Insurer News – Page 194
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NewsHuge Ogden rate hit pushes LV= GI unit to loss
Insurer’s GI unit would have made bigger profit without ‘extremely disappointing’ Ogden rate hit
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NewsOgden and IPT could push motor rates past 2011 peak
Motor rates jump in first quarter of 2017, Willis/Confused index shows
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NewsLondon ghost broker sentenced for LV= fraud
Suspended prison sentence and 120 hours’ unpaid work for ghost broker
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NewsLarge-scale crash for cash gang receives long jail sentence
The large-scale crash for cash gang was involved in fraud potentially worth more than £500,000
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NewsAdmiral axes van panel to go direct
Admiral axes van panel to underwrite policies directly rather than through its broker business
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NewsFlood 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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NewsLatest industry take-up of insurance fraud register revealed
Insurance fraud register has also been opened up to non-insurers
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NewsJon 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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NewsTwo 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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NewsStuart 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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NewsLloyd’s chair urges cost cuts as underwriting profit dives
Lloyd’s underwriting profit dives as big claims hit
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NewsLloyd’s confirms location for post-Brexit EU unit
Insurance market moves to preserve post-Brexit EU access
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NewsERS 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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NewsFCA 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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NewsHyperion 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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NewsCompetition 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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NewsAnalysis: Most recommended insurer rankings revealed
Premium content: The most recommended insurer rankings show traditional insurers being supplanted by new players
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NewsFormer 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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NewsRegulator'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
