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ERS says Ogden drove up COR in 2019

Profit and GWP improved at the motor provider.




y

Aviva UKGI profit falls by 35%

Aviva says UK business was impacted by an alignment of the UK digital business with GI, as CEO Maurice Tulloch says provider has made "good progress" on its cost-cutting plan.




y

A-Plan buys Cotters Insurance Brokers

The personal lines specialist has bought the Northampton-based SME commercial expert.




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LV's underwriting profit falls by 39% in 2019

But CEO Steve Treloar says premiums in the provider's broker business has grown by 24% after Allianz's personal lines business transferred to LV.




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CDL widens self-install telematics product availability

The software house is working with brokers to allow more customers to activate ‘pay how you drive’ insurance amid the Covid-19 lockdown.




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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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Complete our survey: How has your business been hit by Covid-19?

Survey aims to find out how the industry has changed its working practices, the challenges faced by professionals working remotely and how brokers feel insurers have responded to the pandemic.




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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.




y

Gary Hoffman resigns from Hastings

Hoffman, currently non-executive chairman, was CEO of the business between 2012 and 2018 and led it through an IPO in 2015.




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Covid-19: Total claims pay-outs expected to reach £1.2bn

The ABI says insurers are expected to pay £900m towards business interruption claims.




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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: 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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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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Blog: Why the government needs to back the insurance industry

Tom Powell shares his idea to help the insurance sector overcome the BI problems




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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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Car insurance flat in Q1 2017 but hikes inevitable thanks to “government blunders”, says AA

Average increase for comprehensive motor cover was 12.9% over the past 12 months.




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Sentiment survey Spring 2017: The results

Discount rate cuts, regulation changes, FCA warnings and failing unrated providers were among the hot topics we quizzed brokers on in the latest Sentiment Survey.




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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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Sentiment survey Autumn 2017: The results

Is the industry prepared for the onset of GDPR fines or a possible insurance premium tax rise? Brokers also reveal their attitude to consolidation and specialisms




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Insurance complaints to Financial Ombudsman hold steady in 2017/18

But organisation warns over loyalty and telematics complaints.




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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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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 reports first rise in car premiums for nearly two years

Figures for Q4 2018 show 2.7% uptick.




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Top 100 Independent Brokers: Do you qualify?

Contact Insurance Age to check whether your firm is eligible and be part of the wide-ranging market analysis.




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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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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.




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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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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




y

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.




y

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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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.




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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.




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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.




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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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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.




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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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Hiscox expects $175m Covid-19 payout

Hiscox, which is currently in dispute with a group of firms over BI, said it is actively settling claims for event cancellation and abandonment, media and entertainment and travel.




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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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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




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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.