Insurance Wiki How

The Direct Line boss succeeds Paul Feeney, CEO of Quilter. from Insurer - insuranceage.co.uk https://ift.tt/2NmlWJLpX

The insurtech explained that its new name represented the “3Cs of insurance” - claims, cover and cost’. from Insurer - insuranceage.co.uk https://ift.tt/2fhGwrdPy

The FCA's Sheldon Mills fires warning shot on broker commission transparency and adds the regulator will "use its powers to intervene" as he issues 'Dear CEO' letter amid review of the insurance market for multiple-occupancy homes. from Insurer - insuranceage.co.uk https://ift.tt/33WMecx

In a letter to the FCA and the CMA, the Secretary of State for Levelling Up, Housing and Communities writes he is "extremely concerned" about the pressure leaseholders face from rapidly escalating insurance premiums on blocks of flats following the Grenfell horror. from Insurer - insuranceage.co.uk https://ift.tt/3KNOP9g

The study suggests that 2022 may be the year in which supply chain, D&O, reputation and employment liability concerns ‘leak’ across insurance classes, creating complex, integrated risks with no “obvious or traditional insurance solution”. from Insurer - insuranceage.co.uk https://ift.tt/3r1tuRU

The trade association has asked government to reduce IPT to 10% in areas such as property, telematics, and cyber as it also pleads for a simplification of insurance tax in the travel sector. from Insurer - insuranceage.co.uk https://ift.tt/3KH9SdA

Specialist company CFC Underwriting has won out, with Travelers and NMU also in close contention, as the UK’s leading eight cyber insurers are revealed based on broker opinion from Insurer - insuranceage.co.uk https://ift.tt/33QUUBa

Motor broker says it is reviewing its approach "in line with wider market changes". from Insurer - insuranceage.co.uk https://ift.tt/3KFWW7K

CEO Steven Mendel admits he is seeing "lots of noise and distraction" but not enough innovation as he highlights the shortcomings of the pet space and the insurance industry as a whole. from Insurer - insuranceage.co.uk https://ift.tt/3tRr8a7

Aviva’s Gareth Hemming considers how the next 12 months will pan out for the UK broker community. from Insurer - insuranceage.co.uk https://ift.tt/3rMWZG3

FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m. from Insurer - insuranceage.co.uk https://ift.tt/33XYFUX

President of UK Retail, Mark McIlquham, tells Insurance Age about the US-headquartered broker's UK expansion plans and reveals it is targeting £1bn in GWP within five years. from Insurer - insuranceage.co.uk https://ift.tt/3GRyNZs

The former Brightside boss has joined Hastings as non-executive director following Peter Blanc's resignation prompted by the Aston Lark-Howden deal. from Insurer - insuranceage.co.uk https://ift.tt/3qMJ7wx

The grouping of bar and restaurant owners is set to launch another test case, this time against RSA and QIC, focusing on recovering indemnity for the UK’s multiple lockdowns. from Insurer - insuranceage.co.uk https://ift.tt/3GMNxsK

The insurer revealed that Karen Boothroyd had been appointed to the newly created role as part of its commercial regions reshuffle. from Insurer - insuranceage.co.uk https://ift.tt/3FFE1Gl

The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited. from Insurer - insuranceage.co.uk https://ift.tt/3FHcR1Z

After receiving backing from CBPE, the MGA will sit alongside Carraig Insurance under Direct Commercial Group. from Insurer - insuranceage.co.uk https://ift.tt/3nGaRkl

Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed. from Insurer - insuranceage.co.uk https://ift.tt/3nDOKuU

Despite car insurance dropping by 6% in 2021, the final quarter of the year saw the first increases in premium since 2020. from Insurer - insuranceage.co.uk https://ift.tt/3qDOQEL

Chief distribution officer Gareth Hemming says the provider is initially planning to increase the size of its underwriting team in the regions by 10%. from Insurer - insuranceage.co.uk https://ift.tt/33NDAwk

Keep up to date with the latest people moves in the insurance sector. from Insurer - insuranceage.co.uk https://ift.tt/3qAsp3h

The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter. from Insurer - insuranceage.co.uk https://ift.tt/3zYL3EX

The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19. from Insurer - insuranceage.co.uk https://ift.tt/3fiD8c7

Jason Windsor took on the role in 2019 and will join Persimmon, a British housebuilding frim. from Insurer - insuranceage.co.uk https://ift.tt/3tpdmvg

Jonathan Clark will take over from Sian Fisher at the end of March 2022 as the search for a permanent CEO is underway. from Insurer - insuranceage.co.uk https://ift.tt/3zSanfK

The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines. from Insurer - insuranceage.co.uk https://ift.tt/3Fer4Dq

The deal also sees it move to CDL's Proteus system which the provider says gives faster access to competitive rates for brokers. from Insurer - insuranceage.co.uk https://ift.tt/3GkBjaJ

The fresh motor and van agreement runs until 2026 and sees Prestige re-enter the non-standard motor space. from Insurer - insuranceage.co.uk https://ift.tt/33gj0os

Group underwriting director Gary Humphreys tells Insurance Age about the MGA's biggest deal to date and its plans for the future as he confirms that an IPO "hasn’t been ruled out as possibility". from Insurer - insuranceage.co.uk https://ift.tt/3G4M4xI

David Boulcott joins the firm to replace outgoing David Brown. from Insurer - insuranceage.co.uk https://ift.tt/3pWikxp

The transaction is expected to complete during the first half of 2022 and follows hot on the heels of Markerstudy's deal for Lloyd's broker Clegg Gifford. from Insurer - insuranceage.co.uk https://ift.tt/3ETyg7u

Coffey discusses how the industry has risen to the challenge and worked together to navigate a difficult period while preparing for "significant" changes in regulation. from Insurer - insuranceage.co.uk https://ift.tt/3JDOt4i