Insurer News – Page 299
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Online onlyHome and motor premiums fell 4.3% over 2014 - Biba/Acturis
SME premiums also continue to fall
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NewsBroker Network expands offering to Northern Ireland members
Irish members were previously part of Countrywide membership tier
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NewsRichard Pexton launches HNW MGA with former Oak team
Brit-backed Horizon aims to work with more than 150 provincial brokers
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Online onlyFootman James launches scheme for motoring journalists
The Guild of Motoring Writers will have access to specialist rates and tailored policies
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NewsBeazley profits hit by lower reserve releases
GWP improves but COR and pre-tax profits take a hit at the Lloyd’s insurer
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NewsPeter Cullum-backed consolidator funds broker Ropner MBO
Marine broker will use investment to expand business through acquisitions of teams
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NewsKeyless car thieves drive up auto thefts in London by 8%
Criminals use simple devices purchased online to bypass or hack into onboard electronic ignition systems
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NewsLloyds Bank raises PPI mis-selling compensation pot to £12bn
Lloyds is to detail the extra charges when it reports 2014 results on 27 February
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NewsGallagher hires aviation head from Tysers
Mark Walters chosen for his depth of knowledge and strong insurer relationships
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NewsCanadian insurer Fairfax to buy QBE's Ukrainian insurance arm
Acquisition follows purchase of QBE’s Czech Republic, Hungarian and Slovakian businesses two months ago
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NewsLloyd's broker doubles GWP to £70m with acquisition
Clegg Gifford’s acquisition of broker Westminster leaves former owner Tradex as insurer only
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NewsEx-Oval finance director returns to Gallagher as interim International CFO
Ian Story to replace departing Mark Mugge
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NewsBroker Principal secures £250,000 funding from Yorkshire Bank
It is the first time the broker has sought external funding since it was set up in 2011
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NewsLV= 2014 GWP shrinks as motor income drops by 10%
But total in-force policies grow by 4% to £4.6m in ‘challenging year’
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NewsNovae hires new casualty boss from Aspen
Rober Patten will also join the insurer’s executive committee
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NewsRSA makes internal promotion in global specialty business
Steve Slingsby will take on the role of operations and change director
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NewsMotor premiums fall by 4% in 2014 - ABI
But in last quarter of 2014 the average premium was up 1% when compared to same period in 2013
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NewsIFED confirms Angie Rogers as Dave Wood's successor for unit head
Wood had been head of the unit for three years
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Online onlyAllianz selected as Verex motor insurance partner
Insurer will provide claims and underwriting services for vehicle manufacturers and dealers
