Insurer News – Page 251
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NewsChubb 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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NewsMobile 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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NewsL&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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NewsHailo 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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NewsOak makes hire from Zurich for underwriting head
Rowntree will report directly to Oak MD Mark Coffey
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NewsABI 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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NewsFOS 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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NewsInvestment 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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NewsStorm 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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NewsABI 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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NewsQBE performance expected to improve, says Moody's
Cost cutting and other efficiencies have strengthened the insurers balance sheet
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NewsPRA 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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NewsFCA 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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NewsBGL 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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NewsEx-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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NewsZurich reportedly to cut further 360 jobs globally
Latest tranche said to bring planned job losses to 1,800
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Online onlyABI 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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NewsLloyd'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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NewsFCA launches consultation on policy renewals
Proposals will address concerns that some consumers pay higher prices if they stay with the same insurer - FCA
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NewsSRA fines solicitor for breaching referral fee ban
Janet Cruise admitted paying £47,000 for 38 personal injury cases through an arrangement with a third party
