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-
Opinion: Peter Hubbard on technology and why brokers need to innovate
The latest innovations in the insurance market are coming from technology experts, insurers and marketing specialists. Brokers need to start embracing the digital revolution too, says Peter Hubbard -
‘It felt like a massive scam’: the minor prangs to cars that lead to huge charges
via theguardian.comReaders tell us insurance premiums soared and vehicles were written off after the cost of claims soaredWant to know why your car insurance premium has doubled in the past two years? Could the apparently bizarre and wasteful way that car insurers pay claims have something to do with it?Guardian Money recently asked readers to describe their experience after they had been involved in minor prangs, and the responses – and the figures quoted – are astonishing. Continue reading... -
Brokers, are you sure you don’t have a D&I problem?
Why is Link – the LGBTQ+ insurance network – at the British Insurance Brokers’ Association Conference next week? Because it wants to support brokers on diversity and inclusion, according to co-chair Maxim Cook and committee member Erik Johnson. -
Ping An cuts HSBC stake days after voting against Quinn’s re-election
via ft.comSale by shareholder comes in wake of bank announcing chief’s exit -
Biba Conference 2024 countdown: Crawford & Company’s Emma Parr
Emma Parr, chief client officer, UK & Ireland at Crawford & Company, will be donning her white trainers, talking claims technology, and catching up with Olympian Derek Redmond at her reception event. -
Transparency, team and targets – Zurich boss David Nichols ready to meet and greet brokers at Biba
One year on from his first British Insurance Brokers’ Association conference in the Zurich hotseat, UK head of retail David Nichols shares his key messages for brokers ahead of the upcoming event in Manchester. -
People Moves: 6 – 10 May 2024
Stay in the loop with the latest insurance personnel moves. -
Arc Legal founder Finan launches Addept Group after buying broker Policywise
Arc Legal Assistance co-founder Richard Finan has returned to the insurance market with a new wholesale business Addept Group, having acquired broker Policywise. -
TBIG increases stake in Hathaway & Cope to 75%
The Broker Investment Group has increased its ownership of Hathaway & Cope, a managing general agent with delegated authority, to 75%. -
Aurora launches policy in partnership with Axa
Managing general agent Aurora has launched its second specialist offering, a management liability policy in partnership with Axa. -
Biba Conference 2024 countdown: Sedgwick’s Mark Gilbert
Mark Gilbert, strategic client director and head of corporate at Sedgwick, teases a shaken, not stirred surprise on its stand, reminisces about playing Steve Davis at pool and describes Biba as the Crufts for insurance. -
Broker Insights launches AI-enabled Propensity Lens
Broker Insights has unveiled a product designed to improve efficiency for insurers by helping to predict the possibility they will win business. -
FCA chair admits surprise at “stern reaction” to name-and-shame proposals
The chair of the Financial Conduct Authority has admitted that it was not expecting such a “stern reaction” to its consultation on its “name-and-shame” proposals. -
Arch expands terrorism insurance solution
Arch Insurance UK regional division has enhanced its standalone terrorism insurance product for businesses across the country, available via its new broker portal. -
EY predicts three years of slowing premium income growth for insurers
EY has forecast UK non-life insurance premium income growth will slow to 7% in 2024, from 8.7% in 2023, dropping again to 5.1% in 2025 and 3.8% in 2026. -
ABI records 3% home premiums rise in Q1
Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers. -
Video Q&A: Close Brothers Premium Finance MD Shaun Hooper
Following a recent survey of commercial brokers, Close Brothers Premium Finance managing director Shaun Hooper dissects the findings and offers insights into what his firm is doing to help intermediary clients avoid underinsurance. -
Partners& launches apprenticeship scheme
Partners& has launched an apprenticeship scheme – named “16 to CEO” – to encourage young people from diverse backgrounds to explore the insurance industry as a viable career. -
Biba Conference 2024 countdown: Charles Taylor’s James Savill
James Savill, head of UK claims management at Charles Taylor, outlines how he tackles Biba like Disney World and that come the end of the evening, all roads usually lead to a curry house. -
JMG seals second deal of the week
JMG Group has bought Hamilton Robertson Insurance Brokers, adding £15m of gross written premium to the business. -
Flood Re raises levy and liability and loss limits
Flood Re has increased the annual insurance industry levy by £25m to £160m from next April, in a string of changes it said were designed to keep flood insurance available and affordable. -
Ardonagh strikes A$2.3bn PSC deal
Ardonagh has signed up to buy Australian-headquartered PSC Insurance Group including its Top 100 UK broker. -
Biba reduces burden for board members after agreeing special resolution
The British Insurance Brokers’ Association (Biba) has recruited some new people to its main board and agreed to changes to make the commitment of those involved with all of its committees less onerous, including fewer meetings. -
Cost-of-living crisis pushes up premium finance demand
New research has found almost 60% of UK brokers agreed the proportion of commercial lines clients choosing premium finance to pay for their insurance will increase over the next 12 months. Rachel Gordon reports -
Biba Conference 2024 countdown: RSA’s Steve Scott
Steve Scott, regional director at RSA Insurance, explains why he’ll be moving between two stands, the irony of listening to James’ ‘Sit Down’ and the importance of partnerships in tackling the challenges ahead. -
Casper adds Chaucer and TMK as capacity backers
Casualty-focused managing general agent Casper Specialty UK has secured capacity from Chaucer and TMK as it enters its second year of trading. -
JMG adds SIA and subsidiary Evergreen to stable
JMG Group has expanded its footprint in the South with the acquisition of Surrey-based insurance broker SIA Insurance. -
Acrisure expands in southern England with two buys
Acrisure has snapped up two brokers backing Sutton Winson to boost its presence in southern England. -
Flock partners with Acorn on taxi fleet insurance product
Insurtech Flock has partnered with the Acorn Group to launch a taxi fleet insurance product in an aim to make the world “quantifiably safer” by helping customers reduce risk, CEO of Flock Ed Leon Klinger told Insurance Age. -
It is right that reinsurers are finding it harder to fly under the radar
via ft.comIndustry plays vital role in spreading risk but the business model is changing
Follow @Insurance_UKnws on Twitter!