Latest News – Page 482
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NewsAdmiral and CGI collaborate on five-year rating services contract
The two have a relationship that spans 25 years
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NewsOpen GI outlines business plans during coronavirus outbreak
The firm will be practising social distancing and has released a set of precautionary measures to maintain business as usual
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NewsCoronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
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NewsE-scooter trial raises insurance questions
The Department of Transport is in consultation over what rules should be administered to e-scooters on the UK’s roads, this includes insurance
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NewsPikl appoints Stuart Reid as new chairman
Reid is well known across the industry as he previously worked at Gallagher
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NewsBought by Many appoints new chair
Last year the insurtech announced its plans to expand internationally, with the first stop being Sweden
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NewsAspen Insurance Holdings appoints new group chief financial officer
The new hire succeeds Scott Kirk, who is leaving the firm at the end of April
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NewsAspen Insurance Holdings exits underperforming UK regional P&C line
Group chief executive describes 2019’s financial results as ‘disappointing’
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NewsQBE to stress test business due to coronavirus pandemic
Employees will be asked to work remotely and customers will be encouraged to have virtual meetings
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NewsPub group not covered for loss of business due to Covid-19
The chain is advising its publicans to source additional insurance as losses are not covered under its group policy
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NewsPen Underwriting and Markel renew equestrian capacity deal
The MGA and insurer first partnered together in 2017
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NewsZurich-backed Pluto suspends travel insurance disruption add-ons due to virus spread
Zurich has also released a statement explaining what it covered and what is not for travel insurance policies
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NewsDirect Line and Aviva halt travel insurance sales
Coronavirus has seen an explosion in demand for travel policies
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NewsAXA pulls out of Biba conference as coronavirus fears persist
The firm is monitoring the ongoing situation and the potential impact it might have on the UK and its staff
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FeaturesShining the spotlight on broker ‘secret commissions’
Defined as a ‘species of fraud’, brokers have to come clean about hidden commission transactions in order to avoid legal repercussions
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NewsWrisk closes contents insurance offering
The company’s principles, mission and vision remain the same, but the channel through which it delivers these goals is ‘evolving’ says chief exec
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NewsLMA publishes policy wordings to protect renewals if Covid-19 makes Lloyd’s inaccessible
The association feels it is ‘prudent to ensure Lloyd’s customers are not left without coverage’
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FeaturesWhat does Aon’s purchase of Willis Towers Watson mean for brokers?
Industry voices fear that consolidation between two of the UK’s largest brokers will lead to a ‘stagnating’ market and ‘significant change’ of the sector as we know it
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NewsLloyd’s to shut underwriting room to test coronavirus contingency plan
The underwriting room and other public areas will also get a deep clean
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NewsAviva removes travel insurance add-ons because of coronavirus
The measures will only affect new business and will be temporary
