Latest News – Page 294
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Cyclist alleges Aviva is dawdling with claims payment – despite driver admitting liability
The insurer has promised to ‘conclude this matter as quickly as possible’ as claimant reveals exhaustion at lengthy delays and frustration that ‘no one in this process seems to give a toss’
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MGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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Lloyd’s sets target for a third of the market’s new hires to come from ethnic minority backgrounds
The market plans to mandate the collection of ethnicity data and promises to publish its ethnicity pay gap annually
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Confidence in MGAs on the up following pandemic dip – Clyde and Co
Interest in the European market has also increased
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Pikl partners with price comparison website to bridge home insurance gap
Traditionally, home insurance policies do not cover commercial use of a property, such as letting a room
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Insurers show ‘cautious willingness’ to underwrite fire safety risks on defective cladding – IUA
IUA members have called for a greater focus on quality over cost to make it easier for underwriters providing cover for remediation projects
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Jensten Group completes Tasker buy
Group chief executive believes the broking business is ‘an attractive alternative for high quality community brokers looking to find new investors’
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Peter Blanc: Opportunities await hungry MGAs
Aston Lark’s group chief executive told delegates at the MGAA conference that differentiating products and catering to a niche is the way forward for MGAs
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Pool Re scoops former economic secretary to the Treasury as non-executive chair
The board is ‘vital in stimulating further innovative thinking’ during a changing terrorism landscape, says top boss
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Dale Partners receives Lloyd’s in-principle approval for MGA creation
The move will fulfil the company’s desire to be ‘independent and fully accountable’ for its business
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Ex-Munich Re director joins Ticker as new chief operating officer
Ticker’s founder and chief executive shares ’strong beliefs’ with the new recruit about how a startup should grow in the insurtech sector
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Jensten Group makes two executive hires
The appointments support Jensten Group’s mission of providing an alternative home for entrepreneurial mid-market and specialist community brokers
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Lloyd’s broker taps software provider amid growth plans
The broker’s chief financial officer says it has ambitious growth plans and is scaling fast
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Axa UK appoints new distribution and trading director for commercial arm
The new hire is ‘looking forward to working with key broker partners to understand how we can deliver value for them and our mutual customers’
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Zurich signs five-year capacity deal with specialist motor MGA
The new partnership aligns with the insurer’s wider retail growth strategy
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Revealed: Six firms awarded five stars in Insurance Times’ MGA 2021/22 survey
Insurance Times 2021/22 MGA Survey results reveal that a total of 38 MGAs met the threshold this year
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Home insurance premiums for UK homeowners fall 6.4% since June 2020 - Consumer Intelligence
Prices are expected to rise again as restrictions ease and less people work from home, however
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Lemonade launches pet insurance for puppies and kittens
Lemonade’s chief executive and co-founder says the pandemic-driven surge in pet adoption made the new product idea ‘even more obvious’
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Lucida Group increases c-suite strength with two new senior appointments
The latest hires are ‘instrumental’ in achieving the broking group’s strategic goals, adds chairman