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FCA zones in on client money amid Covid-19

The FCA has asked up to 300 firms to provide financial information on client money, staff furlough, debt and cash.




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Broker featured on FSCS insolvency list

A.J. Cook Insurance Brokers has been declared in default by the scheme.




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Opinion: Biba's Steve White on supporting customers and colleagues through coronavirus

Challenging times require lateral thinking: By collaborating the sector can help customers and each other through the pandemic, says Steve White




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Opinion: Partners&'s Phil Barton on why focusing on price is harming the industry

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




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Profile: Chairman of Vizion Insurance Brokers and investor Chris Blackham

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




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Ardonagh signs on to buy Bennetts from Saga

Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker.




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Watson blames Ageas profit fall on motor book

Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.




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FCA removes Triton Insurance Brokers' right to conduct regulated business

Customers told to check the validity of their policy with their insurer.




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RSA reports “strong results” after “disappointing” 2018

Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits.




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Sutton Winson snaps up health and protection broker

Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.




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MPs urge insurance sector to focus on financial inclusion

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.




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Aviva confirms partial pull-back from personal lines broker market

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.




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Sector escapes IPT rise in ‘coronavirus’ Budget

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.




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Travel brokers reveal mixed approach to coronavirus cover

InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.




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Covid-19: Stephen Catlin heads up industry steering group on pandemic response

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.




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Catlin calls on industry to repair reputation following Covid-19 response

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.




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Covid-19: Measures to maintain personal injury claims process launched

The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.




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Research reveals insurance claims among the most likely to succeed in courts

Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.




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Covid-19: Hiscox considers equity raise

Provider states it is "evaluating possible sources of capital" to respond to the pandemic.




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Covid-19: QBE latest provider facing legal action after denying BI claims

Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.




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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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News analysis: Industry under pressure as backlash over business interruption continues

Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight




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Covid-19: FCA urges firms to consider premium reductions and payment holidays

The regulator issued a raft of measures today (1 May) for how financial services firms should behave while coronavirus grips the nation.




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RSA hires CUO from Ardonagh

Paul Dilley will replace Adrian Sweeney after a handover period.




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FCA survey reveals gaps in consumer insurance knowledge and take-up

Regulator publishes findings of its largest research pool with UK consumers.




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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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Biba research puts telematics policies at almost one million

Figures reveal a 30% uplift on 2016.




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FOS reveals “600-700” complaints on telematics insurance last year

Ombudsman gives update after highlighting growth in “black box” complaints in annual review.




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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 fell in second quarter 2018, says AA

Average prices have dropped by more than 10% in a year.




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AA’s research finds home premiums on the rise in Q2 2018

Company flags insurer fears over subsidence claims.




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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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Home insurance premiums continue to creep up in Q4 2018

Analysis by The AA reveals quarterly and yearly increases.




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The 2019 Top 50 Personal Lines Brokers is now available

Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.




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Quizzical questions: 11 October 2019

Test your knowledge of the week's news with our topical quiz.




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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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In-depth - liability: The future of construction PI

Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates




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ReSolution Underwriting buys Trilogy MGA

MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.




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Phil Barton and Stuart Reid launch broker

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.




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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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Government calls on Amanda Blanc to lead flood inquiry

Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.




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Covid-19: FCA calls on insurers to pay valid claims quickly

Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.




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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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Fresh attack on Hiscox BI stance from night life industry

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.




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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: Litigation against brokers and insurers set to increase amid BI row

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.




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Hiscox Action Group appoints big-hitting legal firm to represent members in BI row

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.




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Covid-19: RSA faces legal action in BI dispute

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.