Latest News – Page 422
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NewsStaveley Head enters administration
Most staff let go as the Lloyd’s coverholder struggled to recover from the termination of its Gefion business
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NewsLemonade expands product line to pet insurance
It hopes to make pet insurance more affordable and accessible
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NewsTravel insurers must signpost pre-existing medical conditions, says FCA
Firms have until November to implement these rules
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Online onlyMotor market set for challenging future amid high claims inflation – Moody’s
Increasing claims costs and falling premiums will make it hard for motor insurers to find profits
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NewsNearly half of businesses buy policies without broker advice
Most bosses think that traditional insurance policies cover them for cyber-attacks but specialist cover is needed
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Online onlyOgden hits van premiums
No other seismic events in the van market were seen in recent months that could have contributed to such a large rise
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NewsMarkel awarded five stars and first place in commercial lines
The insurer revealed its win at a breakfast briefing last week for staff in all eight of its regional UK offices
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NewsFraudster sentenced for bogus slip and trip claims against Allianz and Covéa
If the fraudster had been sucessful he would have been awarded £11,000
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NewsFairchild named new Applied Systems Europe boss
The industry veteran left his previous role at Jensten Group last month
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NewsSimon Marsh – the video telematics boss saving lives and loss ratios
In October last year VisionTrack’s IoT platform processed 50 million miles of driving data which could benefit insurers
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NewsIgnite teams up with new car insurance broker on software proposition
The broker was founded by industry veteran John Hatfield
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Online onlyFidelis appoints Ian Burford as UK chief exec
Founder member Daniel Burrows has also been promoted to group managing director
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NewsGRP among first firms to link SMCR regime with HR practices
Performance management software chief exec said combining HR and SMCR is essential to affect culture change
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IT Interview‘Being successful in general insurance is about doing the right thing’ says Aviva’s UK chief exec
The insurer’s chief executive of GI business lifts the lid on his leadership since accepting the CEO role last year
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NewsIrish broker sold to Ardonagh backers
Sovereign Capital Partners has divested its majority stake to two private equity firms
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NewsGlobal private investment firm acquires major stake in GRP
Founder Peter Cullum is ‘delighted’ with GRP’s new majority stakeholder
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Online onlyThe Insurance Times Five Star Commercial Lines 2019/20 site is now live
The second Insurance Times Five Star ratings for commercial lines has just been unveiled, with three insurers being awarded five stars by brokers
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Online onlyGallagher reveals huge M&A firepower and multiples on deals
Capacity ’to do another $1.5bn to $1.6bn of mergers again this year’, according to group CFO
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NewsPukka to move back onshore as MGA begins restructure
Chief executive said duplicate roles are being removed
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News AnalysisThe Big Question January/February 2020: Will the LiP portal empower personal injury claimants?
With the Litigation in Person (LiP) portal confirming its next stage of testing in January, it will cover the full user journey, the MIB hopes it will empower claimants and so far the feedback has been positive but what do the insurance industry think? Insurance Times find out
