Latest News – Page 1026
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Firms not facing up to cyber insurance threat
Marsh survey says 54% of firms have had a cyber attack
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Trade credit premiums increasing, says Marsh
Increasing risk and bad debt losses fuelling rise, broker reports
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AXA creates new role to support broker deals
Ed Pugh moves into new head of deals position, while Reading, London, Ipswich and Manchester branches get new heads
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Bluefin poaches Towergate acquisitions director
Bluefin says search for acquisitions will be ‘aggressive’
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Giles losses grow to £39.5m
Net debt and interest also increased, but financial director says it’s EBITDA that matters
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HCC International promotes Simon Button
Former head of energy and marine underwriting takes on chief underwriting officer role
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Ex-AXA boss Steve Hardy and Brendan Devine plot market return
Duo to set up motor insurance intermediary
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Four in ten travel insurance claims fraudulent, says VFM
Number of baggage claims up 140% in a year
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Scottish drivers most likely to hit a lamp post
Claims study by Admiral also found Liverpool and Manchester drivers most likely to colllide at traffic lights
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FCA gives firms a year to overhaul motor legal expenses sales
Regulator publishes findings of thematic review
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Brit Group enters political and credit risk market
Peter Jenkins and John Lentaigne head up new division
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MoJ to name and shame dodgy CMCs
Details of breaches and investigations to be revealed on regulator’s site
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Hiscox appoints new European chief operating officer
Florence Tondu-Melique will be based in Paris and oversee the insurer’s 10 European offices
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Moneysupermarket founder nets £200m in share sale
Simon Nixon sells an 18.5% stake in the company
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Prudential appoints new non-executive director
Insurer hires former Morgan Stanley senior adviser Alice Schroeder