b Business Secretary states most firms have “not purchased” Covid-19 cover By www.insuranceage.co.uk Published On :: Wed, 01 Apr 2020 10:19:54 +0100 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. Full Article
b 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
b Blog: Pandemic - what is covered? By www.insuranceage.co.uk Published On :: Wed, 01 Apr 2020 12:39:33 +0100 Biba's executive director, Graeme Trudgill, addresses the big question around business interruption and Covid-19. Full Article
b In-depth - liability: Are D&O rates being held captive? By www.insuranceage.co.uk Published On :: Thu, 02 Apr 2020 09:43:50 +0100 With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports Full Article
b 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
b Meet the MGA: Bewica By www.insuranceage.co.uk Published On :: Fri, 03 Apr 2020 12:29:44 +0100 Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age Full Article
b 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
b Brokers under strain as they support hospitality clients By www.insuranceage.co.uk Published On :: Mon, 06 Apr 2020 11:30:26 +0100 Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover. Full Article
b Covid-19: UK claims will pass £1bn, says Huw Evans By www.insuranceage.co.uk Published On :: Mon, 06 Apr 2020 11:40:30 +0100 Evans quoted the figure in a letter defending the response of insurers to the pandemic. Full Article
b 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
b Ethos Broking buys Compass member By www.insuranceage.co.uk Published On :: Tue, 14 Apr 2020 09:42:26 +0100 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. Full Article
b Covid-19: Broker M&A numbers predicted to drop By www.insuranceage.co.uk Published On :: Tue, 14 Apr 2020 12:20:28 +0100 But the consolidators say their models have not changed as a result of the coronavirus. Full Article
b Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19? By www.insuranceage.co.uk Published On :: Wed, 15 Apr 2020 10:13:16 +0100 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. Full Article
b 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
b Blog: What next for commercial motor? By www.insuranceage.co.uk Published On :: Wed, 15 Apr 2020 11:35:59 +0100 Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites. Full Article
b Covid-19: Hiscox hits back amid BI dispute By www.insuranceage.co.uk Published On :: Wed, 15 Apr 2020 16:10:00 +0100 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”. Full Article
b Covid-19: Celebrity chef joins firms attacking Hiscox over BI cover By www.insuranceage.co.uk Published On :: Mon, 20 Apr 2020 13:12:42 +0100 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. Full Article
b Lloyd’s pulls together BI data for PRA – reports By www.insuranceage.co.uk Published On :: Tue, 21 Apr 2020 12:19:49 +0100 The marketplace has been asked to collate insurer BI cover information for the regulator. Full Article
b Covid-19: Legal firm calls for joint govt and industry BI recovery plan By www.insuranceage.co.uk Published On :: Tue, 21 Apr 2020 15:09:08 +0100 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. Full Article
b 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
b 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
b 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
b 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
b Insurance Covid-Cast - episode five: Could the FOS be key to help bring clarity and nix growing number of SME BI complaints By www.insuranceage.co.uk Published On :: Fri, 24 Apr 2020 10:45:41 +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 the ongoing confusion around business interruption cover, and what is needed to bring some clarity to the situation Full Article
b Covid-19: Treasury Committee tells insurers to be clear and fair By www.insuranceage.co.uk Published On :: Mon, 27 Apr 2020 12:21:49 +0100 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. Full Article
b Covid-19: Hiscox Action Group gets funding for BI litigation By www.insuranceage.co.uk Published On :: Tue, 28 Apr 2020 16:07:24 +0100 Harbour Litigation Funding will pay Mishcon de Reya to review the claims business owners have against Hiscox. Full Article
b Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down By www.insuranceage.co.uk Published On :: Thu, 30 Apr 2020 10:32:13 +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 the insurance industry let the narrative over business interruption become national headlines for the wrong reasons. Full Article
b Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims By www.insuranceage.co.uk Published On :: Thu, 30 Apr 2020 12:53:46 +0100 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. Full Article
b Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in lockdown By www.insuranceage.co.uk Published On :: Fri, 01 May 2020 10:59:20 +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 brokers maintain their ‘trusted adviser’ status during these difficult time. Full Article
