Broker News – Page 222
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News
Refusing 'unacceptable' motor business drives up LV= profits by 7%
But continued falling motor rates pushes premium income down by 4% in first half of 2014
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NewsCo-operative insurance commercial director joins Paymentshield
Lee Mooney joins as product, marketing and proposition director
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News
Premium rate phone line scammers target insurance brokers
Fraudsters posing as customers ask to be called back on 070 number
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Moorhouse bolsters its compliance as it faces FCA fine
Broker has made processes ‘more robust’ and increased risk and compliance resources
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NewsLyndon Wood urges brokers to ‘embrace regulation’ as his firm faces FCA fine
Regulator reviewed Moorehouse’s sales processes
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News
Businessman jailed for six years after attempted £2m arson con on Allianz
‘Justin Hindry’s attempt to scam Allianz also put the lives of the general public in danger’ - Allianz
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Referral fee ban erodes Carole Nash’s 2013 profit
But chief executive David Newman says 23% dip was built into plans
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Online only
Footman James partners with Chubb for vehicle collectors’ cover
The enhanced classic vehicle collector policy includes an extended range of benefits
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Online onlyBrightside vs Southern Rock: the war gets personal
Former Brightside boss Arron Banks is accused of ‘conspiracy’ in counter-claim for damages. Email extracts reveal the acrimony between the two brokers
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RFIB seeking new investor as private equity exit looms
Fenchurch helping broker search for fresh funds, but chief executive rules out outright sale or float
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US broker Kaufman buys Oval International in London expansion plans
Lloyd’s broker will return to the original name of Lochain Patrick it had before Oval Group buy
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Accident repair firm Nationwide pens £10m Allianz deal
Contract follows Allianz’s decision to reduce the number of motor body repair sites to “gain operational efficiencies”
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Online onlyBSS final call: Brokers, tell us what you think about insurers
All brokers that participate in the survey will receive free access to the Top 50 Brokers 2014 report and be entered into a prize draw
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News
More Than cuts premiums for drivers with emergency braking device
Insurer says many accidents are caused by late braking or braking without enough force
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Catlin replaces RSA on MGA's travel schemes
RSA says it has “mutually agreed” with Touchstone Underwriting to terminate their agreement
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News
Rising cost of insurance drives customers to cut back on cover
But a new study reveals “huge potential” for industry in premium finance market
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Henderson Insurance celebrates 10 years in business
Anniversary comes as broker forecasts revenue growth and recruits staff
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News
CGSC chief aims to restore 25% profit margins with cost cuts
Toby Esser says main savings will come from job cuts and shift to electronic accounting and settlement
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News
Keelan Westall managing director resigns from Gallagher
Wayne Tonge leaving ‘to pursue other interests’
