Brightside’s Brendan McCafferty on why the insurance industry needs to get real on its social contract
The insurance industry needs to find the right answers quickly if it is going to rebuild its reputation with the public, particularly after the recent business interruption court case and dual pricing headlines, says Brightside CEO Brendan McCafferty.
Managing general agents and coverholder brokers remain optimistic about the sector’s prospects despite warnings from lawyers on the implications of the recent business interruption court case.
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
No – it’s not a Harry Potter spell. This week the Financial Conduct Authority said it would whip out the ‘contra proferentem’ argument on behalf of policyholders in its business interruption test case against insurers.
Blog: Brightside's Richard Beaven on Pride month and why promoting inclusion is even more important today
As an industry there has been slow progress to move the needle on our ‘pale, male and stale image’ and while we continue to see signs of change we should all be driving towards greater inclusion explains Richard Beaven, chief operating officer at…
Complete Cover boosts management team with four hires including ex-Markerstudy and Brightside leader Russell Bence
Non-standard motor specialist Complete Cover Group has recruited a four-strong team of senior managers with experience from Hastings, Kwik Fit, Markerstudy, Brightside and Ageas.
The gender pay gaps of top insurance brokerages showed little movement in 2019, with the divide between the mean pay of men and women shrinking by 0.33% while the gap in median pay grew by 0.34%.
Be Wiser Insurance has appointed RWA founder Robin Wood and Das UK chairman Neil MacMillan to its board, Post can reveal.
As insurers are fond of saying, every claim is an opportunity to show their customers the value of what they get for forking out their premiums.
Some firms are telling their staff to avoid all but essential work travel in the UK due to coronavirus concerns, leading to some insurance event postponements and cancellations, Post has learned.
Personal lines insurance providers are faced with a potentially “lethal” situation if call centre staff cannot go into work en masse due to coronavirus disruption, compliance experts have cautioned. Post asked brokers and insurers how they are preparing…
Acquisitions in the UK distribution space rose 13% last year, according to research by Imas Corporate Finance. Post investigates what is driving the increase in consolidation and the challenges buyers are facing in their traditional hunting grounds
The UK motor market had the unwanted title of the biggest riser in the annual global reinsurance renewal season this January, adding another reason for intense scrutiny on insurance pricing in the loss-making sector
Arron Banks’ Somerset Bridge Insurance Services has appointed Christine Oldridge and Damian Arnold as non-executive directors.
Sharon Beckett has been promoted to CEO of Be Wiser, with Mark Bower-Dyke ending his dual role at the broker and remaining as chairman.
Right now in the UK our politics is stuck fast in factionalism, ideology and conflicting interests, creating public disquiet. Derek Henry, managing director of broking at Brightside, argues business is up in arms too, pleading with the government for…
In just over a fortnight I will be leaving the world of insurance, after 42 months in the job and almost twelve hundred bylines under my belt. Here’s what I’ve learned.
Go Compare was criticised this week for an arguably tone-deaf advert in which its singing mascot was involved in a serious car accident.
Brightside will further invest to grow its managing general agent Kitsune this year, as the number of wholesale brokers with agencies reached 13.
Brightside made a loss before tax of £10.3m for the year ended December 2018, but CEO Brendan McCafferty expressed confidence the business was improving.
Nothing says team building quite like stumbling around a dark maze, falling headfirst into mirrors and haphazardly shooting lasers at your colleagues. Or so the democratic vote we held a few weeks earlier decreed.
Brightside has appointed Derek Henry as managing director of broking, following the departure of Russell Bence.
Brightside managing general agent Kitsune Associates passed 10,000 policies sold last month and is on-track to meet its first year gross written premium target, according to managing director Trevor Bowers.
Brightside’s chief financial officer, Ian Sutherland has left the broker.