SME
In Person: Simon Cooter and Carolyn Callan, Covéa
On the 1st May Simon Cooter effectively handed over the commercial and high net worth director baton at Covea to Carolyn Callan and became in his words ‘minister without portfolio’. At last week’s British Insurance Brokers’ Association Conference…
Cyber MGA start-up Bewica targets brokers with portal launch and API offering
Cyber specialist managing general agent Bewica is targeting brokers with a suite of tools including risk assessment and reporting tool
Axa CEO admits simplification strategy could lead to more redundancies
Provider recently put 106 roles at risk.
Report stresses importance of broker advice on cyber cover
Research reveals nearly a third of UK businesses have experienced security breaches or attacks in the past year.
Ageas adds broker-facing team of regional underwriting managers
Provider says it aims to build stronger relationships with brokers and grow its commercial lines business.
Zurich UK launches broker trading platform
Insurer says it has also examined and improved all of its SME policies.
News analysis: What next at Aon?
Following the news that Aon had pulled out of takeover talks with Willis Towers Watson, speculation is rising about what the broking giant could do instead
The growing use of credit to buy insurance
New research by Premium Credit reveals the insurance intermediary market anticipates consumers will use credit more this year when buying insurance.
Ageas teams up with Darwin Clayton in £45m deal
The arrangement extends the firms' existing partnership by five years.
NatWest unveils virtual account platform for businesses
Bank says the platform will aid regulated professions including insurance.
Broker distribution could be powerful for us, says Neos’ Matt Poll
Connected home provider is working with Aviva to create a home proposition for brokers, following the insurer taking majority stake in the InsurTech start-up.
Blog: Brokers need to seize the opportunities in cyber
Michael Whitfield from CPP UK discusses why brokers should be moving cyber risk up the agenda for their SME customers.
Axa puts 106 roles at risk
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
FCA increases Financial Ombudsman Service compensation limit to £350,000
The change will see the limit go up from £150,000 from 1 April and could keep going up annually.
PIB Group expands into Ireland
The business now has an Irish base following the acquisition of Optis Insurance as PIB prepares for Brexit.
UK insurance industry paid out £55bn in 2017
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
New whitepaper advises on how to future proof your scheme business
Insurance Age and Axa release the third in a series of whitepapers to help brokers and MGAs launch and manage schemes and delegated authorities.
Helen Bryant to lead on SME and corporate partnerships at Allianz as David Martin departs
Martin leaving for Zurich to become MD of UK retail business.
The Blog Spot: Did you spot Amanda Blanc's first big move at Zurich?
Is the appointment of David Martin from Allianz the first pointer of what brokers can expect from Amanda Blanc's Zurich?
Zurich takes David Martin from Allianz
Martin set to join the provider as retail MD in 2019.
Insurance Rage: Allianz's David Martin on underinsurance among SMEs
The insurer's director of SME and corporate partnerships implores brokers to tackle the problem.
FCA grants more SMEs access to FOS
Regulator also consulting on raising maximum compensation limit to £350,000.
InsurTech Futures: Equipsme teams up with Konsileo
Broker to sell Equipsme’s healthcare product.
Livingbridge buys into Equipsme
Healthcare MGA secures £2m of funding.