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Showing posts from January, 2024

RSA launches resource hub for broker profin clients

RSA Insurance has launched a bespoke online resource hub to help broker clients protect and manage their business. from Insurer - insuranceage.co.uk https://ift.tt/Yyim27s

Aviva boosts group accident and travel products with wellbeing package

Aviva has added mental health support to its group personal accident and business travel products in a move it labelled “a first for the industry”. from Insurer - insuranceage.co.uk https://ift.tt/axDzfRo

Gracechurch awards regional claims Service Quality Marque to insurer trio

Independent insurance research consultancy Gracechurch has awarded its Service Quality Marque to Allianz, Chubb and Ecclesiastical for UK regional claims. from Insurer - insuranceage.co.uk https://ift.tt/Lbgf9mr

Interview: Kevin Morton, Zurich Private Clients

Kevin Morton, head of Zurich Private Clients, scrutinises the issues that affected the high net worth market in 2023 and shares what is coming next from the specialist provider in 2024. from Insurer - insuranceage.co.uk https://ift.tt/IScPU5D

NBS launches excess of loss liability insurance

NBS Underwriting has launched excess of loss liability insurance in a move it flagged enables brokers to offer an additional £5m of public liability cover beyond primary level limits. from Insurer - insuranceage.co.uk https://ift.tt/9vRr6Ba

Howden claims “first of its kind” with carbon capture and storage insurance facility launch

Howden has launched a product that it claimed will “unlock vital investment to support the global transition to net zero”. from Insurer - insuranceage.co.uk https://ift.tt/m6oNQH3

Fitch: Improving outlook for insurers but no room for complacency

The effect of “baked in” pricing improvements and easing economic headwinds gives an improving outlook for insurers this year, but will only make it less bad than 2023, according to Fitch. from Insurer - insuranceage.co.uk https://ift.tt/5noAbBy

Travelers steps back from Biba partner status

Travelers did not renew its partnership status with the British Insurance Brokers’ Association on 31 December 2023, but will be exhibiting at the trade body’s conference in Manchester this May. from Insurer - insuranceage.co.uk https://ift.tt/vo3UZue

Amazon to shut Insurance Store after just over a year

Amazon is closing its UK Insurance Store, which was launched with great fanfare in October 2022. from Insurer - insuranceage.co.uk https://ift.tt/AanjvSQ

Qmetric reveals £41m loss in run-up to sale

Policy Expert owner Qmetric lost £41.06m last financial year ahead of being bought by the Abu Dhabi Investment Authority, which has gone on to invest £35m in the business. from Insurer - insuranceage.co.uk https://ift.tt/3eg8bKD

People Moves: 15 – 19 January 2024

Keep up to date with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/nqsKUgS

Canopius launches investment management cover

Canopius Group has launched an investment management product for asset managers, with the aim of responding to shifts in the risk landscape in the highly-regulated asset management sector. from Insurer - insuranceage.co.uk https://ift.tt/V2jkBYe

Chaucer takes Milner from Aspen as CEO

Chaucer has swooped for Richard Milner as its group CEO moving from Aspen UK, which has, in turn, appointed Sarah Stanford as interim CEO. from Insurer - insuranceage.co.uk https://ift.tt/lZrHd9h

Aurora pushes on broker relationships with new hire ahead of product launch

Aurora has appointed Tom Willmore to a newly-created broker-facing role as it committed to launching a commercial combined offering this spring, amid a drive to be a one-stop shop for brokers. from Insurer - insuranceage.co.uk https://ift.tt/pN39YXl

Ghost broker who targeted Sudanese community sentenced

The City of London Police have revealed a man who offered fraudulent motor insurance policies to Sudanese nationals living in the UK has been sentenced to 10 months imprisonment, suspended for 12 months. from Insurer - insuranceage.co.uk https://ift.tt/floxzcj

Car insurance premiums surge 58% in a year

According to research by WTW and Confused car insurance premiums have soared to a record high with a 58% rise in 2023. from Insurer - insuranceage.co.uk https://ift.tt/m0vniVI

Commercial Express highlights hair and beauty scheme

Commercial Express has launched a hair and beauty product for hairdressers, barbers and beauty therapists. from Insurer - insuranceage.co.uk https://ift.tt/HB4Dpyq

