Insurer – insuranceage.co.uk
Insurer - insuranceage.co.uk https://www.insuranceage.co.uk/feeds/rss/category/insurer en-gb Insurtech and ESG suggested to be FCA’s next regulatory focus Compliance experts at the Managing General Agents' Association conference, on 29 June, have suggested insurtech and ESG as the next areas for regulatory focus by the Financial Conduct Authority. https://www.insuranceage.co.uk/voices/7949176/insurtech-and-esg-suggested-to-be-fcas-next-regulatory-focus https://www.insuranceage.co.uk/voices/7949176/insurtech-and-esg-suggested-to-be-fcas-next-regulatory-focus Thu, 30 Jun 2022 16:40:33 +0100 Allianz partners with Coalition on UK cyber insurance US based cyber insurance provider Coalition is entering the UK market after partnering with Allianz. https://www.insuranceage.co.uk/insight/7949181/allianz-partners-with-coalition-on-uk-cyber-insurance https://www.insuranceage.co.uk/insight/7949181/allianz-partners-with-coalition-on-uk-cyber-insurance Thu, 30 Jun 2022 14:05:20 +0100 Football clubs step up BI court case against insurers A group of professional football clubs has set out its demand for multiple business interruption payments having kicked off a High Court multi-million pound Covid-19 related legal case last month. https://www.insuranceage.co.uk/insight/7949166/football-clubs-step-up-bi-court-case-against-insurers https://www.insuranceage.co.uk/insight/7949166/football-clubs-step-up-bi-court-case-against-insurers Thu, 30 Jun 2022 12:18:10 +0100 Folgate Insurance appoints Ian Russell as CEO Ian Russell has been appointed group CEO of Folgate Insurance with effect from 1 July 2022 and will succeed Brian Russell. https://www.insuranceage.co.uk/people/7949161/folgate-insurance-appoints-ian-russell-as-ceo https://www.insuranceage.co.uk/people/7949161/folgate-insurance-appoints-ian-russell-as-ceo Thu, 30 Jun 2022 12:06:47 +0100 David Howden calls for better self-regulation across insurance CEO of Howden Group, David Howden, has insisted MGAs, underwriters and brokers must work harder on self-regulation and call out bad behaviour when they see it. https://www.insuranceage.co.uk/insurer/7949126/david-howden-calls-for-better-self-regulation-across-insurance https://www.insuranceage.co.uk/insurer/7949126/david-howden-calls-for-better-self-regulation-across-insurance Thu, 30 Jun 2022 11:15:12 +0100 Drop in insurance complaints at FOS The Financial Ombudsman Service has revealed a 26% fall in insurance complaints for 2021/22. https://www.insuranceage.co.uk/insight/7949106/drop-in-insurance-complaints-at-fos https://www.insuranceage.co.uk/insight/7949106/drop-in-insurance-complaints-at-fos Wed, 29 Jun 2022 10:36:02 +0100 CII seeks rising stars of insurance The Chartered Insurance Institute is seeking up-and-coming insurance professionals to join the body’s flagship talent programme: the New Generation Group. https://www.insuranceage.co.uk/people/7949101/cii-seeks-rising-stars-of-insurance https://www.insuranceage.co.uk/people/7949101/cii-seeks-rising-stars-of-insurance Wed, 29 Jun 2022 10:04:43 +0100 Primary Group appoints advisors for possible £1bn QMetric sale – report Primary Group has taken on Perella Weinberg Partners to explore a potential £1bn sale of Policy Expert’s parent company QMetric, Bloomberg has reported. https://www.insuranceage.co.uk/insight/7949076/primary-group-appoints-advisors-for-possible-ps1bn-qmetric-sale-report https://www.insuranceage.co.uk/insight/7949076/primary-group-appoints-advisors-for-possible-ps1bn-qmetric-sale-report Tue, 28 Jun 2022 16:40:18 +0100 Hiscox names Flaquet as group COO Hiscox has appointed Stéphane Flaquet to the newly created role of group chief operating officer. https://www.insuranceage.co.uk/insurer/7949071/hiscox-names-flaquet-as-group-coo https://www.insuranceage.co.uk/insurer/7949071/hiscox-names-flaquet-as-group-coo Tue, 28 Jun 2022 15:47:40 +0100 Rishi Sunak flags speedy reform for Solvency II rules The Chancellor of the Exchequer Rishi Sunak told insurance executives at a meeting on Monday that Britain