Latest News – Page 326
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NewsInsurdata’s UK entity enters voluntary liquidation
The chief executive says the liquidation is a matter of reorganisation
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IT Interview‘Choosy’ capacity post-Covid could hit MGA consolidation
However, having capacity to back up specialist schemes could provide ‘one more bite of the cherry’ says broker chair
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NewsSpoof ‘click-to-dial’ ads for claims management companies rife
Insurers have been warning customers about the dangers of ‘click-to-dial’ spoof ads for years
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NewsAllianz reveals £65.8m worth of insurance fraud in 2020
Cavity wall insulation claims remain a heavy focus for fraudsters
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NewsFCA’s pricing reforms are ‘right step’ – Covéa’s James Reader
The chief executive believes that pricing changes are not something that could be achieved with ‘small tweaks’
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NewsLemonade gears up to enter car insurance market
It marks the insurtech’s third expansion into a major new insurance category in less than a year
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NewsMacbeth buys Buckinghamshire-based broker
The deal marks the firm’s second acquisition in 18 months
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NewsAviva promotes personal lines MD to chief distribution officer
The insurer confirmed today that Phil Bayles will be leaving the firm for a new role at Ardonagh Advisory
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NewsAviva’s Phil Bayles accepts new role at Ardonagh Advisory
Chief executive says Bayles’ appointment ‘feels like the stars aligning’, empowering him to ‘make an indelible mark on our value creation story’
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NewsRight Choice Insurance Brokers buys Kingfisher-owned Fresh motor brands
Broker chief executive hopes the deal marks the ‘first of many acquisitions’
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NewsShed and garage offices cause divide between insurers
Insurers are held back by legacy systems that are siloed with a single line of business
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NewsUK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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NewsKingfisher UK appoints chief information officer
The new appointment aims to use technology and data to lead change
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NewsArdonagh Group’s retail platform purchases Be Wiser assets
The move follows job losses at Be Wiser earlier this year
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NewsABI reveals ‘biggest ever’ drive to boost customer mental health standards
The trade association aims to help all vulnerable customers navigate insurance products
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NewsClose Brothers Premium Finance urges brokers to ‘change gear’
Brokers ’need to change gear and do their bit to bring about a full recovery in 2021’, says financial services organisation
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NewsDog thefts pushing up pet insurance prices – Comparethemarket
The PCW found that policyholders living within the same part of the UK could be paying vastly different pet premiums
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NewsGuy Carpenter appoints former Swiss Re director as MD and co-head of cyber
The newly created role demonstrates the broker’s ambition to strengthen its market position in this line of business
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NewsTwo insurers sued for £2.6m for alleged ‘waterproofing blunder’
In an ongoing case, Aviva is one of the insurers accused of failing to inspect and repair water damage
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NewsLack of insurance solution causes yet another music festival to cancel
The absence of a state-backed insurance scheme has left organisers in a ‘tricky position’
