Latest News – Page 477
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News
Growing demand leads to LV='s first electric car product
A number of car manufacturers have committed to producing electric or hybrid only vehicles from 2020
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News
FCA vows crackdown on 'cowboys' after taking over CMC regulation
The FCA says the regime “aims to boost consumer protection and the professionalism of the sector by driving up standards in the industry”
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Telematics veteran launches connected car service
The driver’s score is portable and can be traded for cheaper insurance
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Advent shakes up management roles in restructure
New role filled by ex-Tasker head of operations in the changes
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Marsh owner completes JLT acquisition
The UK High Court granted approval on Friday and all JLT shares have now been bought
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Agenda
Nexus Group acquires second trade credit broker
Nexus plans to integrate the newly acquired firm with its existing trade credit broker
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News
Mactavish stands firm as the ABI reponds in cyber row
Mactavish originally sent the ABI a letter highlighting common flaws in cyber insurance policies on 19 March
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WOW Air's downfall could see rise in claims
Defaqto warned that two fifths of travel insurance policies offer no protection for the airline’s failure
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Female chief execs join forces on connected car cover to shake industry perceptions
They aim to overturn the insurance industry’s views on gender
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News
Payout to council on Grenfell building claim revealed
The cost to insurers has resulted in a substantial increase in premium
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Marsh appoints new CEO to Jelf
Marsh looks to parent company as Phil Barton leaves as chief executive of Jelf
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Court rules against AXA in landmark battle with Churchill over £2m fire claim
The ruling has delivered new clarity on what constitutes ‘use’ of a vehicle in a claim
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News
Lloyd’s vows comeback after £1bn loss
Lloyd’s will continue its review of poorly performing portfolios into this year
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Sir Vince Cable urges Rugby Premiership to review Gallagher sponsorship over racist comments
Letter from Lib Dem leader to Rugby Premiership says the comments from Simon Matson and others “can only inflict damage on the sport”
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Lloyd's boss Neal promises ban for abuse perpetrators
“Not a Lloyd’s I want to be part of,” Neal says
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News
Analysts upbeat at Sabre sacrificing growth for ‘industry lowest’ COR
Profits rose for Sabre in 2018, as it continued to focus on underwriting profit over growth in gross written premium
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News
Motor payouts pass £1m per day thanks to 'surge in vehicle thefts'
Figures released today by the ABI shows a car theft claim is made every six minutes
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'Institutionally sexist' - Lloyd's attacked by Jeremy Corbyn's City chief
Shadow City minister is latest to condemn Lloyd’s amid ‘horrific’ reports of rampant sexism, harassment and bullying
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News
AXA on track for firm's 2020 senior female management target
It follows February’s AXA gender pay gap report which found that 91% of women and 90% of men received a bonus payment
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Scandal-hit Lloyd's woes deepen as it crashes to £1bn loss
Lloyd’s of London suffers another massive blow as catastrophes spark a huge loss