wants to reform its insurer solvency rules quickly. https://www.insuranceage.co.uk/insurer/7949061/rishi-sunak-flags-speedy-reform-for-solvency-ii-rules https://www.insuranceage.co.uk/insurer/7949061/rishi-sunak-flags-speedy-reform-for-solvency-ii-rules Tue, 28 Jun 2022 13:01:58 +0100 Acrisure targets SME brokers in M&A drive Acrisure is set to target SME brokers in the UK and Ireland, following its Russell Scanlan buy, as it moves forward with its M&A strategy according to president, Mark McIlquham https://www.insuranceage.co.uk/insurer/7949021/acrisure-targets-sme-brokers-in-ma-drive https://www.insuranceage.co.uk/insurer/7949021/acrisure-targets-sme-brokers-in-ma-drive Tue, 28 Jun 2022 11:28:15 +0100 Blog: Firms need to safeguard employee mental health and their own liability Plexus Law’s Carl McGuire assesses the steps employers can take concerning occupational health claims arising from issues such as stress, workload and discrimination. https://www.insuranceage.co.uk/insight/7949011/blog-firms-need-to-safeguard-employee-mental-health-and-their-own-liability https://www.insuranceage.co.uk/insight/7949011/blog-firms-need-to-safeguard-employee-mental-health-and-their-own-liability Tue, 28 Jun 2022 10:44:44 +0100 GRP expands in Wales with Prescott Jones buy Global Risk Partners has bought Swansea-based Prescott Jones for an undisclosed sum. https://www.insuranceage.co.uk/insurer/7948996/grp-expands-in-wales-with-prescott-jones-buy https://www.insuranceage.co.uk/insurer/7948996/grp-expands-in-wales-with-prescott-jones-buy Mon, 27 Jun 2022 10:55:46 +0100 MGA Fusion Specialty expands in UK SME focused M&A and financial lines specialist managing general agent Fusion Specialty has launched Fusion Specialty UK. https://www.insuranceage.co.uk/insight/7948991/mga-fusion-specialty-expands-in-uk https://www.insuranceage.co.uk/insight/7948991/mga-fusion-specialty-expands-in-uk Mon, 27 Jun 2022 10:24:19 +0100 Amanda Blanc says she feels “responsible” for addressing industry sexism Aviva CEO, Amanda Blanc, has spoken on Women’s Hour this week to say she felt compelled to address sexist incidents as one of only nine female FTSE 100 CEOs. https://www.insuranceage.co.uk/insurer/7948961/amanda-blanc-says-she-feels-responsible-for-addressing-industry-sexism https://www.insuranceage.co.uk/insurer/7948961/amanda-blanc-says-she-feels-responsible-for-addressing-industry-sexism Fri, 24 Jun 2022 15:55:40 +0100 Igo4 pledges to go Net Zero by 2050 Igo4 has signed up to the Science Based Targets Initiative committing to a 46% reduction in greenhouse gas emissions by 2030 and to become Net Zero by 2050. https://www.insuranceage.co.uk/insurer/7948951/igo4-pledges-to-go-net-zero-by-2050 https://www.insuranceage.co.uk/insurer/7948951/igo4-pledges-to-go-net-zero-by-2050 Fri, 24 Jun 2022 15:55:15 +0100 30 minutes with: Axa’s Alan Scott Alan Scott, director of retail intermediary, discusses how it has been a challenging yet exciting start to the year with new pricing and regulation rules and says it’s a time for brokers to stand out and differentiate themselves. https://www.insuranceage.co.uk/voices/7948946/30-minutes-with-axas-alan-scott https://www.insuranceage.co.uk/voices/7948946/30-minutes-with-axas-alan-scott Fri, 24 Jun 2022 12:14:41 +0100 People Moves: 20-24 June 2022 Stay informed of the top personnel changes in insurance. https://www.insuranceage.co.uk/people/7948701/people-moves-20-24-june-2022 https://www.insuranceage.co.uk/people/7948701/people-moves-20-24-june-2022 Fri, 24 Jun 2022 09:35:50 +0100 Amicus hits £22m in GWP and sets sights on M&A Amicus CEO, Adam Scott, has told Insurance Age that the broker is looking to do deals as it aims to become the largest construction waste broker in the UK, following last year's MBO which was supported by Shawbrook Bank. https://www.insuranceage.co.uk/voices/7948891/amicus-hits-ps22m-in-gwp-and-sets-sights-on-ma https://www.insuranceage.co.uk/voices/7948891/amicus-hits-ps22m-in-gwp-and-sets-sights-on-ma Thu, 23 Jun 2022 12:54:29 +0100 FCA warned on