Insurer News – Page 273
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NewsTowergate's BiBU makes raft of hires to strengthen farm and motor team
MGA has doubled its GWP over the past four years
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NewsOpportunistic CMCs targeting retailers to blame for surge in liability claims
Rise in CMC activity encouraging claims coincided with introduction of motor reforms - AXA
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NewsAXA joins Keychoice home insurance panel
Insurer creates exclusive home product for network’s members
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NewsFlood Re’s go-live date still in flux
‘Significant’ testing will be required once the scheme is set up this summer, says chief executive Brendan McCafferty
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NewsCanadian insurer Fairfax to buy Brit for £1.22bn in cash
Offer is 1.73 times Brit’s net tangible assets
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NewsClear Insurance acquires north London broker
J H Hibbert will continue to be led by managing director Geoff Beaver
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NewsRSA makes internal promotion for key broker relationships role
John Walsh has been promoted to regions director UK specialty lines in a newly created role
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NewsHelios Underwriting buys Lloyd's vehicle Updown in £600,000 cash deal
Deal will increase Helios’s underwriting capacity to £22.3m in 2015
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NewsGovernment's failure to kick start motor reforms risking young drivers' lives
The ABI has called for reforms to drive down the cost of motor insurance for young drivers to be kick started again
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NewsGauntlet Group hails use of appointed representatives as growth driver
Business generated through appointed representatives now makes up a third of broker’s £1.8m annual income
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NewsThe Knowledge Live: SME marketplace set to boom over the coming year
93% of brokers expect their SME books to grow over the next 12 months
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Online onlyAIG’s profits drop 67% as prior year claims bite
AIG hit by debt payments and prior year claims
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NewsZurich’s Dave Smith: More good weather could undermine price discipline
Chief executive said obstacles prevented stronger growth in 2014
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NewsAndy Watson: Some competitors are cutting motor rates
Ageas UK chief executive not confident that pricing will improve despite optimism elsewhere
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NewsZurich UK’s Dave Smith hails return to growth in 2014
General insurance business grows 2.2% after years of personal lines cutbacks
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NewsZurich UK’s combined ratio drops to 95.5% in 2014
UK general insurance operating profit increases 26%, group results show
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NewsFlood Re appoints Capita as managing agent
Outsourcer wins five-year contract from flood insurance scheme
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NewsAgeas UK profit rises 11% thanks to life business sale
Sale gains and legal settlement proceeds mask lower profit in insurance and retail divisions
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NewsNCI reveals plan behind new non-standard motor scheme
Scheme to be rolled out in March forms part of group plans to reduce dependency on standard motor
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NewsElite teams up with broker to launch insolvency ATE product
Legal expenses policy only available until 1 April Laspo deadline
