b

Business Secretary states most firms have “not purchased” Covid-19 cover

John Glen said the government is in continual dialogue with insurance sector as he restates companies without the right cover will require support from elsewhere.




b

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




b

Blog: Pandemic - what is covered?

Biba's executive director, Graeme Trudgill, addresses the big question around business interruption and Covid-19.




b

In-depth - liability: Are D&O rates being held captive?

With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports




b

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.




b

Meet the MGA: Bewica

Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age




b

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.




b

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.




b

Covid-19: UK claims will pass £1bn, says Huw Evans

Evans quoted the figure in a letter defending the response of insurers to the pandemic.




b

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.




b

Ethos Broking buys Compass member

The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.




b

Covid-19: Broker M&A numbers predicted to drop

But the consolidators say their models have not changed as a result of the coronavirus.




b

Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19?

In the second of a new series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown we discuss how insurtechs are seeking to create positive customer stories to redress the negative media coverage.




b

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.




b

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.




b

Covid-19: Hiscox hits back amid BI dispute

The insurer is facing a potential class action after declining a series of business interruption payments but says it could pay up to $175m and is “proactively paying claims”.




b

Covid-19: Celebrity chef joins firms attacking Hiscox over BI cover

Reports state star chef Raymond Blanc has slammed Hiscox for not paying out after he was forced to close his restaurants and pubs in the wake of the coronavirus outbreak.




b

Lloyd’s pulls together BI data for PRA – reports

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




b

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.




b

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.




b

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.




b

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.




b

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.




b

Insurance Covid-Cast - episode five: Could the FOS be key to help bring clarity and nix growing number of SME BI complaints

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 the ongoing confusion around business interruption cover, and what is needed to bring some clarity to the situation




b

Covid-19: Treasury Committee tells insurers to be clear and fair

Mel Stride MP states firms are continuously facing difficulties in making successful coronavirus-related claims as the ABI says insurers are expected to pay out a total of £1.2bn.




b

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.




b

Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down

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 the insurance industry let the narrative over business interruption become national headlines for the wrong reasons.




b

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.




b

Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in 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 discuss how brokers maintain their ‘trusted adviser’ status during these difficult time.




b

Covid-19: FCA bares teeth as BI dispute hots up

Regulator seeks court action to resolve uncertainty on business interruption cover and bring clarity on specific policy clauses.




b

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.




b

Covid-19: Hiscox Action Group says brokers acted in “good faith”

The Group is going after insurer Hiscox over its refusal to pay BI claims the group members believe to have been triggered by coronavirus pandemic.




b

Covid-19: Allianz latest insurer in legal BI firing line

Edwin Coe is representing a group of businesses with the insurer’s Resilience policy wording.




b

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.




b

Axa XL teams up with Accenture on cyber security services

Provider says partnership will benefit Axa XL brokers and clients.




b

Tarian Underwriting unveils cyber platform

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




b

Acturis unveils first SME cyber add-on product

The provider has added HSB Engineering’s offering to its portfolio.




b

CLS launches public procurement indemnity policy

CLS claims the policy will help open up a new market to brokers.




b

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.




b

CPP unveils SME cyber insurance on Acturis

Product is the first launched by CPP since it joined the insurance broker market.




b

Personal lines cyber cover is untapped market, analyst claims

GlobalData said growth was dependent on more households owning connected devices.




b

NMU updates cyber product

Product launched earlier this year also now includes cover for court attendance costs, service providers’ extensions and operational error.




b

Product review: Management liability made easy

Keeley Theron, commercial manager at SJL Insurance, reviews C-Quence's ML5 Management Liability Insurance product




b

Cyber guide launched by Society of Insurance Broking

The document has been developed to help brokers recommend the right cyber cover for their clients.




b

Allianz launches mid-market cyber offering

Cyber Select offers breach prevention and management to businesses with turnover up to £350m.




b

THB agrees Fleet UK partnership with Axa

Axa to underwrite the Fleet UK product from 1 January following Zurich's exit from the scheme.




b

CFC unveils cyber risk heat map

Map ranks the severity of different industries’ exposures to business interruption, privacy, and cybercrime and includes a few examples of how these exposures can play out for various types of organisations.




b

Aviva Renewable Energy launches exclusively through UK brokers

Offering is targeting renewable energy companies that operate domestically and abroad.




b

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.




b

Product review: Accessible cyber

Paul Beck, managing director of Direct Insurance Corporate Risks, reviews CPP Secure's Cyber Insurance for SME