Latest News – Page 502
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News
Vehicle damage claims costs to rise, says DAC Beachcroft
More expensive and frequent damage claims on the way, says DAC Beachcroft
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Lemonade announces European expansion plan
The move will be the firm’s first expansion outside of the USA
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Allianz announces successor to Zurich-bound David Martin
David Martin is leaving Allianz to become Zurich’s new managing director of its UK retail business
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Ageas partially exits travel business
The insurer is closing its online broker travel facility next year
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Weather and escape of water claims “largest drivers” for premiums
Claims costs of 1.2% could hike prices for annual premiums
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Brightside settles £2m Southern Rock PI lawsuit
Brightside had accused a number of insurers, including AIG and QBE, of being negligent after a fallout with Arron Banks at Southern Rock
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Davies Group partners with insurtech for claims overhaul
One in five household claims are not paid
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Broker preparing for insurance green card revival
Insurance firms are exploring providing green cards electronically
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Broker in FCA dispute has authorisation cancelled
The broker has been in an ongoing dispute with the FCA since 2014
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January sees 50% uptake in new pet policies
Quotes for January for pet insurance peaked at 600,000
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Stackhouse Poland acquires high net worth broker
It previously acquired a specialist legal indemnity insurance broker
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Ratings agency delivers negative 2019 sector outlook for UK general insurers
Fitch’s assessment of the year ahead suggests home and motor markets could have a particularly difficult year
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AXA releases video to end confusion around driverless cars
A third of respondents said that driverless cars were better for the environment
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UNRATED COLLAPSE: Another Danish insurer falls into liquidation
Portfolios have been transferred to DARAG as the insurer is put into run-off
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Zurich recruits Allianz director David Martin to lead SME strategy
He joins Zurich after serving 17 years at Allianz
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RSA hires new director to lead specialty and wholesale business
The insurer’s specialty business has been undergoing a streamlining in the London market
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Three jailed as courts begin taking tougher approach to insurance fraud
Three men have been jailed for contempt of court
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Thatcham Research names new chief executive
The news follows Peter Shaw stepping down earlier this year
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Insurance industry must “do more” to reduce stigma around mental health
One in five brokers have contemplated leaving the industry due to stress