SME
Blog: Why the BI ruling offers brokers the perfect opportunity to show their mettle
Following the Supreme Court business interruption ruling last week, Jonathan Swift argues brokers need not join their insurer partners in suffering Murder By the Orient Express, but instead play an important role in helping policyholders understand what…
A-Plan to absorb Howden’s UK retail business
More than 100 staff are set to move across as A-Plan is set to become Howden’s retail flagship.
Markerstudy's still in talks for commercial lines capacity deal
Group underwriting director Gary Humphreys says that the provider is speaking with a new carrier after it was forced to go "on hiatus" for new quotes in commercial lines almost a year ago.
SME specialist Ballantyne Brokers launches
Co-founder Ross Ballantyne says there is strong demand for a new broker in the market as "excessive market consolidation" leads to clients becoming disenfranchised.
Partners& teams up with CFC and CPP to launch new cyber offering
Partners& has launched a cyber risk management offering in collaboration with a trio of sector specialists CFC underwriting, CPP Group and Mitigate Cyber.
Insurer QC accuses FCA of "hair splitting wordsmithery” as Supreme Court showdown continues
Insurers and the regulator set out their starkly differing views on the use of trends clauses on day two of the ongoing business interruption test case hearing at the Supreme Court.
Generali develops PI for SMEs
The product is available to UK brokers and aimed at SMEs and the self-employed.
Syndicate 1991 to go into run-off
The Lloyd's syndicate will stop writing business on 31 December in another loss for the liability market.
Opinion: Four cornerstones for resilience
Jaime Swindle discusses key findings from Bravo Group’s latest series of economic-focused white papers and explains how resilience will see brokers through the dark days of winter
SMEs cut back on insurance spend amid Covid-19 financial struggles
Research from Premium Credit shows over half of SMEs have stopped paying for covers including employers' liability and professional indemnity as well as business interruption.
Advisory forum created to help small businesses recover post pandemic
Seven industry figures have joined the forum which was launched by Peach Pi to collaborate on improving relationships with consumers and within the industry.
Blog: The claims lessons to learn from Covid-19
Neill Johnstone of Lorega assesses the impact of the claims experience during coronavirus and outlines what good looks like.
Parametric insurtech FloodFlash targets bigger risks with new launch
Insurtech FloodFlash has launched a new iteration of its parametric commercial flood insurance designed to support risks and portfolios where the flood premium is between £20,000 and £1m annually.
Blog: Has the pandemic strengthened the case for brokers to seek PE deals?
Partnering with private equity may help brokers succeed during what looks set to be a complex, challenging, but potentially rewarding period, argues Andrew Backen, partner, Equistone Partners Europe.
Aston Lark buys PHM
The deal adds around £4m in GWP and sees Aston Lark push further into employee benefits.
Insurers’ QC claims FCA is “forcing a square peg into a round hole” in BI test case
Providers argue regulator’s case doesn’t work because access to premises was not prevented during pandemic as lawyers for Hiscox, Ecclesiastical, MS Amlin, Arch Insurance and Zurich make their submissions.
Insurtech start-up Coverly closes for new business
The SME specialist says existing customers remain covered as it confirms it closed on 17 July.
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.
Pen partners with the police on cyber certification scheme for SMEs
The Gallagher-owned MGA says SMEs who achieve the certification and then buy cyber insurance from Pen through their broker will receive a premium discount.
FCA turns focus to policy intention in Covid-19 BI battle
The regulator's particulars of claim for the test case stated that the defendants’ reasons for wordings are not relevant or admissible.
Insurance Covid-Cast: Insurtech 100 special – Distribution Focus Two with Next Insurance COO Sofya Pogreb and Trov GM Ian Sweeney
In the 24th episode of Post and Insurance Age’s video series we gathered together two start-ups featured in the Insurtech 100, both of which have pivoted from business-to-consumer distribution, to B2B2C.
Mishcon advances on Hiscox and QBE in Covid-19 BI rows
The legal firm is pursuing a £52m claim against Hiscox and planning its own test cases and representing dentists in dispute with QBE.
Insurance Covid-Cast: Insurtech 100 special – 'AI/Data Analytics' with Concirrus’ Andrew Yeoman and Cytora’s Richard Hartley
In the 21st episode of Post and Insurance Age’s video series we gathered together a duo of start-ups featured in the Insurtech 100, both of whom are focused on using AI/data to make insurance companies more efficient.
RSA and Hiscox face new group action in Covid-19 BI legal row
Law firm Edwin Coe is advising two groups of businesses who have had their BI claims rejected by Hiscox and RSA.