All articles by Katie Scott – Page 28
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NewsAviva appoints former RSA independent director as new non-exec director
The insurer’s chair says the appointment is ‘a valuable addition’ to the board
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NewsQBE appoints executive director for UK business
The internal appointment succeeds Cécile Fresneau, who was promoted earlier this year
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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AnalysisBriefing: Are capacity deals earmarking potential M&A?
Plus, broker reveals that MGA service is not all it’s cracked up to be
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AnalysisWhat are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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NewsFCA still concerned over industry understanding of product governance rules
The regulator said that brokers are struggling to identify themselves as manufacturers or distributors, meaning they are uncertain whether updated product governance rules apply to them
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsFCA chair plans to step down in spring 2022
Chairman wishes to hand oversight of the FCA’s transformation programme to successor who will see the project through to completion
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NewsIrevolution Group buys motor broker in fifth M&A deal
The deal is an example of the insurance firm’s ‘continuous growth’, says chief executive
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AnalysisBriefing: Are MGAs stealing the service limelight from insurers?
Feedback from brokers at BrokerFest 2021 highlights lagging insurer service and a greater appetite to work with MGAs in their stead – will these businesses cash in on this gift-wrapped opportunity?
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NewsRadius Insurance Solutions buys wheels-based broker
The acquisition aims to widen the broker’s proposition and provide cross-selling opportunities
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NewsBrokerFest 2021: Brokers act as ‘buffer’ to mitigate ‘appalling’ insurer service for SME risk
Providing a ‘slick service’ to SMEs is harder than ever thanks to a lack of access to technical underwriters and error-laden documentation, says broker boss
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NewsHowden agrees to buy Aston Lark in its largest acquisition to date
Howden Group boss describes deal as ‘a decade in the making’, completing the ‘missing piece of our UK broking strategy’
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NewsArch Insurance International appoints chief risk officer
The hire has previously worked at Axis Managing Agency, Novae Group and PWC
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AnalysisOpinion: Report highlights post-pandemic leadership reshuffle
Editor Katie Scott mulls whether the onslaught of recent insurer boss changes will impact on business strategies for 2022, especially following the FCA’s final deadline for its fair value changes
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NewsLloyd’s Insurance Company appoints new UK branch leadership
The appointment replaces current UK head Keith Stern
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AnalysisBriefing: Unpicking industry challenges at BrokerFest 2021
On Monday, brokers will hear a pandemic case study from commercial wheels broker McCarron Coates, as well as have the option to learn about the current lay of the land in high net worth
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NewsPen Underwriting buys Manchester Underwriting Agencies
The ‘great partnership’ will allow Mum to achieve ‘the next level of growth’ while also bolstering Pen Underwriting’s ‘bench strength’
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NewsGhost broking losses amount to £786,700 in 2021 so far - Action Fraud
Students identified as ‘a prime target’ for ghost brokers
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AnalysisBriefing: Size is important when it comes to being resilient to the FCA’s GI pricing reform
Webinar panellists emphasise that firms cannot assume how their customers will behave post-reform, with switching still rife even if consumers are offered lower prices
