Premium income in the London company market increased to £28.4bn in 2018. GWP in London was £19.5bn, with £8.9bn written elsewhere but overseen and managed by London operations. International Underwriting Association data shows an overall rise of 8.1% (£2.1bn) on the previous 12 months and follows a 16% jump on the previous year.
Willis Towers Watson has today announced a partnership with insurance software provider, RDT, which will see the broker roll out its Radar Live price delivery platform.
The British Insurance Brokers’ Association has revealed details about its annual conference for 2020. The event will to be held in Manchester Central on 13 and 14 May 2020 with the theme ‘The Year to Pioneer’.
Generali UK has today launched a new mental health diagnosis service, in partnership with Best Doctors. The service is designed for Group Income Protection policyholders’ employees and their families. The insurer said it will be integrated into their existing mental health pathway, which may be tailored to individual employee and employer requirements.
MS Amlin has today confirmed its withdrawal from the aviation insurance market on both renewal and new business. The firm said that this change would not affect the aviation hull war portfolio, which will continue to be underwritten by the existing war team.
Royal London has introduced three new features to improve its income protection cover for NHS medical professionals, if they are unable to work due to long-term illness.