Insurer News – Page 170
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Admiral axes van panel to go direct
Admiral axes van panel to underwrite policies directly rather than through its broker business
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Flood Re changed the market in its first year - chairman
Flood-hit customers now have far more choice, says Flood Re on its first anniversary
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Latest industry take-up of insurance fraud register revealed
Insurance fraud register has also been opened up to non-insurers
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Jon Hancock makes mark as Lloyd’s fines Amlin
First big move for RSA’s Jon Hancock in new Lloyd’s role
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Two thirds of at-risk Kwik-Fit Insurance staff find new jobs
Uddingston office in Scotland which housed Kwik-Fit Insurance staff and business closes today
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Stuart Reid mulls return to industry this year
Stuart Reid stepped down as Gallagher retail boss last year after waiting more than a year for FCA approval
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Lloyd’s chair urges cost cuts as underwriting profit dives
Lloyd’s underwriting profit dives as big claims hit
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Lloyd’s confirms location for post-Brexit EU unit
Insurance market moves to preserve post-Brexit EU access
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ERS operations chief to depart as IT overhaul complete
New ERS operations chief promoted from within will lead on next stage of IT strategy
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FCA slams poor practices around motor insurance fees and charges
A study has found some insurers and brokers are not disclosing motor insurance fees and charges properly
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Hyperion unveils regional broking expansion plans with new office
The broker has also made a senior hire as Hyperion unveils regional broking expansion plans
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Competition watchdog launches 2nd aggregator probe amid concerns
Aggregator users think tools work well but competition watchdog has identified four areas of possible concern
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Analysis: Most recommended insurer rankings revealed
Premium content: The most recommended insurer rankings show traditional insurers being supplanted by new players
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Former Gallagher employee jailed for fraud
Former Gallagher employee jailed for fraud after crime was discovered as a result of the broker’s governance and control process
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Regulator's Solvency II review to tackle onerous reporting burden
Amendments to the risk margin will also be considered as part of the regulator’s Solvency II review
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Ecclesiastical UK profit more than doubles
Discount rate cut has ‘minimal impact’ on Ecclesiastical UK profit
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LV= has discussed merger and GI unit sale
LV= has discussed merger amid tough trading conditions, report said
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Esure profit jumps but home unit makes loss
Discount rate change only had small impact on Esure profit
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AIG chief exits over lack of shareholder support
Fear of undermining progress prompts decision as AIG chief exits