All articles by Katie Scott – Page 22
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NewsHastings Group reports £103m profit before tax in 2021’s Q3
Chief executive says the insurer is ‘well positioned to take advantage of upcoming market changes’ as it seeks to fulfil ambition of becoming ‘UK’s best and biggest digital insurance provider’
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NewsHiscox has paid out 5,153 BI claims in first nine months of 2021
In his last quarterly trading statement as chief executive, Masojada describes the insurer as being in ‘good shape’
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NewsFloodFlash expands relationship with reinsurer to strike capacity deal
Insurtech boss says the partnership will ‘set the standard for how underwriters and insurtechs can work together to address industry issues’
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NewsAllianz appoints new approved repairer network to focus on green parts and EVs
The insurer aims to achieve ‘a market-leading repair proposition and high customer satisfaction’ with its new bodyshop partners
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NewsPrivate investment firm agrees to buy majority stake in Ripe Thinking
The insurtech’s leadership plan to use the investment to bolster business growth, including to branch out internationally
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NewsFinancial services regulators flag 134 upcoming regulatory initiatives
Regulators acknowledge that although ‘the burden of the current regulatory pipeline’ is ‘significant’, it is also ‘appropriate’
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NewsZurich agrees five-year capacity deal with travel insurer
The insurer will replace previous capacity provider Mapfre
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NewsThe Ardonagh Group completes $500m buy of BGC Partners’ insurance operations
Specialty broking chairman says the acquisition presents ‘a unique opportunity to build a preferred home for talent and the number one choice for clients on a truly global scale’
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AnalysisBriefing: Supporting staff experiencing menopause can help drive diversity agenda
This month marks World Menopause Day – what is your firm doing to support female colleagues undergoing menopausal symptoms?
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NewsNearly a quarter of SMEs buy cyber cover due to remote working uptick
Around a fifth of small to medium-sized businesses bought cyber cover due to a broker’s recommendation, says analytics firm
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AnalysisBroker CEO Forum: Pandemic ‘upped the ante’ around staff welfare and mental health
Insurance industry has ‘a real fear’ around employee burnout, while insurtech investment indicates sector-wide ‘digital first’ focus is here to stay
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News‘MGAs need to look a little bit laterally’ when it comes to capacity - Mum
MGA boss also calls for more transparency around capacity provision, suggesting that brokers should be asking more questions
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NewsBroker CEO Forum: Aviva needs to keep brokers ‘sweet’ following business disposals
Industry thought leaders believe the insurer has been ‘a huge disappointment for shareholders over the years’
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NewsAviva appoints former RSA independent director as new non-exec director
The insurer’s chair says the appointment is ‘a valuable addition’ to the board
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NewsQBE appoints executive director for UK business
The internal appointment succeeds Cécile Fresneau, who was promoted earlier this year
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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AnalysisBriefing: Are capacity deals earmarking potential M&A?
Plus, broker reveals that MGA service is not all it’s cracked up to be
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AnalysisWhat are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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NewsFCA still concerned over industry understanding of product governance rules
The regulator said that brokers are struggling to identify themselves as manufacturers or distributors, meaning they are uncertain whether updated product governance rules apply to them
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
