Latest News – Page 478
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Europe to slash motor insurers' claims frequency with radical safety plans
European Commission plans on technology cutting out speeding, distraction and drink-driving unveiled
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Lloyd's underwriting room threatened amid Deloitte review
New Lloyd’s CEO John Neal has hired consultancy Deloitte to carry out a wide ranging investigation on the market’s recent decisions and how it plots its future
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Lloyd’s unveils strict new measures to kick out sexual harassment
Individuals with a case to answer face the prospect of a life ban from Lloyd’s
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Cardiff City insurers reportedly face reprieve over Sala claim
Cardiff are claiming the transfer was not “legally binding”
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First Central hires former Hastings MD as new chief executive
The company has also announced two new promotions in its leadership team
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Aviva signs five-year capacity deal with insurtech
Phil Bayles said it is important to find different ways of working within the industry and that insurtech complimented Aviva’s approach
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Gallagher vs Ardonagh: David Ross attacks Gallagher for “morally bankrupt” loan offer
Ardonagh chief executive David Ross told the court yesterday that what led to a struggling employee taking a £625,000 loan from Ardonagh’s owners was a problem of Gallagher’s own making
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Broker Insights becomes Biba associate member
It follows Broker Insights recent partnership with Coversure
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Aston Lark buys household broker
The news follows the broker announcing its completion of a West Midlands broker last week
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EU Commission publishes warning for EHIC in no-deal Brexit
It follows the ABI issuing advice in January
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'The best people will leave' - ex-JLT boss worrying view on Marsh deal
Former JLT commercial director James Twining has given a worrying and bleak assessment of Marsh’s takeover of JLT. Twining warns that JLT’s swagger and culture of independence will likely phase out and the ’best people will surely leave, as they always do.’ Marsh’s regulatory approval for the takeover is impending. ...
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'Horrific' - Powerful politician reacts to investigation on Lloyd's sexism and bullying
Lloyd’s in the firing line as investigation uncovers a backwards institution with a rampant culture of sexism, bullying, chauvinism
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EXCLUSIVE: Zurich 'temporarily withdraws' from direct home insurance market
The move is part of “an ongoing review of strategy” following the sale of specialist student insurance broker Endsleigh in January 2018
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Date set for Marsh-JLT completion after final regulatory approvals
The European Commission gave its approval to Marsh’s acquisition of JLT today
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Insurtech firm vows to bounce back from financial struggles
The start-up announced earlier this week that it is no longer accepting new customers
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Marsh parent issues more senior notes to fund JLT deal
The acquisition of JLT is due to be completed in spring this year
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Allianz announces Jon Dye’s replacement as commercial motor head
The appointment comes from within after Dye joined QBE in January
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EXCLUSIVE: FSCS denies misleading policyholders in wake of Alpha collapse
Alpha policyholder Roger White says he was left paying thousands for additional cover as a result of the advice and is considering legal action against specialist insurance company CRL
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Insurers face rising repair costs due to new car technology
While driver assistance features are improving safety on the roads, vehicles with advanced driver assistance features cost more to repair, a problem exacerbated by a fall in the number of bodyshops