Insurer News – Page 211
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Flood Re reveals initial list of signed-up insurers
Brands on list represent more than 50% of home insurance market
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360Globalnet expands market reach of high-speed claims settlement tool
Technology harnesses the power of self-service on mobile devices
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AXA expands cover on e-trade offering
E-trading director Deepak Soni says changes have been made as a result of broker feedback
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RSA completes sale of Colombian operation
Insurer expects to complete sale of remaining Latin American units in next six months
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Premium finance firm Bexhill hires commercial director amid growth plans
Bexhill says it is a seeing a demand from brokers for new premium finance solutions
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Zurich Group boss Greco confident insurer will improve profitability
Mario Greco has told has told shareholders the group will see better results after a disappointing 2015.
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Gable misses Solvency II capital deadline
Insurer has entered transitional measures which gives an insurer until 31 December 2017 to fully comply
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Gable expects up to £8m pre-tax loss in 2015
Claims bill from December floods is expected to be between £2m and £3m after reinsurance arrangements
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ZTrade 'meeting targets' as Zurich irons out 'teething problems'
Insurer has been investing time in improving ZTrade’s technical capabilities Brokers can now get indicative price quotes in under a minute Zurich says it is converting a third of business it puts through the platform
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Zurich commercial broking arm to give branches more control
Insurer says changes will improve the way Zurich trades from its branches
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FCA: general insurance complaints dropped 3% in second half
Consumers made 296,505 general insurance complaints in six months to 31 December 2015
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Saga to pass 75% of its motor risk to Munich Re subsidiary
Three-year quota share deal will lead to capital reduction at Gibraltar-based Acromas Insurance Company
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Aviva boss Mark Wilson’s 2015 pay more than doubled to £5.7m
Insurer’s executive directors to get 3% rises in base salary from April
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RSA criticised for limiting vet choice in pet insurance - report
Insurer’s More Than and Tesco policies limit policyholders to 28 approved vets
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Seventeen Group expands Scottish presence with latest purchase
The broker has acquired Annandale Insurance Brokers
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Allianz sells UK employers’ liability run-off book
Deal is first significant UK employers’ liability acquisition for run-off buyer Catalina
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Berkshire Hathaway backs London MGA’s motor fleet foray
Unicorn MGA set up by US broking group AmWINS
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AIG Europe reports flat 2015 profit in tough market
Insurer cuts back in personal accident amid “challenging conditions”
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Pet insurers pay out £657m in claims
The more unusual pet insurance claims included a python who needed treatment for anorexia at a cost of £200