Latest News – Page 289
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MGAA names first Republic of Ireland member
The MGAA’s chief executive says the association’s ‘ultimate aim’ is to help MGAs in the Republic of Ireland
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Insurance Task Force reveals new Sustainable Products and Services Showcase
Task force members have developed a set of proposals to put before governments and regulators, aiming to combat climate change
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Car insurance premiums see biggest annual drop since 2014 - Willis Towers Watson
However, prices could creep up again due to ’the easing of lockdown rules, UK summer staycations and other changed driving patterns’, says Willis Towers Watson consulting lead
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Insurtech reveals new RSA-backed tradespeople insurance product
The product caters to the UK’s tradespeople market, aiming to reduce administration times and speed up claims
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FCA issues warning to insurance firms over hybrid working risks
The regulator will be evaluating firms on a case by case basis
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Radius Insurance Solutions buys wheels-based broker
The acquisition aims to widen the broker’s proposition and provide cross-selling opportunities
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Clear Group names senior management promotions to support growth strategy
The promotions support the group’s next phase of growth
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BrokerFest 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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Howden 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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Credit hire company pays defendant’s costs in fundamentally dishonest PI case
The judge found this type of dispute to be ‘a convenient camel for hire companies to ride across the plains’
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Senior figure set to depart Joe Henderson’s new broker
Henderson says his business is on target for £50m of placement and new locations
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Brokers call out ‘conflict of interest’ in delayed government-backed £750m live events reinsurance scheme
Concerns over a ’conflict on interest’ has been raised by several brokers in the market
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Brighton Pier Group receives £5m following Covid-linked business interruption claim
The claim relates to losses incurred to the end of June 2021
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International broker and independent brokerage looking to buy Aston Lark
Aston Lark has been making a series of acquisitions itself
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Arch Insurance International appoints chief risk officer
The hire has previously worked at Axis Managing Agency, Novae Group and PWC
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New managing director takes the helm at JM Glendinning
The broker has a target to double its premium from £50m to £100m over the next five years
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DAS UK Group top boss Andrew Burke steps down
The new appointment, for whom Burke has ‘enormous respect’, was promoted internally
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Government explores underwriting home insurance for flammable cladding risk
Home insurance premiums have soared from £8m to £29m in a year, according to the Association of Residential Managing Agents
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Airmic 2021: KYO strategies transforming claims
Know Your Opponent tools can help predict ’how certain cases will be dealt with’ regarding claims
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Ticker hits senior leadership gender diversity milestone
The insurtech is now working towards a 50:50 split of male and female staff overall