on FCA zones in on client money amid Covid-19 By www.insuranceage.co.uk Published On :: Thu, 30 Apr 2020 11:30:18 +0100 The FCA has asked up to 300 firms to provide financial information on client money, staff furlough, debt and cash. Full Article
on Broker featured on FSCS insolvency list By www.insuranceage.co.uk Published On :: Thu, 30 Apr 2020 11:30:55 +0100 A.J. Cook Insurance Brokers has been declared in default by the scheme. Full Article
on Opinion: Biba's Steve White on supporting customers and colleagues through coronavirus By www.insuranceage.co.uk Published On :: Tue, 05 May 2020 12:21:50 +0100 Challenging times require lateral thinking: By collaborating the sector can help customers and each other through the pandemic, says Steve White Full Article
on Opinion: Partners&'s Phil Barton on why focusing on price is harming the industry By www.insuranceage.co.uk Published On :: Wed, 06 May 2020 10:21:58 +0100 What price peace of mind? Who is up for jumping out of a plane with a cheap parachute strapped to their back? Phil Barton ponders why insurance is often bought on price Full Article
on Profile: Chairman of Vizion Insurance Brokers and investor Chris Blackham By www.insuranceage.co.uk Published On :: Thu, 07 May 2020 11:41:00 +0100 Millionaire maker: From setting up one of the first consolidators to becoming an investor in start-ups, Chris Blackham reflects on the highs and lows of selling-up and shares his vision for the future Full Article
on Ardonagh signs on to buy Bennetts from Saga By www.insuranceage.co.uk Published On :: Mon, 17 Feb 2020 07:08:18 +0000 Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker. Full Article
on Watson blames Ageas profit fall on motor book By www.insuranceage.co.uk Published On :: Wed, 19 Feb 2020 12:42:43 +0000 Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business. Full Article
on FCA removes Triton Insurance Brokers' right to conduct regulated business By www.insuranceage.co.uk Published On :: Fri, 21 Feb 2020 16:40:56 +0000 Customers told to check the validity of their policy with their insurer. Full Article
on RSA reports “strong results” after “disappointing” 2018 By www.insuranceage.co.uk Published On :: Thu, 27 Feb 2020 10:59:11 +0000 Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits. Full Article
on Sutton Winson snaps up health and protection broker By www.insuranceage.co.uk Published On :: Mon, 02 Mar 2020 12:14:24 +0000 Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals. Full Article
on MPs urge insurance sector to focus on financial inclusion By www.insuranceage.co.uk Published On :: Tue, 03 Mar 2020 12:04:45 +0000 Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry. Full Article
on Aviva confirms partial pull-back from personal lines broker market By www.insuranceage.co.uk Published On :: Thu, 05 Mar 2020 16:22:53 +0000 General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward. Full Article
on Sector escapes IPT rise in ‘coronavirus’ Budget By www.insuranceage.co.uk Published On :: Wed, 11 Mar 2020 15:24:22 +0000 The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses. Full Article
on Travel brokers reveal mixed approach to coronavirus cover By www.insuranceage.co.uk Published On :: Thu, 12 Mar 2020 16:41:26 +0000 InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover. Full Article
on Covid-19: Stephen Catlin heads up industry steering group on pandemic response By www.insuranceage.co.uk Published On :: Tue, 21 Apr 2020 09:24:14 +0100 The group, which has members including Aviva's Maurice Tulloch and RSA's Stephen Hester, is working closely with Pool Re to develop solutions to the crisis. Full Article
on Catlin calls on industry to repair reputation following Covid-19 response By www.insuranceage.co.uk Published On :: Wed, 22 Apr 2020 12:57:14 +0100 Exclusive: Stephen Catlin slams "unfortunate" lack of sympathy to policyholders in messages from the sector and pushes back at claim that the industry steering group on pandemic response is a PR gimmick. Full Article
on Covid-19: Measures to maintain personal injury claims process launched By www.insuranceage.co.uk Published On :: Mon, 27 Apr 2020 12:15:56 +0100 The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation. Full Article
on Research reveals insurance claims among the most likely to succeed in courts By www.insuranceage.co.uk Published On :: Tue, 28 Apr 2020 12:12:20 +0100 Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19. Full Article
on Covid-19: Hiscox considers equity raise By www.insuranceage.co.uk Published On :: Wed, 29 Apr 2020 12:04:32 +0100 Provider states it is "evaluating possible sources of capital" to respond to the pandemic. Full Article
on Covid-19: QBE latest provider facing legal action after denying BI claims By www.insuranceage.co.uk Published On :: Wed, 29 Apr 2020 12:37:31 +0100 Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action. Full Article
on Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission By www.insuranceage.co.uk Published On :: Thu, 30 Apr 2020 11:11:39 +0100 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. Full Article
on News analysis: Industry under pressure as backlash over business interruption continues By www.insuranceage.co.uk Published On :: Fri, 01 May 2020 10:53:41 +0100 Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight Full Article
on Covid-19: FCA urges firms to consider premium reductions and payment holidays By www.insuranceage.co.uk Published On :: Fri, 01 May 2020 11:11:00 +0100 The regulator issued a raft of measures today (1 May) for how financial services firms should behave while coronavirus grips the nation. Full Article
on RSA hires CUO from Ardonagh By www.insuranceage.co.uk Published On :: Thu, 07 May 2020 09:17:05 +0100 Paul Dilley will replace Adrian Sweeney after a handover period. Full Article
