Insurer News – Page 296
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NewsLV= victorious in fundamental dishonesty whiplash case
Michael Figg made his claim for compensation 18 months after the accident
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NewsCMA reviewing Willis's planned Miller acquisition
Competition regulator seeks views from third parties on proposed 85% stake purchase
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NewsBrit suitor Fairfax increases size of bond issue
Proceeds from $350m transaction will help pay for Brit acquisition
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NewsRSA expected to announce more cost cuts
Shareholders deem current £180m-a-year target to be too low, reports say
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Online only25 February 2015 issue
Read a digital version of the 25 February 2015 edition of Insurance Times. Cover story - insurers get tough with fraudsters; interim Towergate boss Egan refutes Broker Network sale rumours; Brit takeover – who will be next?; insurers have yet to exploit the sea of data at their fingertips; an ...
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NewsERS returns to profit in 2014 but vows to fix ‘unsustainable’ 101% COR
Lloyd’s motor insurer will now return to growth after 4.4% GWP dip, says chief executive Ian Parker
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Breaking NewsAXA to explain claims process in next phase of transparency initiative
Brokers have told AXA they find claims transparency documents useful at point of sale and renewal
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NewsCompetition from direct insurers biggest threat to brokers' home growth
But LV= says that brokers can still grow their book by providing advice and services to customers
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NewsIFB expands supervisory board with two appointments
Appointments form part of bureau’s new strategy to manage fraud across all product types
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AgendaInsurance Times and CII launch Apprenticeships LIVE
Event held on 9 March to kick-start National Apprenticeships Week
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NewsAllianz bolsters regional commercial teams with three promotions
New regional underwriting managers will be responsible for north, north-west and south-east
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NewsFitch reviews Brit debt ratings following Fairfax deal
Rating agency will downgrade insurer if it considers the takeover to be negative
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Online onlyArista strengthens Leeds underwriting team with new hire from RSA
Stuart Hudson will focus on property, casualty and motor fleet business
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Online onlyRSA sells Indian insurance arm for £46m
The deal is expected to be completed within six months
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NewsInsurers and banks in landmark fraud sharing initiative with government
Initial test phases have found that government and private sector firms are defrauded by the same people
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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




