nearly 2000 potential scams in 2021/22 The Financial Conduct Authority added 1966 possible scams to its consumer warning list between May 2021 and April 2022 the watchdog has confirmed as it updated on the progress of its data strategy. https://www.insuranceage.co.uk/insight/7948876/fca-warned-on-nearly-2000-potential-scams-in-202122 https://www.insuranceage.co.uk/insight/7948876/fca-warned-on-nearly-2000-potential-scams-in-202122 Thu, 23 Jun 2022 11:50:21 +0100 Nexus Underwriting unveils financial lines division Managing general agent Nexus Underwriting has launched Nexus Frontier. https://www.insuranceage.co.uk/insight/7948871/nexus-underwriting-unveils-financial-lines-division https://www.insuranceage.co.uk/insight/7948871/nexus-underwriting-unveils-financial-lines-division Thu, 23 Jun 2022 10:13:08 +0100 Acrisure plants flag in UK with Russell Scanlan buy US-based Acrisure has moved further into the UK market and bought Nottinghamshire-based Russell Scanlan for an undisclosed sum. https://www.insuranceage.co.uk/insurer/7948801/acrisure-plants-flag-in-uk-with-russell-scanlan-buy https://www.insuranceage.co.uk/insurer/7948801/acrisure-plants-flag-in-uk-with-russell-scanlan-buy Wed, 22 Jun 2022 15:51:10 +0100 Greggs ups events in Zurich BI £150m court case claim Food retailer Greggs has boosted the number of events cited in its £150m Covid-19 business interruption legal case against Zurich. https://www.insuranceage.co.uk/insight/7948816/greggs-ups-events-in-zurich-bi-ps150m-court-case-claim https://www.insuranceage.co.uk/insight/7948816/greggs-ups-events-in-zurich-bi-ps150m-court-case-claim Wed, 22 Jun 2022 13:15:31 +0100 ERS widens appetite on car offering with digital expansion Motor provider ERS has developed its digital offering and is set to add its manually-traded Prestige and Enthusiast products to its e-trade proposition as it seeks to make them more accessible to brokers. https://www.insuranceage.co.uk/products/7948796/ers-widens-appetite-on-car-offering-with-digital-expansion https://www.insuranceage.co.uk/products/7948796/ers-widens-appetite-on-car-offering-with-digital-expansion Wed, 22 Jun 2022 10:24:09 +0100 Blog: Don’t under-rate rated As economic pressure mounts on customers, brokers must beware the temptation to seek out unrated capacity Arc Legal Group's Tim Mullin argues. https://www.insuranceage.co.uk/broker/7948761/blog-dont-under-rate-rated https://www.insuranceage.co.uk/broker/7948761/blog-dont-under-rate-rated Wed, 22 Jun 2022 09:32:35 +0100 James Hands to take over from Greg Collins as CEO at Miller James Hands will succeed Greg Collins as Miller CEO, the broker has confirmed. https://www.insuranceage.co.uk/people/7948756/james-hands-to-take-over-from-greg-collins-as-ceo-at-miller https://www.insuranceage.co.uk/people/7948756/james-hands-to-take-over-from-greg-collins-as-ceo-at-miller Tue, 21 Jun 2022 13:01:08 +0100 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. https://www.insuranceage.co.uk/insight/7948751/biba-supports-fca-travel-insurance-review-delay-as-directory-enquiries-double https://www.insuranceage.co.uk/insight/7948751/biba-supports-fca-travel-insurance-review-delay-as-directory-enquiries-double Tue, 21 Jun 2022 11:36:07 +0100 Ageas adds Neil Mercier as head of standard motor Neil Mercier has been appointed as head of standard motor at Ageas as it seeks to consolidate its position in the personal lines space. https://www.insuranceage.co.uk/insurer/7948696/ageas-adds-neil-mercier-as-head-of-standard-motor https://www.insuranceage.co.uk/insurer/7948696/ageas-adds-neil-mercier-as-head-of-standard-motor Mon, 20 Jun 2022 13:01:37 +0100 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. https://www.insuranceage.co.uk/insight/7948671/fca-delays-travel-insurance-signposting-review https://www.insuranceage.co.uk/insight/7948671/fca-delays-travel-insurance-signposting-review Mon, 20 Jun 2022 10:52:03 +0100 News analysis: What does the end of the Production & TV Restart insurance scheme mean? Fiona Nicolson finds out what the end of the PRS