on FCA survey reveals gaps in consumer insurance knowledge and take-up By www.insuranceage.co.uk Published On :: Wed, 18 Oct 2017 11:32:38 +0100 Regulator publishes findings of its largest research pool with UK consumers. Full Article
on FCA spent £1.4m on Financial Lives report By www.insuranceage.co.uk Published On :: Mon, 27 Nov 2017 09:16:25 +0000 The regulator paid other firms £647,651 in 2016/17 to conduct the survey. Full Article
on Biba research puts telematics policies at almost one million By www.insuranceage.co.uk Published On :: Tue, 23 Jan 2018 10:48:39 +0000 Figures reveal a 30% uplift on 2016. Full Article
on FOS reveals “600-700” complaints on telematics insurance last year By www.insuranceage.co.uk Published On :: Thu, 31 May 2018 15:44:11 +0100 Ombudsman gives update after highlighting growth in “black box” complaints in annual review. Full Article
on Report suggests Amazon could expand Protect product By www.insuranceage.co.uk Published On :: Tue, 26 Jun 2018 14:10:56 +0100 However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”. Full Article
on Car premiums fell in second quarter 2018, says AA By www.insuranceage.co.uk Published On :: Fri, 27 Jul 2018 12:27:57 +0100 Average prices have dropped by more than 10% in a year. Full Article
on AA’s research finds home premiums on the rise in Q2 2018 By www.insuranceage.co.uk Published On :: Fri, 27 Jul 2018 12:35:01 +0100 Company flags insurer fears over subsidence claims. Full Article
on Car premiums continue to drop in Q3 2018 according to AA By www.insuranceage.co.uk Published On :: Wed, 24 Oct 2018 09:08:13 +0100 Customers benefiting from 10% yearly fall. Full Article
on Home insurance premiums continue to creep up in Q4 2018 By www.insuranceage.co.uk Published On :: Mon, 21 Jan 2019 08:45:46 +0000 Analysis by The AA reveals quarterly and yearly increases. Full Article
on The 2019 Top 50 Personal Lines Brokers is now available By www.insuranceage.co.uk Published On :: Wed, 11 Sep 2019 11:53:11 +0100 Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market. Full Article
on Quizzical questions: 11 October 2019 By www.insuranceage.co.uk Published On :: Fri, 11 Oct 2019 11:28:37 +0100 Test your knowledge of the week's news with our topical quiz. Full Article
on Motor premiums may ‘reach the highest on record’ By www.insuranceage.co.uk Published On :: Mon, 20 Jan 2020 09:42:44 +0000 Willis Towers Watson and Confused warn of future increases as they publish data for Q4 2019. Full Article
on Analysis: Results season reveals mixed picture for insurers By www.insuranceage.co.uk Published On :: Fri, 03 Apr 2020 09:55:08 +0100 Insurers point the finger at increased claims and unexpected Ogden rate change in a challenging year Full Article
on In-depth - liability: The future of construction PI By www.insuranceage.co.uk Published On :: Wed, 01 Apr 2020 12:08:58 +0100 Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates Full Article
on ReSolution Underwriting buys Trilogy MGA By www.insuranceage.co.uk Published On :: Thu, 02 Apr 2020 10:20:50 +0100 MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal. Full Article
on Phil Barton and Stuart Reid launch broker By www.insuranceage.co.uk Published On :: Mon, 06 Apr 2020 10:12:57 +0100 The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director. Full Article
on Commercial director Euros Jones leaves LV By www.insuranceage.co.uk Published On :: Mon, 06 Apr 2020 11:42:06 +0100 Move comes after LV completes the transfer of its commercial lines business to Allianz. Full Article
on Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer By www.insuranceage.co.uk Published On :: Wed, 08 Apr 2020 10:33:22 +0100 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. Full Article
on Government calls on Amanda Blanc to lead flood inquiry By www.insuranceage.co.uk Published On :: Wed, 15 Apr 2020 11:13:33 +0100 Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover. Full Article
on Covid-19: FCA calls on insurers to pay valid claims quickly By www.insuranceage.co.uk Published On :: Wed, 15 Apr 2020 12:19:26 +0100 Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers. Full Article
on Covid-19: Insurers clarify stance on Coronavirus cover By www.insuranceage.co.uk Published On :: Thu, 16 Apr 2020 17:37:31 +0100 Updated: A number of providers have introduced exclusions for Covid-19. Full Article
on Fresh attack on Hiscox BI stance from night life industry By www.insuranceage.co.uk Published On :: Wed, 22 Apr 2020 14:20:49 +0100 The Night Time Industries Association has been advised members have a “good case” against Hiscox as barrister warns “insurers will never be forgiven” for response to Covid-19. Full Article
on Insurance Covid-Cast - episode four: How insurance companies are rising up to help communities and keep society open during the Coronavirus crisis By www.insuranceage.co.uk Published On :: Thu, 23 Apr 2020 10:02:00 +0100 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. Full Article
on Covid-19: Litigation against brokers and insurers set to increase amid BI row By www.insuranceage.co.uk Published On :: Thu, 23 Apr 2020 13:14:16 +0100 The market has been criticised for its response to the coronavirus crisis, particularly with regard to business interruption as providers "look down the barrel' of class action. Full Article
on Hiscox Action Group appoints big-hitting legal firm to represent members in BI row By www.insuranceage.co.uk Published On :: Thu, 23 Apr 2020 15:06:29 +0100 The group of companies criticising Hiscox for refusing to pay out BI claims as a result of the coronavirus says it is also in "advanced talks" with a litigation funder to underwrite its entire legal costs as dispute hots up. Full Article
on Covid-19: RSA faces legal action in BI dispute By www.insuranceage.co.uk Published On :: Fri, 24 Apr 2020 10:44:28 +0100 RSA is latest provider in firing line as nursery sector hits out and, separately, a new action group, Insurance Justice, has been set up to defend BI claims for businesses. Full Article