Latest News – Page 514
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Agenda
FCA fines Tesco Bank £16.4m for "avoidable" cyber attack
The attackers netted £2.26m from the attack in November 2016
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Arc Legal introduces personal cyber product for Saga
Arc Legal announced in August its plans to expand into the Irish market
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ICO fines Bupa £175,000 for data protection failures
The data of 547,000 customers was extracted by a Bupa employee and offered for sale on the dark web
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FCA to launch investigation after dual pricing super-complaint
An investigation of the pricing practices of general insurance firms was today announced by the FCA in its 2018/19 business plan
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RSA share price plunges as UK and London market results worry investors
RSA racked up big underwriting losses in the UK and London market
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'Disappointing' - RSA sinks to underwriting losses amid marine claims hit
RSA suffers poor third quarter for UK and London market
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Quarter of brokers unaware of new directive starting from Monday
Survey found 27% of brokers were completely unaware of the Insurance Distribution Directive
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Covéa reaffirms commitment to UK after Swinton sale
It continues to have a UK presence through underwriting arm Covéa Insurance
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Brokers need to “step forward” and lead the way with product innovation - Paragon
In February Paragon announced a partnership with Marketminds, the hosts of Insurance 3.0
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Wider market uncertainty prompts insurers to review business books - Marsh
Marsh appointed a new chief executive of its UK corporate division earlier this month
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XL Catlin-backed wholesaler apologises to customers amid systems failure
Policy holders are urged to continue using their existing policy number
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Swinton will be “unrecognisable” after one year with Ardonagh – David Ross
The strength of the Swinton brand was a key driver of the acquisition, according to Ardonagh chief executive David Ross
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Ardonagh confirms £165m Swinton acquisition
The acquisition will add around £168m in turnover to the Ardonagh Group
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Home and Legacy turns to insurers to battle escaping water claims
Insurance claims for escaping water are highest in August, when many people go on holiday
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McLarens poaches three from Sedgwick in 'All Ireland' expansion
Mclarens opens new office, while taking on four new senior figures
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SSP signs up with two industry initiatives
SSP has indicated it is serious about inclusivity and retaining the best tech talent
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DAC Beachcroft to help manage data breaches with planning tool
Law firm launches online planning tool for cyber attacks and data breaches
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New motor MGA sets sights on high premium drivers
Hedgehog aims to provide cheaper car insurance for those more susceptible to higher premiums