Insurer News – Page 310
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NewsBrightside hires Lloyds Bank underwriting manager to grow home book
Chris Gardner will be responsible for building and pricing home insurance products
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NewsMarkel launches first solo cyber product and new technology liability cover
Insurer targeting emerging market risks
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NewsLloyd's broker EPG expands and rebrands to Shepherd Compello
Shepherd Compello wants to expand into marine cargo, high net-worth and commercial property
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NewsAllianz UK appoints head of telematics
Corporate partner strategy manager Glen Clarke promoted to new role
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NewsLV= to get closer to brokers with marketing director promotion
The insurer says its new insight programme will help it gain a better understanding of brokers’ changing needs
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Online onlyTwo-thirds of motorists making driving blunders during floods
AA warns that 60% of drivers are still taking unnecessary risks by driving through flood water
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NewsCapita Insurance boss Nick Greatorex promoted to group finance director
Greatorex will be replaced by executive director of health and wellbeing Jim Vincent
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NewsGibraltar insurer Octagon seeks capital as solvency margin drops below 100%
In another development, sources suggest firm is seeking a buyer
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NewsLloyds Bank to cut 1,250 critical illness and income protection roles
Bank to stop selling protection insurance as a standalone product
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NewsNicolas Aubert to replace Steve Hearn as Willis UK Insurance boss
Aubert is currently AIG Europe, Middle East and Africa (EMEA) chief operating officer
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NewsAXA launches new data tool to help brokers assess risk of new business
Brokers will get to see information ranging from; financial performance to flood, subsidence and theft issues
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NewsAviva to axe 30 jobs from Belfast office
The roles affected will be in the claims department - according to reports
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NewsFormer Bluefin director completes MBO of Bradford-based broker
Marshall Sugden wants to grow Packetts, formerly Sydney Packett & Sons, to be a £20m premium income broker
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NewsDiversification boosts Catlin GWP by 11% despite rates decrease
The rates across Catlin’s entire portfolio decreased by 2.9% during the nine-month period
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NewsInsurance companies owed £429,051 by collapsed London broker
The FCA cancelled EPLS’ permission to sell financial services in September
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NewsRyan Specialty Group hires new D&O MGA chief exec from Argo
The newly formed RSG Underwriting Managers (RSGUM) Europe will write cover for Fortune 1000 companies
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NewsQBE Europe motor head Talbir Bains departs after 10 years
Retail managing director David Hall will assume interim responsibility for motor
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NewsBrit draws line under old liabilities by exiting reinsurance deal
Lloyd’s insurer’s GWP grows 4.9% despite tough market conditions
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News
Novae in ‘strong position’ after 6.3% GWP growth in year to date
Surge in marine, aviation and political risk GWP offsets declines in property and casualty
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NewsTelematics 'failing to prove value in personal lines motor'
But motor brokers speaking at the Insurance Times Broking in the Motor Revolution conference added that the technology could help reduce loss ratios in the commercial market
