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-
FCA improves all broker-impacting authorisation metrics
The Financial Conduct Authority has built on its steady progress in delivering authorisations with an across-the-board improvement in the areas affecting brokers. -
Experts call for vigilance in ever-changing cyber risks landscape
Panellists at the Financial Times Global Insurance Summit yesterday called for more education on and prevention of cyber risks. -
Experts call for vigilance in ever changing cyber risks landscape
Panellists at the Financial Times Global Insurance Summit yesterday called for more education on and prevention of cyber risks. -
Filing pinpoints Arag growth in 2023
Arag boosted the number of risks placed by 3.6% in 2023 to 3.09m, a filing at Companies House has revealed. -
Lloyd’s John Neal: ‘You’ll never find an insurer saying, “I don’t believe in climate change”’
The chief executive on the nature of risk, Trump vs Biden — and what keeps him awake at night -
Allianz and Aviva take top slots in Brokerbility’s insurer partner satisfaction survey
Allianz has been voted in first place by Brokerbility members in its latest poll on service satisfaction from key insurer partners as Aviva topped the rankings in the underwriting category. -
Howden to remain private but IPO not ruled out in future
Howden is “very happy” being private at the moment but could be listed at some point in the future, according to CEO and founder David Howden. -
People Moves: 10 – 14 June 2024
Keep up to date on the latest personnel changes in insurance. -
Mubadala battles to salvage investment in insurance start-up Wefox
Investors split over options that range from deal with rival Ardonagh or putting together new rescue financing -
Swiss Re says industry failed to estimate impact of extreme weather
Global insured losses from natural catastrophes exceeded $100bn for fourth consecutive year in 2023 -
Aviva's Blanc: UK insurance industry needs to start planning for a post-Flood Re world
Amanda Blanc, group CEO at Aviva, claimed the UK must be cautious about what happens in a post-Flood Re world come 2039. -
Aviva chief rejects Labour’s ‘flawed’ view on car insurance pricing
Amanda Blanc says UK party’s promised crackdown on rising premiums would be using a ‘sledgehammer to crack a nut’ -
R&Q ponders liquidation route as Accredited sale to Onex drags on
Accredited owner R&Q Insurance Holdings has confirmed the possibility of filing for a provisional liquidation in Bermuda and then completing the sale of Accredited to Onex through that process. -
Has your insurance premium rocketed?
FT Money wants to hear about increases to your car and home cover -
Jensten buys Chris Knott Insurance Consultants to bolster South East presence
Jensten has bought Chris Knott Insurance Consultants adding 19 staff and an office in Hastings to the group. -
Interview: Sabre CEO Geoff Carter
Sabre boss Geoff Carter tells Insurance Age about the upsides for brokers from its IHP rollout, growing in motorbikes after the collapse of MCE and profitable expansion plans in taxi. -
FCA cancels Northern Ireland broker’s regulatory permission
The Financial Conduct Authority cancelled Down Insurances’ Part 4A permission on 7 June, confirming it “no longer has permission to carry on any regulated activity”. -
Focus partners with Markel for construction binder
Wokingham-based managing general agent Focus Insurance has partnered with Markel for a construction binder. -
Sabre boss Geoff Carter on supporting brokers to compete in an ever more competitive world
Motor specialist Sabre is making “big investments” in insurer hosted pricing with a rollout this year and into 2025 to deploy sophisticated rates into the broker market, CEO Geoff Carter told Insurance Age. -
Biba and Griffiths & Armour renew PI scheme
The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker agreement with Griffiths & Armour for a further three years. -
Aon unveils $350mn war cover scheme for Ukrainian businesses
Insurance plan developed with US agency will help underpin eventual reconstruction effort -
Legal & General’s new chief sets out overhaul of insurer
António Simões to combine some divisions and put group’s housebuilder up for sale -
Blog: Is tech really the solution for underinsurance?
As we move into an even more digital world, with some insurance quotes and policies being completed strictly online, which would better help address underinsurance: re-introducing human contact or using even more new tech? Rosie Simms weighs up the arguments. -
Clear buys credit insurance specialist
The Clear Group has bought the book and assets of Lichfield-based credit insurance specialist Rycroft Associates including Inspire Credit Management. -
Allianz to boost engineering workforce to 800
Allianz Engineering Inspection Services is growing its workforce from 654 to over 800 in the next four years as it targets becoming the biggest engineer surveyor team in the UK. -
Home insurance prices surge a record 41.6% in a year
The average quoted price of home insurance rose by 41.6% in the 12 months to April, surging again to another new record rate for an annual rise. -
Brokers eyeing up expansion in non-standard
More than three quarters (79%) of brokers had an increase in non-standard insurance enquiries over the past year with an identical amount expecting continued growth in the year ahead, according to a survey by Prestige Underwriting. -
CFC launches second carbon insurance solution
CFC has launched its second insurance solution for buyers of voluntary carbon credit, Carbon Cancellation Insurance. -
It’s game over after Axa raised my home insurance price by 70%
via theguardian.comEvery year its renewal goes up by about 20%, then we negotiate. But this year it is playing hardballI have been a customer with Axa home insurance for nearly 10 years and have never made a claim. Every year, when the policy comes up for renewal, Axa plays a game with me: it sends a renewal invitation with a substantially increased price of about 20%. I then call in and we agree a sensible price in line with inflation. This year, however, it seems to want to play hard ball: the renewal quote is a -
Simon Mabb named head of UK regions at AssuredPartners
The new head of UK regions at AssuredPartners has promised a focus on organic growth as he looks to facilitate support and co-operation across the business in the recently created role.
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