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Q&A: Polaris managing director Vivek Banga

Polaris celebrated 25 years last year and also had a MD change with Vivek Banga taking the top spot. Banga catches up with Jonathan Swift about the future of e-trade and the role brokers can play.




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Covid-19: ABI highlights insurer motor and home commitments

The body outlined the insurer response to Financial Conduct Authority guidelines as providers waive renewals for key workers.




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Former Towergate CFO Mark Mugge resurfaces at motor broker

Mugge most recently worked at Ardonagh Group after moving across from Gallagher to Towergate in 2015.




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Covid-19: Disrupters pressurise motor insurers to return premium

On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.




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Axa XL searches for new UK CEO as reshuffle sees Paul Greensmith depart

Four senior leaders have left the provider as Axa XL states it is set for global restructure.




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Covid-19: Should all motor customers get a rebate?

Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.




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Covid-19: Hospitality group forms to fight insurers over BI

The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.




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Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission

Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.




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LV offers premium refunds of between £20 - £50 to motor customers

The proportional refunds for customers in distress follows Admiral's flat £25 payment but broker customers are not included in the £30m LV has set aside for rebates.




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Blog: Is the pandemic a pivotal moment for insurers?

PR expert and former Allianz corporate communication lead, Mark Bishop considers how the reputation of the sector is being affected by Covid-19.




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Home premiums stable in Q1 2017 according to AA Index

However premiums are set to go up and will also be hit by a 2% IPT increase from June this year.




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FCA spent £1.4m on Financial Lives report

The regulator paid other firms £647,651 in 2016/17 to conduct the survey.




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Car insurance premiums fall for third quarter in a row

Research reveals prices now lower than a year ago.




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Aggregators eating into SME business – GlobalData

Research shows brokers are adapting to digital changes.




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Report suggests Amazon could expand Protect product

However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.




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Car premiums continue to drop in Q3 2018 according to AA

Customers benefiting from 10% yearly fall.




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AA reports flat home insurance premiums for Q3 2018

The cost of insuring a home “remains remarkable value for money”.




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AA reports first rise in car premiums for nearly two years

Figures for Q4 2018 show 2.7% uptick.




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Cost of motor insurance falls again

Survey by ABI reveals average motor insurance premiums dropped for the fourth quarter in a row.




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Rise in motor insurance prices last quarter

Data gathered by the ABI finds repair costs climb to £1.2bn in Q1 2019, the highest since the ABI started the survey.




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D&O rate increases hit 77.3%, reports Marsh

Company warned that there is no end in sight to the recent rate hikes in the sector.




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Motor premiums may ‘reach the highest on record’

Willis Towers Watson and Confused warn of future increases as they publish data for Q4 2019.




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Analysis: Results season reveals mixed picture for insurers

Insurers point the finger at increased claims and unexpected Ogden rate change in a challenging year




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Motor premiums rise 2.8% in Q1

Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.




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Broking success: Richard Hames, M&DH Insurance Services' managing director

Building a broker: M&DH Insurance Services’ managing director Richard Hames tells Insurance Age why the construction and manufacturing specialist is focused on growth and how the broker is overcoming the current challenging market.




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Blog: Open or closed - the branch dilemma facing brokers

As the first working week of self-isolation comes to a close for many, Insurance Age content director Jonathan Swift looks at the stance brokers are taking in terms shutting up shop or keeping their branches open.




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Brokers under strain as they support hospitality clients

Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.




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Commercial director Euros Jones leaves LV

Move comes after LV completes the transfer of its commercial lines business to Allianz.




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Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer

This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and the challenges it faces to maintain its self-proclaimed USPs as it grows.




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Blog: What next for commercial motor?

Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites.




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Covid-19: Insurers clarify stance on Coronavirus cover

Updated: A number of providers have introduced exclusions for Covid-19.




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Lloyd’s pulls together BI data for PRA – reports

The marketplace has been asked to collate insurer BI cover information for the regulator.




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Covid-19: Legal firm calls for joint govt and industry BI recovery plan

Flaxmans makes case for government and insurance sector to team up to help businesses recover following the coronavirus pandemic as Mactavish calls for independent review.




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Covid-19: MP calls for insurers to make full pay outs due to pandemic

Jonathan Edwards has signed an early day motion calling on the government to instruct all insurers to use dividends to pay Covid-19 claims.




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Insurance Covid-Cast - episode four: How insurance companies are rising up to help communities and keep society open during the Coronavirus crisis

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how insurance companies are seeking to make a difference within local communities during lockdown.




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Covid-19: Hiscox Action Group gets funding for BI litigation

Harbour Litigation Funding will pay Mishcon de Reya to review the claims business owners have against Hiscox.




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Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims

NDML is asking for some of Pool Re’s £6.6bn cash to be used to help businesses in the leisure and hospitality sector which have been hit by coronavirus.




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Covid-19: Hiscox BI pressure groups join forces

Hiscox Action Group and the Night Time Industries Association, representing more than 500 businesses, have agreed to work together to challenge Hiscox’s business interruption stance.




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Insurance Covid-Cast episode eight: What is the insurance supply chain doing to keep the sector moving during the Covid-19 lockdown?

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we brought together a diverse group of businesses to discuss how the supply chain has forged deeper strategic – and personal - relationships with partners over the last six weeks.




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Insurance Covid Cast Episode Nine: Could Tiger King Joe Exotic cut it as a fraud fighter or handle big cats at Lloyd’s?

In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are in isolation lockdown we present first in an irregular series - Covid Culture Club - where we discuss things to watch and do at home.




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Tarian Underwriting unveils cyber platform

Business said the new system will make its specialist cyber cover available to regional brokers.




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Customer loyalty programme launches for brokers

Proposition from Stubben Edge will enable brokers to offer customers loyalty rewards and has partners including Halfords and Vision Express.




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XO launches PI offering for freelancers

Company said the product is also suitable for SMEs with turnover below £1.5m.




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Flood forecasting firm Previsico launches nationwide

InsurTech Futures: The firm is looking to partner with commercial and HNW brokers.




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Cuvva's pay-monthly product aims to cut out brokers and aggregators

InsurTech Futures: Start-up has also raised £15m, with Lloyd's of London chairman Bruce Carnegie-Brown and JLT CEO Dominic Burke among the backers.




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Lorega expands cyber product for homeowners

Product offers 24/7 advice, incident investigation and restoration services in the event of a cyber attack.




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Arc Legal extends landlord legal defence cover

Provider said the Homes (Fitness for Human Habitation) Act means landlords now require cover for civil or criminal prosecution.




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Bewica launches cyber portal for SMEs

New offering is free for Bewica's brokers to use and assesses customers’ susceptibility to the top cyber risks that SMEs face including phishing attacks, password interception and website attacks.




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CFC buys InsurTech start-up ThreatInformer

MGA says ThreatInformer's data enrichment technology will help it improve key activities in the underwriting process.




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CFC unveils solution for event organisers

MGA says package allows organisers to protect the financial investment of their event.