Tom Powell shares his idea to help the insurance sector overcome the BI problems
Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.
Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.
Provider states it is "evaluating possible sources of capital" to respond to the pandemic.
The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.
The document has been developed to help brokers navigate platforms such as Twitter and Linked In throughout the outbreak.
The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.
The ABI says insurers are expected to pay £900m towards business interruption claims.
Hoffman, currently non-executive chairman, was CEO of the business between 2012 and 2018 and led it through an IPO in 2015.
Exclusive: Stephen Catlin slams "unfortunate" lack of sympathy to policyholders in messages from the sector and pushes back at claim that the industry steering group on pandemic response is a PR gimmick.
Four senior leaders have left the provider as Axa XL states it is set for global restructure.
Provider to create a single global insurance underwriting function and form three geographical business units across the Americas, Eurasia and the UK & Lloyd’s market.
Survey aims to find out how the industry has changed its working practices, the challenges faced by professionals working remotely and how brokers feel insurers have responded to the pandemic.
The business is to return £110m to car and van customers as part of Stay At Home Refunds as it becomes first to bow to pressure to give back as policyholders use vehicles less.
The group, which has members including Aviva's Maurice Tulloch and RSA's Stephen Hester, is working closely with Pool Re to develop solutions to the crisis.
Research by Confused.com and Willis Towers Watson reveals dip in motor premiums, following a £47 rise over the last year.
The software house is working with brokers to allow more customers to activate ‘pay how you drive’ insurance amid the Covid-19 lockdown.
Watchdog says the two year project led to 6.2m visiting its dedicated PPI website.
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
Mugge most recently worked at Ardonagh Group after moving across from Gallagher to Towergate in 2015.
The body outlined the insurer response to Financial Conduct Authority guidelines as providers waive renewals for key workers.
Polaris celebrated 25 years last year and also had a MD change with Vivek Banga taking the top spot. Banga catches up with Jonathan Swift about the future of e-trade and the role brokers can play.
But CEO Steve Treloar says premiums in the provider's broker business has grown by 24% after Allianz's personal lines business transferred to LV.
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.
Provider says existing customers will not be affected by the move.
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
The personal lines specialist has bought the Northampton-based SME commercial expert.
The event, which celebrates the best in UK broking, is now accepting submissions.
General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward.
Aviva says UK business was impacted by an alignment of the UK digital business with GI, as CEO Maurice Tulloch says provider has made "good progress" on its cost-cutting plan.
David Stevens will be replaced by Milena Mondini de Focatiis, currently head of UK and European Insurance.
Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.
COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.
Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry.
GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.
Egan points to growth in RSA's regional commercial broker book as UK business moves back into profit.
Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits.
Exclusive: Insurance Tailors, based in Twickenham, has been purchased by the specialist broker’s parent firm for an undisclosed sum.
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
Customers told to check the validity of their policy with their insurer.
Effect of storms is feeding through into premium costs.
Provider posted rising revenues in both commercial and personal lines.
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
CEO Andy Watson says results were driven by difficulties in the motor market.