Financial / Results – Page 61
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Lockdowns, hardmarket and service – Manchester Underwriting Management
Manchester Underwriting Management’s director, Richard Webb tells Insurance Times about the benefits, and pitfalls that working from home during the pandemic has brought
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News
Ripe’s profit levels up 75% amid multimillion-pound cloud investment
The insurtech’s growth has been accelerated by investment in its customer relationship management platform, called the Juice
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News
The Ardonagh Group improves group income by 24.8% in 2021’s Q1
Group chief executive says the broker has developed a ‘compelling proposition for individuals and companies that value independence, agility and scale’
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Features
Briefing: Phil Bayles exits Aviva - why do insurer chiefs leave for brokers?
Aviva’s Phil Bayles is the latest insurer name to join the broking world - what can we make of this move?
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News
Van insurance premiums fall by 2% year-on-year - Consumer Intelligence
‘Driving habits’ are a key contributing factor when it comes to premium pricing, says market research firm
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Features
Matt Brewis: Brokers have a key role to play in providing clarity and data
FCA director says the regulator is ‘suffering’ and needs ’to have a new approach for how we operate in the future’
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IT Interview
Jaime Swindle: Effective trading versus efficiency will be a broker focus this year
As broking networks help their members combat the current climate’s challenges, the Covid-19 pandemic admittedly hasn’t been all bad, resulting in ‘a more forward-thinking industry’ says networks MD
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News
Insurtech receives EIS relief after public guidance update
Both SEIS and EIS relief can be a lifeline for insurtechs
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News
Climate change demands ‘bigger role’ for brokers and insurers - John Glen MP
Caring for the planet is an ‘essential element’ of responsible capitalism, says MP
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News
Wrisk closes £4.6m funding round
The insurtech will be using the funding to grow its team and scale its platform further
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News
‘More work to do’ on business interruption cover as lockdown lifts
Within business interruption cover, its ’strengths have become its weakness’ in terms of flexibility says Allianz director
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News
Government needs ‘to do something positive’ to clarify impact of EU Vnuk ruling on UK law
The UK cannot rely on Brexit to eliminate the potential extra premium costs associated with the Vnuk ruling – the government must legislate, says law firm partner
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News
Brokers are ‘absolutely crucial in the survival of SME businesses’ through pandemic
Regarding the Covid-linked business interruption claims debate, brokers were in ‘prime position’ to tell ‘the truth of the story’ said broker director
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News
Biba 2021: Day Two
PremFina’s chief executive reveals how its new Finance as a Service app aims to help customers ’consume insurance that fits their needs’
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News
Beazley’s GWP doubles to 16%
Significant underwriting actions have also been in place since September 2020 due to surging claims driven by ransomware
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News
Employment claims influx ahead following furlough scheme closure – ARAG
Rates in the employers practices liability insurance market were hardening prior to the pandemic – some non-specialist providers had already withdrawn
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News
‘Appropriate’, not heavy, regulation needed for broking sector – Biba
The FSCS’s initial £1.04bn levy figure ‘must have been scribbled on the back of a fag packet’, says the trade association’s non-executive director
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News
Biba 2021: Day One
An expert panel at Biba’s conference yesterday debated the issues that arose from coronavirus-linked BI claims, and highlighted related upcoming issues
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News
Soaring premiums see customers borrow more to pay for cover – Premium Credit
With 19% of those borrowing money to pay for insurance also being furloughed, the Covid-19 pandemic has been a key driver for premium finance
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News
Zurich’s premium up by 14% in property and casualty
The group is on track with its strategy and financial plans, according to the group’s chief financial officer