PIB Group Ltd (PIB) has today revealed its acquisition of Leicester-based Erskine Murray Insurance Brokers (Erskine Murray). Formed in 2012 as an independent commercial lines broker, Erskine Murray can trace its origins back over 50 years. In a press release, PIB said that the core lines of the business will complement those of PIB which […]

After reporting a net loss of US$1.1 billion in the first half of 2020, Swiss Re showed some signs of recovery in its third quarter results, albeit its net loss was still heavy. This time around, the reinsurance giant has reported a net loss of US$691 million (around £534 million) for the first nine months […]

Read more: Markel director on communicating strategic direction The first lockdown was not the time to start proclaiming what the new normal might look like, he said, but instead to accept that the situation facing everybody was the furthest thing from normal and an opportunity to go the extra mile. For Markel UK, those early […]

After reporting a net loss of $1.1 billion in the first half of 2020, Swiss Re showed some signs of recovery in its third quarter results, albeit its net loss was still heavy. This time around, the reinsurance giant has reported a net loss of $691 million for the first nine months of the year […]

Many small and medium-sized firms also slashed cover for business property (23%), professional indemnity (22%), public liability (21%), product liability (18%), and cyber issues. Nearly one in five, or 19%, of the respondents have stopped paying for business interruption insurance, which has been the centre of many claims disputes recently, as COVID-19-related shutdowns wreak havoc […]

Specialist insurer Hiscox has bolstered its senior management team with the appointment of Louise Marling (pictured) as chief operating officer in the UK. She joined the company in December 2019 as interim change director. In her new role, Marling will be tasked with building on Hiscox’s “customer-focused” culture and will look for opportunities to improve […]