Financial / Results – Page 63
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FeaturesNew premium finance rules – what does it mean for the industry?
Brokers are going ’to have to change the way they do business’ around premium finance following the FCA’s pricing reforms, says insurance premium finance chief executive
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NewsPace of broker consolidation is ‘a cause for concern’ – WTW Networks
Consolidators have been using the Covid-19 pandemic ‘as a bit of a lever to push people’ into considering selling up ‘sooner rather than later’, says regions MD
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NewsDoncaster-based broker faces £15m ransomware attack
The firm’s IT team responded by shutting off the company’s servers, however the investigation has yet to reveal if any customer data has been impacted by the attack
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Sponsored ContentLockdowns, 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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NewsRipe’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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NewsThe 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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FeaturesBriefing: 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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NewsVan 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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FeaturesMatt 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 InterviewJaime 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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NewsInsurtech receives EIS relief after public guidance update
Both SEIS and EIS relief can be a lifeline for insurtechs
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NewsClimate 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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NewsWrisk 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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NewsGovernment 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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NewsBrokers 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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NewsBiba 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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NewsBeazley’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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NewsEmployment 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