Matthew Hill named CEO at the CII

The Chartered Insurance Institute has appointed Matthew Hill as group CEO joining in early April. from Insurer - insuranceage.co.uk https://ift.tt/ZuDWwcC

People Moves: 8 – 12 January 2024

Stay in the loop with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/yawLuxe

QBE names Stephen Johnson as head of trading for the South East

Stephen Johnson has been appointed to head of trading for the South East region at QBE Europe, where he will lead the regional underwriting teams in London and Chelmsford. from Insurer - insuranceage.co.uk https://ift.tt/26byGOJ

New property MGA Ventis launches with ex-Covéa quartet

Ventis, a specialist commercial and residential real estate managing general agent, has opened for business. from Insurer - insuranceage.co.uk https://ift.tt/lL94dHA

Blog: The importance of empathic cultures – Shifting the narrative of men’s mental health at work

Zoë Parsons of Reg Technologies sheds light on the paramount importance of empathy in navigating men’s mental well-being at work as she explores the statistics and shares vital takeaways. from Insurer - insuranceage.co.uk https://ift.tt/qAfBtjv

Canopius adds ex-PIB and QBE leader Matthew Crane as head of UK distribution

Canopius has added Matthew Crane to its UK executive committee in the newly created role of head of UK distribution. from Insurer - insuranceage.co.uk https://ift.tt/jMrN7An

RSA teams up with Brit to launch Project Cargo consortium

RSA and Brit have launched a new Project Cargo consortium, BUILD, offering guaranteed capacity of up to $285m (£223.8m) for risks worldwide. from Insurer - insuranceage.co.uk https://ift.tt/8DSZf0K

Paul Dilley exits RSA for Bridgehaven

Hybrid fronting insurer Bridgehaven Insurance has appointed Paul Dilley as chief underwriting officer joining from RSA owner Intact. from Insurer - insuranceage.co.uk https://ift.tt/fu2Diks

Ardonagh kicks off 2024 with HNW deal

Ardonagh Advisory has bought private clients specialist managing general agent Hoxton Risk Services in its first deal of the year, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/HSuQkjs

Bridgehaven unveils first UK MGA fronting partnership

Hybrid fronting insurer Bridgehaven Insurance has made its first move partnering with managing general agent Avid Insurance on property excess of loss insurance solutions for registered providers of social housing. from Insurer - insuranceage.co.uk https://ift.tt/9XRL36K

Giles Offen joins Premium Credit as chief product and technology officer

Giles Offen has been named chief product and technology officer at Premium Credit, where he will oversee digital product design, platform management and provision of insights. from Insurer - insuranceage.co.uk https://ift.tt/8ZHhBsz

Ecclesiastical powers up pet in schemes push

Ecclesiastical Insurance has partnered with Brooks Braithwaite, part of the Petcover Group, to deliver a new scheme aimed at pet professionals. from Insurer - insuranceage.co.uk https://ift.tt/e4DWTBp

Apprenticeship and return-to-work schemes in Partners& 10-point plan

Partners& has set out a sustainability 10-point plan, part of its challenger strategy for 2024-26, which includes establishing an apprenticeship scheme and a return-to-work programme aimed at the over 50s. from Insurer - insuranceage.co.uk https://ift.tt/lIADnT6

Opinion: The role of LEI in 21st century justice

Access to justice is one of the cornerstones of civilised society; without it, law and order risk breaking down, threatening the stability we’ve come to take for granted, argues Arc Legal’s Tim Mullin. from Insurer - insuranceage.co.uk https://ift.tt/rk9gOqi

Insurance leaders upbeat on start to 2024 but inflation and interest rate worries remain

Almost four out of five senior insurance executives (79%) are optimistic about business growth this quarter, according to research by KPMG UK. from Insurer - insuranceage.co.uk https://ift.tt/iKstykB

Insurance industry achieves FCA fine free 2023

The Financial Conduct Authority dished out £52.8m in fines in 2023, the second lowest total since the regulator was formed in 2013. from Insurer - insuranceage.co.uk https://ift.tt/VZrbEGq