Is climate change insurable?
Ben Davis of Digital Risks examines how insurers and brokers can survive in the ‘new normal’ of significant and frequent climate-related losses.
Neon Underwriting placed into run-off
Neon's parent company American Financial Group has decided to exit the Lloyd's market.
Blog: Is insurance picking up the bill for outdated building regulations?
Alison Whittington, head of housing at Zurich, discusses the hazards of modern properties and how insurers are getting involved.
Christmas Q&A with Michael Lawrence and Simon Mabb
Michael Lawrence, broker distribution and underwriting director at LV, considers the headlines of 2019 and Simon Mabb, group managing director at Romero Insurance Brokers, predicts those of 2020.
Christmas Q&A with Sarah Mallaby and Peter Blanc
Sarah Mallaby, director of broker markets at Allianz, reviews 2019 and Peter Blanc, group CEO at Aston Lark, looks ahead to 2020.
Diversity and Inclusion in Insurance Awards winner: Zurich's Marianne Skinner
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature the LGBT+ Champion and overall D&I Champion, Marianne Skinner, London Market underwriter at Zurich Insurance and chair of Zurich Pride…
MS Amlin sets date for UK property and casualty exit
Provider previously announced its decision to withdraw from the market in September 2019.
C-Quence and Cytora partner on commercial P&C underwriting
C-Quence will launch its P&C suite in January using Cytora’s property API to connect data such as property and location to each P&C submission.
Plan Group interested in more deals after Pedal Cover buy
Ryan Georgiades, chairman of Plan Group, has listed several business lines that it might be interested in buying a broker in, this included niche leisure, motor, travel, home and commercial property.
Results dip for Allianz amid claims inflation and Ogden losses
CEO Jon Dye said the business is "still in good shape" despite the slip in performance.
Axa UK reports growth across all business lines
Figures follow an effort to streamline the provider’s operations in the UK and Ireland.
News analysis: Broker and MGA concerns mount over MS Amlin pull-out
Provider’s announcement that it is exiting nine lines of business could have serious knock-on effects for the market, reports Sam Barrett
GI complaints fall amid £2bn PPI payout
FCA data for H1 2019 was final full reporting period before 29 August PPI deadline.
Weald announces purchase of Cronin Underwood
Acquisition is Weald Insurance’s first deal since becoming an Ethos Broking partner in 2018.
MS Amlin: Brokers highlight regional pull back
Brokers report reduced numbers of staff in the provider’s Chelmsford office and say MS Amlin’s recent action is continuation of providers exiting regions.
CMC employee jailed for fraud and abuse of position
The individual stole nearly £18,000 from the CMC and attempted to steal approximately £17,000 more.