Latest News – Page 414
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NewsGuy Carpenter partners with Charles Taylor InsureTech on future proofing proposition
It will mean greater operational efficiencies and cost savings for Guy Carpenter
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IT InterviewBroker consolidation not ‘a good thing for the future’, says Kennett boss
Brokers and startups will turn to reinvention in the long-term, but for now, consolidation is ‘here to stay’
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NewsPIB Group buys commercial broker to boost motor proposition
The acquisition aims to support the recent purchases of Cooper Solutions and Cooke and Mason
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NewsInsurers and fleet operators offered supply chain continuity support amid coronavirus outbreak
It has access to 3 million quality tested, warranty assured reclaimed parts to support the vehicle repair market
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NewsFSCS steps in to protect solicitors amid collapse of insurer
The insurer has been under administration since March 2018
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NewsFraudster pleads guilty after CCTV thwarts fake personal injury claim
If successful, the Welsh claimant would have fraudulently received a £6,680 pay out
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NewsSmaller investments and new technologies continuing to drive M&A
As insurers prepare for post-Brexit operations law firm Clyde and Co notices some trends in deals in the UK and Europe
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NewsAon to buy Willis Towers Watson for $29.9bn
Deal is expected to generate nearly a billion dollars of synergies
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NewsNIG latest insurer to cancel non-essential external visits due to coronavirus exposure risks
Aviva and AXA have already confirmed meeting cancellations as a ‘precautionary measure’
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NewsLloyd’s syndicate partners with cryptocurrency broker to protect online wallets
Insurers TMK and Markel have also backed the new liability policy
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Online onlyAXA, Aviva and Allianz shares dive as coronavirus sparks global stock market panic
Major insurers shares down 7% as markets fall in biggest one day dive in over a decade
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FeaturesGreen parts market gains traction for accident repairs
The use of recycled car parts for repair may be in its infancy, but industry voices predict a boost in business to meet consumer demands
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NewsCoronavirus fears trigger travel insurance sales boom
But a surge in travel policies brings added risks as well as opportunities for insurers
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NewsAviva exits Indonesia joint venture
A statement from the insurer said the transaction will be completed in Q4 this year
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NewsUK insurance deals fall
M&A was the biggest type of deal in the quarter, with 29 deals worth a total of $4.28bn
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NewsEthos buys midlands broker Perry Appleton
The Compass Network member controls £7m of GWP from is Rugby-based office
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NewsAdmiral’s ‘profit over growth’ strategy triumphs in cyclical car insurance market
A return to normal levels of damage inflation suggests better times ahead for some motor insurers
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NewsGRP-backed Sagars nets freight forwarding broker as it consolidates north-west presence
The acquisition is the broking group’s second deal since the Searchlight investment
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NewsAviva reports £133m dip in UK GI operating profit
Global profits have boosted since Maurice Tulloch became chief executive last March, but UK figures fall following the alignment of Aviva’s digital and general insurance divisions
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NewsFlybe set to collapse due to Coronavirus fallout
The airline has been facing ongoing problems for many months, but the Coronavirus outbreak in Europe has seen ticket sales plunge
