Commercial Lines related articles – Page 396
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Management shake-up at Kwik-Fit following AA acquisition
Kwik-Fit has announced a range of management changes following the acquisition of the AA by its parent company CVC Capital Partners in conjunction with private equity firm Permira Advisers.Former Kwik-Fit fleet sales director Mike Wise has been appointed, on an interim basis, to co-ordinate Kwik-Fit’s core UK activities.This follows the ...
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Capital requirements unveiled
From 31 December this year, the UK's general insurers must comply with the FSA's new risk-based capital rules. The FSA published its capital requirements for insurers last week, based on CP190. …
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VCS aim for AA to double
New owners plan to double value but will not merge it with Kwik-Fit
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Best from the web...Legal costs check
Legal costs checkBrokers must check the credentials of both after-the-event and before-the-event insurers, Arc Legal Assistance has warned.The company said it hadcreated a checklis …
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Amicus warns insurers of strikes
Lloyds TSB and Aviva face action over offshoring and executive pay
