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en-gbInsurtech and ESG suggested to be FCA’s next regulatory focusCompliance 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-focusThu, 30 Jun 2022 16:40:33 +0100Allianz partners with Coalition on UK cyber insuranceUS 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-insuranceThu, 30 Jun 2022 14:05:20 +0100Football clubs step up BI court case against insurersA 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-insurersThu, 30 Jun 2022 12:18:10 +0100Folgate Insurance appoints Ian Russell as CEOIan 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-ceoThu, 30 Jun 2022 12:06:47 +0100David Howden calls for better self-regulation across insuranceCEO 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-insuranceThu, 30 Jun 2022 11:15:12 +0100Drop in insurance complaints at FOSThe 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-fosWed, 29 Jun 2022 10:36:02 +0100CII seeks rising stars of insuranceThe 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-insuranceWed, 29 Jun 2022 10:04:43 +0100Primary Group appoints advisors for possible £1bn QMetric sale – reportPrimary 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-reportTue, 28 Jun 2022 16:40:18 +0100Hiscox names Flaquet as group COOHiscox 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-cooTue, 28 Jun 2022 15:47:40 +0100Rishi Sunak flags speedy reform for Solvency II rulesThe 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-rulesTue, 28 Jun 2022 13:01:58 +0100Acrisure targets SME brokers in M&A driveAcrisure 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-driveTue, 28 Jun 2022 11:28:15 +0100Blog: Firms need to safeguard employee mental health and their own liabilityPlexus 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-liabilityTue, 28 Jun 2022 10:44:44 +0100GRP expands in Wales with Prescott Jones buyGlobal 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-buyMon, 27 Jun 2022 10:55:46 +0100MGA Fusion Specialty expands in UKSME 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-ukMon, 27 Jun 2022 10:24:19 +0100Amanda Blanc says she feels “responsible” for addressing industry sexismAviva 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-sexismFri, 24 Jun 2022 15:55:40 +0100Igo4 pledges to go Net Zero by 2050Igo4 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-2050Fri, 24 Jun 2022 15:55:15 +010030 minutes with: Axa’s Alan ScottAlan 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-scottFri, 24 Jun 2022 12:14:41 +0100People Moves: 20-24 June 2022Stay 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-2022Fri, 24 Jun 2022 09:35:50 +0100Amicus hits £22m in GWP and sets sights on M&AAmicus 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-maThu, 23 Jun 2022 12:54:29 +0100FCA warned on nearly 2000 potential scams in 2021/22The 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-202122Thu, 23 Jun 2022 11:50:21 +0100Nexus Underwriting unveils financial lines divisionManaging 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-divisionThu, 23 Jun 2022 10:13:08 +0100Acrisure plants flag in UK with Russell Scanlan buyUS-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-buyWed, 22 Jun 2022 15:51:10 +0100Greggs ups events in Zurich BI £150m court case claimFood 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-claimWed, 22 Jun 2022 13:15:31 +0100ERS widens appetite on car offering with digital expansionMotor 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-expansionWed, 22 Jun 2022 10:24:09 +0100Blog: Don’t under-rate ratedAs 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-ratedWed, 22 Jun 2022 09:32:35 +0100James 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-millerTue, 21 Jun 2022 13:01:08 +0100Biba supports FCA travel insurance review delay as directory enquiries doubleThe 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-doubleTue, 21 Jun 2022 11:36:07 +0100Ageas adds Neil Mercier as head of standard motorNeil 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-motorMon, 20 Jun 2022 13:01:37 +0100FCA delays travel insurance signposting reviewThe 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-reviewMon, 20 Jun 2022 10:52:03 +0100News 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-meanFri, 17 Jun 2022 12:18:25 +0100ESG round-up - June 2022The 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-2022Fri, 17 Jun 2022 09:55:33 +0100Backpage: June 2022Meet 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-2022Fri, 17 Jun 2022 09:50:09 +0100Covéa returns to profit in 2021Covéa 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-2021Thu, 16 Jun 2022 15:56:32 +0100Beazley launches D&O solution for crypto companiesBeazley 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-companiesThu, 16 Jun 2022 11:17:14 +0100Stuart Reid joins Harbour Underwriting as NEDFormer 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-nedWed, 15 Jun 2022 16:20:19 +0100Pine Walk launches political and non-payment risks MGAFidelis-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-mgaWed, 15 Jun 2022 14:24:32 +0100IFB reveals new ‘crash for cash’ hotspots across UKThe 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-ukWed, 15 Jun 2022 10:37:39 +0100Ex-Axa leader David Williams joins HumnDavid 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-humnTue, 14 Jun 2022 16:05:18 +0100People Moves: 13 - 17 June 2022Stay 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-2022Tue, 14 Jun 2022 15:25:43 +0100FCA warns on areas of harm in wholesale marketThe 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-marketTue, 14 Jun 2022 10:23:17 +0100The Stats: Q1 2022 - Cost of commercial cover continues to climbRecent 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-climbTue, 14 Jun 2022 09:35:49 +0100In Depth: The impact of flooding on HNW clientsSam 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-clientsMon, 13 Jun 2022 15:00:00 +0100In Depth: Developing the HNW market for electric vehiclesWhat 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-vehiclesMon, 13 Jun 2022 09:41:38 +0100Opinion: Growing together, serving togetherMike 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-togetherMon, 13 Jun 2022 09:23:51 +0100LV adds Sam Dansey to lead home underwritingLV 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-underwritingFri, 10 Jun 2022 11:31:24 +0100Top 5: Most read on Insurance Hound in April and May 2022Whitepapers 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-2022Fri, 10 Jun 2022 10:52:44 +0100FloodFlash stakes claim for 'smart quote' as "paradigm shift" in mass market parametricsFloodFlash 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-parametricsFri, 10 Jun 2022 10:39:34 +0100People Moves: 6 - 10 June 2022Keep 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-2022Fri, 10 Jun 2022 10:04:05 +0100Burns and Wilcox eyes £60m-£65m in GWPThe 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-gwpThu, 09 Jun 2022 10:36:31 +0100MGAA creates technical services manager roleThe 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-roleThu, 09 Jun 2022 10:08:48 +0100
