Insurer News – Page 227
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IFB and ICO to share information on data misuse
Recent IFB figures that fraudsters are changing tack and moving into other lines of organised fraud
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Chubb to offer cover against cyber bullying
The insurer says policy will cover the cost of professional help, time of work and possible relocation
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Mobile phone insurance provider faces possible FCA action
Mobile phone insurance market follow-up probe found some improvements, however this was not the case with many firms
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L&G staff to vote in final strike ballot over potential Kingswood closure
The final strike ballot will begin tomorrow and will end on 4 January
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Hailo co-founder warns against uninsured 'Wild West' drone users
Jay Bregman whose firm also develops control systems for unmanned aircrafts said cover was needed in case of accidents
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Oak makes hire from Zurich for underwriting head
Rowntree will report directly to Oak MD Mark Coffey
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ABI sets out insurer commitments to help Storm Desmond victims
The commitments enshrine our promise to customers on what they can continue to expect from us - ABI
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FOS receiving growing number of complaints about premiums
Some insurers are offering cheap premiums to new customers but longer-standing policyholders see year-on-year increases
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Investment in flood defences must increase - PwC
Defences in some areas of UK were unable to overcome Storm Desmond despite being built or upgraded in recent years
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Storm Desmond drives four-fold increase in customer calls to Allianz
AXA has put in extra staff in claims centres to deal with surge as industry braces itself for more rain
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ABI moves to reassure customers about insurers' response to floods
Currently there are 46 severe flood warnings in the North West where there is a danger to life - Environment Agency
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QBE performance expected to improve, says Moody's
Cost cutting and other efficiencies have strengthened the insurers balance sheet
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PRA approves 19 insurers' Solvency II models fully or partially
Regulator publishes list of general and life insurers whose internal models can be used from 1 January
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FCA renewal premium plan 'watershed moment', says AXA's Blanc
Insurance industry is waking up to the need for greater transparency and earning customer trust
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BGL in talks with staff as future of Dutch aggregator arm in doubt
BGL says if it cannot find a buyer for hoyhoy the business will be closed
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Ex-LV= personal lines underwriting head resurfaces at Esure
Elspeth Hackett has been appointed as head of personal lines at Esure in a newly created role
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Zurich reportedly to cut further 360 jobs globally
Latest tranche said to bring planned job losses to 1,800
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ABI welcomes FCA consultation on policy renewals
ABI says publishing prior year premiums will help encourage customers to engage with their policies
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Lloyd's Tom Bolt to depart in 2016
As director of performance management Bolt is responsible for the commercial performance of Lloyd’s
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FCA launches consultation on policy renewals
Proposals will address concerns that some consumers pay higher prices if they stay with the same insurer - FCA