Liability
C-Quence launches new directors and officers liability policy
InsurTech Futures: The MGA has also automated management liability policy wordings for some types of firms.
Nexus buys specialty MGA Plus Risk Limited
Nexus group CEO Colin Thompson says to expect more acquisitions.
Building body warns of “disaster” amid construction capacity squeeze
The Association of Consultant Approved Inspectors (ACAI) has called on the government to review its Approved Inspectors Scheme of Insurance.
CII launches brokers construction guide amid sector capacity issues
Organisation references Grenfell Tower tragedy as it unveils advice to brokers, including to identify which materials and dangerous substances are used in the building process.
Blog: What is JCT 21.2.1 insurance, and who needs it?
Tokio Marine HCC’s Julian Goodall considers the snappily-named clause developed to iron out liability issues in construction.
Beazley adds cyber and management liability products to broker platform
Policies are aimed at UK companies with a turnover of up to £350m.
Fiducia unveils combined liability product
MGA says policy can offer over 500 trades, including builders and engineers, access to a wide range of covers.
The evolution of risk for digital media
The media industry is dealing with an increasing array of threats as technology transforms the sector. Chubb's Siân Rolf explains why brokers need to constantly review policy offerings to make sure the demands of multi-channel/ multi-platform clients are…
CFC unveils pollution liability product suite
Policies cover risks including environmental and natural resource damage and is available to SMEs and contractors.
Product review: Made for management
Seaway Insurance Consultants' Chris Howell reviews Axa Insurance's Management Liability online product
Chubb targets media industry
Insurer focuses on middle market and multinational clients.
InsurTech Futures: Ex-AIG boss Jacqueline McNamee's C-Quence launches
Start-up MGA unveils management liability product and tech platform.
Instant Underwriting launches liability scheme
The cover is available wholesale to brokers through a portal developed by SchemeServe.
Review of the year: December 2018
Aviva's claim that it would disrupt the market with its new subscription-style product got brokers talking in the final month of the year.
UK insurance industry paid out £55bn in 2017
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
Predictions for 2019: Park's Marc Loud
Broker predicts liability market hardening, greater onus on job training, and that vulnerable customers will be looked after better.
Insurers celebrate at Civil Liability Bill gaining Royal Assent
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
FCA insurance spend rises to £264,587 for 2018/19
The regulator stuck with Aon as its broker.
AmTrust’s UK liability exit could see premiums rise
Brokers warned to prepare for prices to increase by 10%-15% as the provider’s departure causes “ripple effect”.
Axa unveils Brexit cover for management liability product
New offering applies to claims relating to directors & officers’ liability and company legal liability.
Covered launches on-demand aviation product
Business will wholesale product from next January.
IIG reaches for the skies with airside liability launch
MGA states brokers seeing rising demand due to expansion in regional airports.
MGAM launches general liability product
Product can be white labelled.
APC’s Russell hails Folgate’s market return
The insurer is set to write business lines including property, liability, warranty and PI and is targeting £50-60m GWP by January 2019.