Travel insurance
Biba supports FCA travel insurance review delay as directory enquiries double
The British Insurance Brokers’ Association has backed the Financial Conduct Authority’s decision to delay a review into travel insurance signposting for medically vulnerable customers by a year.
FCA delays travel insurance signposting review
The Financial Conduct Authority has delayed its review into the implementation of travel insurance signposting rules by a year.
CPP Group UK buys travel specialist Alpha Underwriting
The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.
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.
Saga takes pricing director from WTW
Graham Wright joins from Willis Towers Watson where he is currently a senior director.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
AllClear Travel Insurance buys InsureandGo
The deal doubles the size of AllClear’s UK travel proposition.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
Jackson Lee launches business travel scheme
The MGA revealed that the new policy, which includes a Covid-19 cancellation feature, allows brokers to build flexible, customised travel cover for clients.
Admiral profit soars by 76% in first half of 2021
COR improved to 75.2%, while its lockdown rebate cost the provider £21.1m during the six-month period.
TIF Group confirms travel insurance sales hiatus
MGA says existing customers are unaffected after insurer URV "temporarily paused new sales".
Blog: Why travel insurance is more important than ever
Jackson Lee Underwriting's Dipesh Patel discusses how Covid-19 has highlighted the importance of using a broker and how brokers can help clients as international travel quotations pick up again.
Travel specialist Staysure moves into pet market
The broker launched Petsure which is designed to provide cover for cats and dogs regardless of pre-existing medical conditions.
News analysis: Travel brokers and the challenges of Covid-19
As travel slowly starts to pick up again, Rachel Gordon investigates how specialist travel brokers have coped during the past 16 months of turmoil for this exclusive report.
Travel broker Staysure buys Rock Insurance Group
Rock will continue to be managed as a standalone business under the leadership of MD Antony Martin.
Biba enhances travel scheme cover
A Covid-19 extension has been added for vaccinated people travelling to certain countries.
Jensten buys Tasker
Deal includes Tasker Insurance Brokers, Tasker & Partners, and Gresham Underwriting and brings £50m GWP to Jensten.
Jackson Lee takes over Biba holiday travel scheme
The trade body previously partnered with DTW Syndicate 1991, which went into run-off at the end of last year, on the scheme.
What the FCA travel rules mean for brokers
The new rules that affect travel insurance providers come into force on Monday, 26 April.
Interview: A niche focus
Insurance Age meets the team at specialist managing general agent Avid Insurance.
Rock develops underwriting agency to target brokers
Tigon focuses on travel and Covid-19 cancellation cover as Rock seeks to diversify.
Biba Travel Medical Insurance Directory approved by FCA
The document has been designed to help brokers comply with regulatory obligations.
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.