b Covid-19: FCA bares teeth as BI dispute hots up By www.insuranceage.co.uk Published On :: Fri, 01 May 2020 11:02:55 +0100 Regulator seeks court action to resolve uncertainty on business interruption cover and bring clarity on specific policy clauses. Full Article
b Covid-19: Hiscox BI pressure groups join forces By www.insuranceage.co.uk Published On :: Mon, 04 May 2020 10:39:18 +0100 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. Full Article
b Covid-19: Hiscox Action Group says brokers acted in “good faith” By www.insuranceage.co.uk Published On :: Tue, 05 May 2020 10:49:48 +0100 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. Full Article
b Covid-19: Allianz latest insurer in legal BI firing line By www.insuranceage.co.uk Published On :: Wed, 06 May 2020 09:50:23 +0100 Edwin Coe is representing a group of businesses with the insurer’s Resilience policy wording. Full Article
b Insurance Covid Cast Episode Nine: Could Tiger King Joe Exotic cut it as a fraud fighter or handle big cats at Lloyd’s? By www.insuranceage.co.uk Published On :: Thu, 07 May 2020 10:30:23 +0100 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. Full Article
b Axa XL teams up with Accenture on cyber security services By www.insuranceage.co.uk Published On :: Wed, 25 Sep 2019 10:28:11 +0100 Provider says partnership will benefit Axa XL brokers and clients. Full Article
b Tarian Underwriting unveils cyber platform By www.insuranceage.co.uk Published On :: Thu, 26 Sep 2019 09:48:12 +0100 Business said the new system will make its specialist cyber cover available to regional brokers. Full Article
b Acturis unveils first SME cyber add-on product By www.insuranceage.co.uk Published On :: Thu, 10 Oct 2019 12:22:20 +0100 The provider has added HSB Engineering’s offering to its portfolio. Full Article
b CLS launches public procurement indemnity policy By www.insuranceage.co.uk Published On :: Mon, 14 Oct 2019 11:04:58 +0100 CLS claims the policy will help open up a new market to brokers. Full Article
b Customer loyalty programme launches for brokers By www.insuranceage.co.uk Published On :: Thu, 17 Oct 2019 10:56:15 +0100 Proposition from Stubben Edge will enable brokers to offer customers loyalty rewards and has partners including Halfords and Vision Express. Full Article
b CPP unveils SME cyber insurance on Acturis By www.insuranceage.co.uk Published On :: Mon, 21 Oct 2019 11:43:48 +0100 Product is the first launched by CPP since it joined the insurance broker market. Full Article
b Personal lines cyber cover is untapped market, analyst claims By www.insuranceage.co.uk Published On :: Wed, 23 Oct 2019 12:38:20 +0100 GlobalData said growth was dependent on more households owning connected devices. Full Article
b NMU updates cyber product By www.insuranceage.co.uk Published On :: Tue, 05 Nov 2019 16:43:39 +0000 Product launched earlier this year also now includes cover for court attendance costs, service providers’ extensions and operational error. Full Article
b Product review: Management liability made easy By www.insuranceage.co.uk Published On :: Thu, 07 Nov 2019 09:22:14 +0000 Keeley Theron, commercial manager at SJL Insurance, reviews C-Quence's ML5 Management Liability Insurance product Full Article
b Cyber guide launched by Society of Insurance Broking By www.insuranceage.co.uk Published On :: Mon, 11 Nov 2019 12:26:21 +0000 The document has been developed to help brokers recommend the right cyber cover for their clients. Full Article
b Allianz launches mid-market cyber offering By www.insuranceage.co.uk Published On :: Thu, 14 Nov 2019 10:51:55 +0000 Cyber Select offers breach prevention and management to businesses with turnover up to £350m. Full Article
b THB agrees Fleet UK partnership with Axa By www.insuranceage.co.uk Published On :: Mon, 18 Nov 2019 14:35:59 +0000 Axa to underwrite the Fleet UK product from 1 January following Zurich's exit from the scheme. Full Article
b CFC unveils cyber risk heat map By www.insuranceage.co.uk Published On :: Tue, 26 Nov 2019 11:31:49 +0000 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. Full Article
b Aviva Renewable Energy launches exclusively through UK brokers By www.insuranceage.co.uk Published On :: Fri, 29 Nov 2019 10:15:18 +0000 Offering is targeting renewable energy companies that operate domestically and abroad. Full Article
b Cuvva's pay-monthly product aims to cut out brokers and aggregators By www.insuranceage.co.uk Published On :: Tue, 03 Dec 2019 12:06:00 +0000 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. Full Article
b Product review: Accessible cyber By www.insuranceage.co.uk Published On :: Fri, 06 Dec 2019 09:07:42 +0000 Paul Beck, managing director of Direct Insurance Corporate Risks, reviews CPP Secure's Cyber Insurance for SME Full Article