Insurer News – Page 230
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NewsICO fines PPI claims company £80,000
UKMS Money Solutions Ltd (UKMS) sent more than 1.3 million spam texts
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NewsICO to probe more than 1,000 data sellers
Companies are believed to play role in compiling and selling names and numbers used by cold callers
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NewsDiscontinued insurer deals drive 8.7% fall in Broker Network income
Adjusted EBITDA also fell by 30%
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NewsInnovation Group joins Startupbootcamp
Innovation Group will provide guidance on market exposure and the global property and motor claims sector
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NewsRegulatory probes cost Towergate £8.8m in first nine months
Towergate has also moved the date when it expects to start paying customer redress, if any, to Q1 2016 from Q4 2015
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NewsEY: Motor rates set for biggest rise since 2011 next year
UK motor market to report COR of 102.2% in 2015 and 103.8% in 2016, firm predicts
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NewsMcLarens operations head promoted to chief exec
Gary Brown will replace Vern Chalfant, who will become executive chairman
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NewsAIG UK chief McNamee to leave as part of group-wide cuts
More than 300 people affected globally under changes
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NewsFSCS steps in to rescue Berliner policyholders
General liability and professional indemnity insurance policyholders could be eligible for FSCS protection
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NewsInsurers to retain more risk under terrorism scheme
Scheme boosts retention to £135m per event, but caps annual retention at £270m
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NewsRunning claims fraud team costs LV= £4.5m annually
The number of vishing calls that LV=’s staff receive is rising
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NewsJudge clears broker boss in motorcycle death collision trial
Judge ordered jury to return a not guilty verdict to Sean McClarron
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NewsNew chief executive for Lloyd’s insurer Talbot
Peter Bilsby to take over as current chief Rupert Atkin moves to chairman role
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NewsBrightside Group capacity director departs
Keith Jackson has left the broker and is on gardening leave
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NewsWillis Networks launches mobile phone web-app for members
The app allows clients to submit information to their broker instantly
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NewsBrokerbility's broking business targets £100m GWP
Broker wants to grow organically and through acquisitions
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NewsRSA tipped as frontrunner to win Nationwide deal from DLG
In its half-year results in August DLG revealed that Nationwide was reviewing its home insurance contract
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NewsTop 50 Insurers 2015: Industry enjoys improved performance
Industry reports underwriting profit for first time since 2006
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NewsZurich UK claims boss to depart as personal lines MD named
Karl Helgesen will replace Tony Emms, while Patrick Cohen has been promoted to personal lines MD
