Latest News – Page 451
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NewsMotor claims inflation increases by 8% in 2018 with further rises expected
The North East and Wales incurred the sharpest rise in claims inflation
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NewsBravo Group reveals purchase price of every acquisition in 2018
Broker Network-owner Bravo Group has revealed the price paid for each of its 10 acquisitions last year
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NewsLondon Bridge terror van insurer not eligible for MIB support
Slater and Gordon is representing a number of victims seeking compensation for physical and psychological injuries against the van insurer
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NewsPrice comparison cycle service enters market
Cyclists run the risk having to foot the bill if they are involved in a third-party liability claim
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NewsGRP buys first risk management business
Managing director Mike Bruce says the buy will add ‘significant value’ to broking and MGA clients
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NewsNew majority stake deal gives Avid insurance ‘firepower’
The investment will fuel further organic profitable growth
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NewsBrightside appoints new broking director and CFO
Russell Bence has left the Bristol-based broker to pursue other interests
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NewsRAC partners with car insurance broker
It hopes the partnership will encourage more policyholders to take out breakdown cover and ease claims
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AgendaFSCS compensates policyholders as Alpha replacement cover deal collapses
After multiple extensions to find replacement cover for customers on 10-year latent defect policies, the FSCS today said policyholders couldn’t wait any longer
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NewsSoaring prices prompts Irish public liability market study
High claims awards are thought to be behind a 204% hike in premiums since 2014 and carriers exiting from the line
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NewsRising household thefts warning to insurers
Cover provider reports that household theft has overtaken escape of water in terms of volume of claims
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NewsBe Wiser nets 10,000 customers as telematics broker falls into administration
Be Wiser acquires 10,000 new customers from telematics broker that fell into administration last month
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NewsExperts predict more broker casualties in 'difficult' telematics market
As Coverbox falls into administration it highlights the added challenges facing brokers in the telematics field
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AgendaBig Ogden hit takes QBE into underwriting loss
QBE had been expecting the Odgen rate would be reset to 0.25%
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Online onlyHome & Legacy launches online broker portal
Portal aimed at providing brokers and customers better access to the claims process
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AgendaCanopius partners with property AI start-up Arturo
New property analysis capability to be integrated into Canopius to aid in pricing
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Online onlyDriver ordered to pay £29,000 after phantom Allianz claims
Driver could have claimed over £5,000 in compensation from accident had he not supported additional fraudulent claims
