Insurer News – Page 315
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Aspen replaces Catlin on waste facility
Miles Smith reveals new lead underwriter on wholesale arrangement
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Brown sells RSA shares ahead of departure to Gallagher
UK chief’s wife offloads RSA stock worth £884k
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RSA cuts ties with 800 personal motor brokers
Forty sales and service roles will be made redundant
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Marsh appoints new head of placement in national corporate business
Businesses recovering from financial crisis are still mindful of risks and are using insurance to protect balance sheets - Marsh
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Homeserve loses UK customers in wake of mis-selling fine
Pre-tax profits drop 63% after record FCA fine
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Opaque exclusive arrangements could breach FCA principles – IBSC
Consultation on whether brokers must tell clients about exclusive deals
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TEn pens motor trade binder deal with LV=
TEn aims to write over £500,000 in premiums with LV= over the next two years
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Struggle to handle increase in data could cause fraud to escalate
But 65% of brokers say greater digitisation of information will help
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Ageas to underwrite John Lewis car insurance
Cover will be available through direct and aggregator channels
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RSA sells Canadian broker Noraxis to Gallagher for £273m
Sale is expected to add £225m to RSA’s tangible net assets - improving the group’s capital strength
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Underinsurance fears as brokers don't know how much their own jewellery is worth
RSA urges brokers to recommend professional valuations to clients
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Covéa personal lines director Colin Batabyal departs
Departure to ‘pursue new opportunities’ after four years
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NewsAviva’s UK underwriting head leaves for Argo
Replacement sought as Axel Schmidt heads to Bermuda-based insurer
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AXA's Matras confident about 'common sense' approach to underwriting
Returning personal lines boss says business restructure will place decision making power where it is needed
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Canopius splits marine and energy division
Change aimed at maximising growth opportunities following Sompo acquisition
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Novae hires UK property underwriter from Torus
Mervyn Albon to grow Lloyd’s insurer’s UK and European property book
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Comparethemarket founder worth £600m
The Sunday Times Rich List names Douw Steyn as the richest man in insurance
