Zurich Insurance Group has invested $60m (£46.65m) in Cowbell, a provider of cyber insurance for SMEs. The investment has taken Cowbell’s total raise to date to $202m. Cowbell officially launched in the UK market in April 2023, with plans to sell its products exclusively through brokers. The US cyber expert rolled out its standalone offering … Read more
Allianz has refreshed its motor trade product with the aim of reflecting the evolving needs of its customers and the technological changes that are affecting the sector. The updated wordings and limits to both motor trade select and complete motor trade products include a number of key cover changes, such as comprehensive electric vehicle cover, … Read more
Dual is targeting Bristol and Manchester for the two regional offices previously promised this year, Insurance Age can reveal. In April Insurance Age broke the news that the Howden-owned managing general agent would be opening the UK offices, aiming for 12 to 15 staff in each, to build its regional broker business. “We are making … Read more
Charles Manchester shares his reflections on the challenges and achievements during his time in the market as well as the outlook for MGAs and opportunities for the sector. As revealed by Insurance Age, Manchester Underwriting Management founder Charles Manchester retired from Pen Underwriting this month. According to the now ex-chair of Pen Underwriting’s UK financial … Read more
Which? finds 48% of people making claims experience at least one problem – Insurance Age End of drawer navigation content Skip to main content Which? has called on the Financial Conduct Authority to take tough action against firms over claims handling failures, arguing consumers are suffering from “significant harm”. The consumer champion’s in-depth analysis of … Read more