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Martin McKeague, representing Aubrey Weis, says allegations made in Axa’s defence documents would have “huge ramifications” on the insurance industry. from Insurer - insuranceage.co.uk https://ift.tt/33Zdnbz

The motor provider has added Drivit to its portfolio as it seeks to shake-up commercial motor cover. from Insurer - insuranceage.co.uk https://ift.tt/37OhpEL

Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect real-time driver behavior data in-house, signals the company’s intent to … from News – Insurance Journal https://ift.tt/3gtVA15

Property investor Aubrey Weis to rely on admissions made by Lockton in its defence documents at trial, after the broker admitted that a certificate of insurance for the 2019/20 policy year had been issued containing an error. from Insurer - insuranceage.co.uk https://ift.tt/3guxtzr

Brit Ltd. announced the appointment of Gavin Wilkinson as group chief financial officer. Wilkinson will start his new role in May 2021 and will also join the executive committee and board of Brit. A proven and highly experienced finance leader, … from News – Insurance Journal https://ift.tt/370DkcG

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Conduit Reinsurance Ltd., with a stable outlook. The ratings reflect Conduit Re’s balance sheet strength, which AM Best categorizes as … from News – Insurance Journal https://ift.tt/3lZg17i

Group underwriting director Gary Humphreys says that the provider is in talks with a new carrier after it was forced to go "on hiatus" for new quotes in commercial lines almost a year ago. from Insurer - insuranceage.co.uk https://ift.tt/39V19V6