elseco has announced the successful acquisition of Compass Underwriting, a London-based underwriting team focussing on Accident & Health and Marine specialty insurance business. With immediate effect and providing a seamless continuity of all underwriting activities and claims services, Compass Underwriting MGA team will operate under the...
Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies. Further information about the proposal...
Specialist underwriting agency Compass Underwriting has won the underwriting and service contract to provide term life mortgage cover for digital mortgage broker, Habito. Underwritten by AIG Life, the policy will match the period of the mortgage and can cover single or joint applicants. It also offers...
Compass Underwriting, a leading specialist underwriting agency in the A&H market, has partnered with specialist intermediary Bikmo to provide an accident and injury insurance product for self-employed couriers working in the gig-economy. Designed for gig-economy platforms to cover all their self-employed contractors on a group basis,...
This article was originally published in Insurance Day on 2 March, 2018 - Click here to read the original article. Newly decriminalised marijuana businesses in the US present huge opportunities for the insurance market but the legal minefield between state and federal legislation will require careful...
City Insurance Brokers Ltd in association with Compass Underwriting have launched what is believed to be one of the first catastrophe profit protection schemes – Profit Commission Coverholder Protection (PCCP). Aimed at managing general agents and brokers with delegated binding authorities, the scheme indemnifies the...
Andrew Briant explains how a growing number of people in the UK will not qualify for standard term life cover, and what their alternatives might be. The data is daunting. In 2016 it was estimated that 13 million people in the United Kingdom have been diagnosed,...
The word “disruption” has become widely used to describe new and innovative businesses. It is often used incorrectly; not every new or innovative idea constitutes disruption. But there are many examples of true disruption occurring, increasingly to the detriment of large incumbent organisations. One good example is...