All articles by James Cowen – Page 14
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NewsFCA issues update on investigation into premium finance market
’Typically, when firms charge extra for premium finance, the annual percentage rates are in the range 20-30% but almost 20% of consumers pay over 30%,’ says regulator
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NewsFCA taking action against firms after finding evidence of ‘poor’ handling of insurance claims
’Insurance provides peace of mind but people must be confident they can get a fair deal and be treated right when the worst happens,’ says deputy chief executive
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NewsMIB pledges to end uninsured driving in new five-year plan
The MIB has also called on the fine to be quadrupled to £1,200
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NewsCFC declines to comment as it reportedly considers £5bn UK listing
It has been reported that the firm is considering an IPO
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NewsUS insurance group rebrands UK firms as it consolidates international brands
’The rebranding is another important step forward in the evolution of our international operations,’ says co-president
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NewsAviva doubles offshore renewable energy capacity to £150m as senior hire announced
’Aviva’s significant expansion in offshore renewables capacity reflects our continued investment in building a market-leading renewable energy proposition,’ says director
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NewsMGA secures new capacity for PI risks as deal secured
’We look forward to growing our capabilities and reach yet further,’ says chief executive
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NewsAon scrambles new reinsurance lineup after Neal reverses decision to join broker
’These appointments reflect the depth and quality of leadership across our firm,’ says leader
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NewsAventum-owned broker snaps up underwriter from Howden's MGA as it launches new binder
’This binder with its quality paper, speed, service and competitive premiums brings much needed product innovation to an underserved sector of the market,’ says managing partner
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NewsAon to launch UK-based captive management company after government announcement
’The UK is already home to the world’s leading insurance marketplace in London and it’s only natural that it should also be a competing jurisdiction for captives,’ says leader
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NewsNew UK captives framework gets green light
’The government’s view is that a new captive insurance framework will help cement the UK’s position as a leading international jurisdiction for insurance and risk management business,’ says government
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NewsAventum-owned MGA hires ex-Aviva underwriter to lead new surety division
’He’s a talented underwriter with a strong track record and brings energy and experience to a complex market,’ says chief executive
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NewsInsurance body rebrands and relaunches London division
’London is the global hub for major, complex risk – and the partnership between reinsurers, insurers, brokers and legal representatives is essential to its continued success,’ says president
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NewsBroker launches new specialist data centre insurance arm
’Data centres are among the most critical and energy-intensive assets in the modern economy,’ says chief commercial officer
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NewsWillis appoints new head of London market claims
’He has delivered outstanding outcomes for Willis clients for many years,’ says head
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NewsAon unveils new full-life cycle insurance facility
’The result is greater capital efficiency, faster execution and stronger resilience across infrastructure projects,’ says broker
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NewsAllianz becomes Volkswagen Financial Services’ new motor insurance provider
’We will work closely with VWFS UK to offer their customers innovative and flexible insurance products and services that meet their changing needs,’ says managing director
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NewsPIB Group ends Gallagher sale talks and reveals £400m debt raise
’This finance provides PIB Group with significant capacity to fuel our planned growth as an insurance broker focused on European markets,’ says chief executive
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NewsNew MGA using AI-enhanced algorithmic underwriting launches
’The London market is not broken. It needs a steady hand to implement new technologies, such as AI, to enhance the way insurance operates,’ says chief executive
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NewsAllianz Commercial announces two UK leadership appointments
’These appointments are part of our UK strategy, aimed at cementing Allianz Commercial in the UK market,’ says managing director