insurance support programme means for the TV and insurance sectors and asks if the show can go on following the withdrawal of government support at the end of this month. https://www.insuranceage.co.uk/broker/7948486/news-analysis-what-does-the-end-of-the-production-tv-restart-insurance-scheme-mean https://www.insuranceage.co.uk/broker/7948486/news-analysis-what-does-the-end-of-the-production-tv-restart-insurance-scheme-mean Fri, 17 Jun 2022 12:18:25 +0100 ESG round-up - June 2022 The latest in environmental and social governance featuring Partners&, Kew Insurance, Aviva and Allianz. https://www.insuranceage.co.uk/insight/7947471/esg-round-up-june-2022 https://www.insuranceage.co.uk/insight/7947471/esg-round-up-june-2022 Fri, 17 Jun 2022 09:55:33 +0100 Backpage: June 2022 Meet our pet of the month, take a look at the lighter side of the market, and learn how the sector has been supporting communities with charity initiatives. https://www.insuranceage.co.uk/insight/7947791/backpage-june-2022 https://www.insuranceage.co.uk/insight/7947791/backpage-june-2022 Fri, 17 Jun 2022 09:50:09 +0100 Covéa returns to profit in 2021 Covéa Insurance has reported post-tax profit of £7.9m in 2021 reversing the loss of £30.8m the previous year. https://www.insuranceage.co.uk/insight/7948616/covea-returns-to-profit-in-2021 https://www.insuranceage.co.uk/insight/7948616/covea-returns-to-profit-in-2021 Thu, 16 Jun 2022 15:56:32 +0100 Beazley launches D&O solution for crypto companies Beazley has unveiled CryptoGuard, directors’ & officers’ liability insurance tailored specifically for crypto companies. https://www.insuranceage.co.uk/insight/7948601/beazley-launches-do-solution-for-crypto-companies https://www.insuranceage.co.uk/insight/7948601/beazley-launches-do-solution-for-crypto-companies Thu, 16 Jun 2022 11:17:14 +0100 Stuart Reid joins Harbour Underwriting as NED Former Bluefin and Gallagher boss Stuart Reid has joined commercial dispute insurance specialist Harbour Underwriting as a non-executive director, Insurance Age can reveal. https://www.insuranceage.co.uk/insight/7948581/stuart-reid-joins-harbour-underwriting-as-ned https://www.insuranceage.co.uk/insight/7948581/stuart-reid-joins-harbour-underwriting-as-ned Wed, 15 Jun 2022 16:20:19 +0100 Pine Walk launches political and non-payment risks MGA Fidelis-backed Pine Walk has launched its seventh MGA Pernix which will be led by CEO Kade Spears and chief underwriting officer Caroline Coulson. https://www.insuranceage.co.uk/insurer/7948576/pine-walk-launches-political-and-non-payment-risks-mga https://www.insuranceage.co.uk/insurer/7948576/pine-walk-launches-political-and-non-payment-risks-mga Wed, 15 Jun 2022 14:24:32 +0100 IFB reveals new ‘crash for cash’ hotspots across UK The Insurance Fraud Bureau has detailed the top 10 new areas targeted by ‘crash for cash’ gangs as it warned drivers to be vigilant of the scam. https://www.insuranceage.co.uk/insight/7948561/ifb-reveals-new-crash-for-cash-hotspots-across-uk https://www.insuranceage.co.uk/insight/7948561/ifb-reveals-new-crash-for-cash-hotspots-across-uk Wed, 15 Jun 2022 10:37:39 +0100 Ex-Axa leader David Williams joins Humn David Williams has joined commercial motor insurtech Humn as a non-executive director. https://www.insuranceage.co.uk/people/7948526/ex-axa-leader-david-williams-joins-humn https://www.insuranceage.co.uk/people/7948526/ex-axa-leader-david-williams-joins-humn Tue, 14 Jun 2022 16:05:18 +0100 People Moves: 13 - 17 June 2022 Stay informed on the top personnel changes in the insurance space. https://www.insuranceage.co.uk/people/7948466/people-moves-13-17-june-2022 https://www.insuranceage.co.uk/people/7948466/people-moves-13-17-june-2022 Tue, 14 Jun 2022 15:25:43 +0100 FCA warns on areas of harm in wholesale market The Financial Conduct Authority has zoned in on wholesalers, MGAs, the London Market and consolidators and warned that firms have “not fully embraced its key messages” around product oversight or firm culture and