Latest News – Page 235
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Taxi driver pays £12,500 in damages after staged three vehicle crash
The savings associated with preventing the fraudulent claim, including legal costs, amount to £175,000, according to law firm
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Liz Truss prime minister victory could spell FCA and PRA merger
Any regulator - combined or separate - must be ’accountable, agile [and] responsive’, says compliance expert
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Aston Lark snaps up Essex-based broker with ‘identical customer service ethos’
The acquired business has been broking insurance since 1979
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Man jailed after using different identities to submit fake travel insurance claims
Aviva was one of six insurance companies impacted by the 27-year-old’s fraudulent activity
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Ex-Lloyd’s Lab head Ed Gaze scoops new role at alumnus insurtech
The insurtech was part of Lloyd’s Lab’s cohort four, during Gaze’s tenure at the accelerator programme
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Seventeen Group buys Glasgow-based property sector specialist broker
The intermediary organisation plans to ‘build our business in Scotland’, according to chief executive
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Previsico plans US expansion following partnership
The insurtech has started its American expansion in New York City
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PIB Group inks acquisition deal with Irish family-run broker
The transaction is PIB’s seventh retail investment in Ireland to date
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Marsh and Ascot Group deliver first placement of marine cargo and war insurance
The facility is now available to clients of Lloyd’s of London registered brokers
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BGL Insurance appoints managing director of distribution
The firm’s customer director has been promoted into the newly created role
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H&H Insurance Brokers opens Wrexham office to continue Wales expansion
The broker has plans for ’further growth and expansion in the future’, says associate director
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Seventeen Group gains ‘home in Glasgow’ with new broker buy
The acquisition will provide ‘further opportunities for clients and staff who value continuity and quality advice’, says chief executive
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Marsh launches new (re)insurance capacity for hydrogen energy projects
The broker states that adequate insurance provision for greener technologies is lacking
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Crawford and Company allows UK employees to adjust bank holiday time off
The loss adjuster’s UK and Ireland president says staff can now swap time off for bank holidays based on what suits them best - be it Eid al-Fitr or Easter
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Aviva’s Nick Major and Simon Mobey step down
The staff changes have triggered a c-suite reshuffle
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Current level of industry regulation is ‘suffocating small brokers’ – Stanhope Cooper
Broker boss believes regulation for brokers has ‘gone too far’ and is ‘anti-entrepreneurialism’
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Tesco Bank appoints new chief customer officer
The new hire will oversee the firm’s proposition for customers across its insurance, banking and money service divisions
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Cyclists could be required to purchase mandatory insurance following Transport Bill review
UK’s transport secretary implied that he is not a fan of unnecessary ‘bureaucracy’, however
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Lloyd’s of London sets cyber policy exclusions for state-backed attacks
Managing agents must show that exclusion clauses have been legally reviewed
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Insurtech investments fall in 2022 amid Covid and cost-of-living crisis – GlobalData
The data and analytics said insurtechs will need to refocus as a result of tough economic times