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-
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. -
Sompo targets mid-market tech with modular offering
Sompo has launched a modular product for mid-market UK clients aimed at technology and telecoms service providers, plus electronic product manufacturers and assemblers. -
Brown & Brown promotes Callan to retail CEO
Brown & Brown Europe has appointed Carolyn Callan as CEO for UK retail, just over a week after Insurance Age revealed the departure of Duncan Carter. -
Marginal improvement but still only one-third of brokers have net zero plan
Only 35% of brokers have a plan to achieve net zero emissions, and/or are already implementing one, according to research by Aviva. -
Reminder – The 2024 UK Broker Awards deadline is 7 June
With a deadline of 7 June you have just over a week left to get your entries in for the 2024 UK Broker Awards. -
NSM to buy AllClear owner
NSM Insurance has signed up to buy InsurEvo Group, including AllClear Insurance, InsureandGo and JustCover, from Synova. -
Aviva confirms Karen Dayal as commercial lines CUO
Aviva has named Karen Dayal as chief underwriting officer for commercial lines reporting to UK and Ireland GI CEO, Jason Storah. -
Ansvar launches care and welfare insurance policy
Ansvar Insurance has launched a care and welfare insurance policy with customisable cover options. -
SRG drives into motorsport with Allianz hire
Specialist Risk Group’s managing general agent, MX, is on the starting grid for the launch of a specialist motorsport underwriting offering, and has added a new leader. -
Beaven promoted to group MD at Academy, Mountifield joins as COO
Academy Insurance has promoted Richard Beaven to the newly created role of group managing director, with Nick Mountifield joining from PIB as group chief operating officer to succeed him. -
Ripe targets three new products this year - CEO Williams
Insurtech broker Ripe is looking to launch another three products this year, possibly four if it can “squeeze one through the door” at the end, according to CEO Paul Williams. -
Only one in ten consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers. -
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers. -
Ex-broker Bartleet seeking election as MP wants industry recognised for its value
The former CEO and owner of Erskine Murray Insurance Brokers, Tom Bartleet, see similarities between politics and broking, as he runs for the Liberal Democrats in the upcoming election. -
Ecclesiastical aims to help brokers with Independent Schools Risk Barometer
Ecclesiastical has launched The Independent Schools Risk Barometer 2024 to help brokers talk to clients in the sector about the biggest risks they face. -
Insurer Saga has taken four months to repair my parents’ car
via theguardian.comIt was hit by an uninsured driver after they bought it to accommodate a wheelchair for my disabled motherMy parents’ car was hit by an uninsured driver. They were taken to hospital but suffered no serious injuries. The repair was being organised by their insurer, Saga, but four months later they are still waiting for the return of their damaged vehicle. This is causing significant hardship since my mother is disabled and the car, a Volkswagen T-Roc, was recently purchased to accommodate he -
From paint testers to wardrobe hacks: 12 home DIY dos and don’ts
via theguardian.comWhether you are taking the DIY route or employing someone more skilled, there are ways to save moneyWhether you are DIYing it all yourself or getting tradespeople in, there are ways to cut some of the costs associated with sprucing up your home. Continue reading... -
Big UK life insurers tripled use of controversial reinsurance deals
via ft.comBank of England has warned of significant risks and is consulting on tighter rules -
Big UK life insurers triple use of controversial reinsurance deals
via ft.comBank of England warns of significant risks and consults on tighter rules -
How a bet on Everton engulfed a football investor and its financial backers
via ft.comThe fallout from 777 Partners’ buying spree has spread from the Premier League to insurance policyholders -
Uncorking the Great British wine market – the insurance of vineyards
David Harrison, viticulture specialist at NFU Mutual, shares his thoughts on meeting the insurance challenges facing the booming winery and vineyards sector. -
Simply Business boosts profit 42% in 2023
Xbridge, which trades as Simply Business, achieved double-digit profit and revenue growth in 2023. -
Sporting Sponsor: Verlingue
Insurance Age caught up with Neal Lumb, executive director of sales and marketing at Verlingue, to hear about the how the business sponsors a range of clubs and sports. -
Four insurers able to restart selling GAP insurance – FCA
The Financial Conduct Authority has confirmed that four insurers can restart selling guaranteed asset protection insurance after it took action in February and March to halt sales across the market. -
Biba 2024: Aviva’s Rebecca Gambrell on evolving the digital future
Aviva is listening to brokers’ feedback on what they want to etrade and responding appropriately, according to SME portfolio director Rebecca Gambrell. -
Broker Insights unveils new CEO as founder Edmond becomes president
Data analysis specialist Broker Insights has changed its leadership team, in a move it hopes will help accelerate UK growth and expansion in the US. -
People Moves: 13 – 24 May 2024
Keep up to date on the latest personnel changes in insurance. -
What if the government insured you against a pay cut?
via ft.comNew evidence from the US suggests such a scheme could pay for itself -
Biba 2024: Arag UK leaders promise best in class for brokers as integration rolls forward
Arag and Das have exited the state of limbo and can now power forward with the integration of the two businesses, the bosses have told Insurance Age. -
Ex-broker CEO running to be MP
The former owner and CEO of Erskine Murray Insurance Brokers Tom Bartleet is to run as a parliamentary candidate in the 2024 General Election for the Liberal Democrats in South Suffolk.
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