Latest News – Page 492
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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
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NewsMarsh & McLennan reports $16.7bn year-end revenue for 2019
However, investing cash flows in acquisitions set the firm back $5.5m
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NewsGallagher enjoys ‘exceptional year’ as growth seen across all UK segments
Margin rises seen across UK broker’s segments
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NewsFitch sees negative outlook for non-life insurance sector
Fitch Ratings points the finger at elevated claims inflation and a weak pricing environment
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NewsCopart has strategy to tackle ‘Brexit blips’
The firm’s UK managing director is preparing for increased salvage as escalating costs make vehicle repairs uneconomic
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NewsLack of LiP portal decisions leaves businesses in the dark
The whiplash claims portal is due to go live in April
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NewsRSA intends to review personal lines broker offering after disappointing result
It plans to review its products for personal lines this year
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NewsStolen and encrypted data set to be key 2020 cyber crime trend
Criminals that steal as well as encrypt data believe they have a better chance of being paid a ransom, says CFC Underwriting
