Insurer News – Page 252
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Willis deputy chief exec Steve Hearn joins Cooper Gay Swett & Crawford
Hearn will join Cooper Gay Swett & Crawford as group chief executive on 2 November
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UK General uses own capacity in travel insurance deal
MGA in distribution agreement with Irish broker Accident & General
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Moneysupermarket’s Peter Plumb to join Co-op board
Price comparison site chief executive is one of two new directors
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Willis Networks in talks with smaller members over remuneration
Move follows changes that Willis Networks introduced for larger WCN members last July
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Actress hits out at insurer after motor renewal quote jumps 157%
Admiral said it took non-fault accidents into consideration when calculating premiums
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Liberty Insurance to shed 270 jobs amid UK personal lines motor exit
All 270 jobs will go from Ireland - 250 from The Republic and 20 from Northern Ireland
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Clear Insurance Management profits fall 7%
But chief executive Howard Lickens expects recent acquisitions to contribute to growth in 2016
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UK General plans sale of personal lines schemes business
The division accounts for around 83% of UK General’s business by gross written premium
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Gallagher/Ross trial pushed back to February 2016
Court battle to coincide with Ross starting new job at Towergate
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Motor insurers will return to loss in 2015 - EY
Insurers make underwriting profit for second year running, but this will be ‘short-lived’
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Young driver price cuts push up premiums for older drivers
An increase in the popularity of telematics has pushed younger drivers’ premiums down by 24% since October 2013
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FCA plan to measure GI value prompts mixed response
DST says examining value for money alone is a ‘mistake’
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FCA unveils proposals to measure value of general insurance
Regulator seeks ideas from industry on how best to measure products’ value to consumers
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Newbridge launches political violence underwriting cell on MGA platform
The underwriting cell will focus on international terrorism risks
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FCA rebuffs criticism about cost of regulation
FCA confirms that proposed 8.5% fee increase on brokers and insurers will take effect
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FCA to review FSCS levy in 2016
The regulator said it knows FSCS levies are a concern to brokers
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S&P: Insurers face higher costs if UK leaves EU
Exit could ‘significantly dent’ UK’s trade surplus from insurance and financial services
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24 June 2015 issue
Read a digital version of the 24 June 2015 edition of Insurance Times. Cover story: QBE’s fight back. Also inside: ACE faces £30m payout for Alton Towers crash; Willis Networks confident despite defections; Who’s Who in Westminster; Technology puts the brakes on whiplash; Direct Line’s Mark Evans on redefining the ...