purpose. https://www.insuranceage.co.uk/insight/7948516/fca-warns-on-areas-of-harm-in-wholesale-market https://www.insuranceage.co.uk/insight/7948516/fca-warns-on-areas-of-harm-in-wholesale-market Tue, 14 Jun 2022 10:23:17 +0100 The Stats: Q1 2022 - Cost of commercial cover continues to climb Recent figures from the Acturis Commercial Lines Index shows business insurance remains on a relentless upward trajectory. Rachel Gordon reports https://www.insuranceage.co.uk/insight/7947836/the-stats-q1-2022-cost-of-commercial-cover-continues-to-climb https://www.insuranceage.co.uk/insight/7947836/the-stats-q1-2022-cost-of-commercial-cover-continues-to-climb Tue, 14 Jun 2022 09:35:49 +0100 In Depth: The impact of flooding on HNW clients Sam Barrett examines the future for flood insurance in the high-net-worth space https://www.insuranceage.co.uk/insurer/7947906/in-depth-the-impact-of-flooding-on-hnw-clients https://www.insuranceage.co.uk/insurer/7947906/in-depth-the-impact-of-flooding-on-hnw-clients Mon, 13 Jun 2022 15:00:00 +0100 In Depth: Developing the HNW market for electric vehicles What are the insurance requirements for HNW electric vehicles and how is the industry responding? Sam Barrett investigates. https://www.insuranceage.co.uk/insurer/7947901/in-depth-developing-the-hnw-market-for-electric-vehicles https://www.insuranceage.co.uk/insurer/7947901/in-depth-developing-the-hnw-market-for-electric-vehicles Mon, 13 Jun 2022 09:41:38 +0100 Opinion: Growing together, serving together Mike Keating reflects on how brokers can get the best from their relationships with MGAs. https://www.insuranceage.co.uk/voices/7947261/opinion-growing-together-serving-together https://www.insuranceage.co.uk/voices/7947261/opinion-growing-together-serving-together Mon, 13 Jun 2022 09:23:51 +0100 LV adds Sam Dansey to lead home underwriting LV has appointed Sam Dansey to head up its home underwriting team joining from Flood Re, Insurance Age can reveal. https://www.insuranceage.co.uk/insight/7948431/lv-adds-sam-dansey-to-lead-home-underwriting https://www.insuranceage.co.uk/insight/7948431/lv-adds-sam-dansey-to-lead-home-underwriting Fri, 10 Jun 2022 11:31:24 +0100 Top 5: Most read on Insurance Hound in April and May 2022 Whitepapers from Insurance Post, Ansvar, AX, LexisNexis and SAS were most popular during the period. https://www.insuranceage.co.uk/broker/7948426/top-5-most-read-on-insurance-hound-in-april-and-may-2022 https://www.insuranceage.co.uk/broker/7948426/top-5-most-read-on-insurance-hound-in-april-and-may-2022 Fri, 10 Jun 2022 10:52:44 +0100 FloodFlash stakes claim for 'smart quote' as "paradigm shift" in mass market parametrics FloodFlash has released 'smart quote' in its biggest update to its broker platform since launching in 2019. https://www.insuranceage.co.uk/broker/7948386/floodflash-stakes-claim-for-smart-quote-as-paradigm-shift-in-mass-market-parametrics https://www.insuranceage.co.uk/broker/7948386/floodflash-stakes-claim-for-smart-quote-as-paradigm-shift-in-mass-market-parametrics Fri, 10 Jun 2022 10:39:34 +0100 People Moves: 6 - 10 June 2022 Keep up-to-date with the latest job changes in insurance. https://www.insuranceage.co.uk/people/7948261/people-moves-6-10-june-2022 https://www.insuranceage.co.uk/people/7948261/people-moves-6-10-june-2022 Fri, 10 Jun 2022 10:04:05 +0100 Burns and Wilcox eyes £60m-£65m in GWP The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick. https://www.insuranceage.co.uk/broker/7948341/burns-and-wilcox-eyes-ps60m-ps65m-in-gwp https://www.insuranceage.co.uk/broker/7948341/burns-and-wilcox-eyes-ps60m-ps65m-in-gwp Thu, 09 Jun 2022 10:36:31 +0100 MGAA creates technical services manager role The Managing General Agents' Association has appointed Tim Richards to the newly created position of technical services manager which has been developed to boost the trade body's growth strategy. https://www.insuranceage.co.uk/people/7948371/mgaa-creates-technical-services-manager-role https://www.insuranceage.co.uk/people/7948371/mgaa-creates-technical-services-manager-role Thu, 09 Jun 2022 10:08:48 +0100