Latest News – Page 519
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'The market is hardening' - lawyers warned of hike in professional indemnity
Law Society gives warning after survey
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GRP broker County completes Derby-based acquisition
County chief executive Dave Clapp says the acquisition is one of a number the business is looking to complete in the next few months
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CII opens MEA office catering to demand
Last month the CII said that it had reduced its gender pay gap but that ”more must be done”
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Brit chairman leaves to take over rival insurer
Mark Cloutier was previously Brit chief executive between 2011 and January 2017
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Debenhams credit insurance axed by Atradius
Atradius reduced its cover offered to Debenhams suppliers earlier this year along with other insurers
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Agenda
Insurance industry set for special dementia fundraising day
Insurance United Against Dementia (IUAD) set out to raise £10m in five years from when it was created in 2017
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Exclusive: MuleSoft is looking to partner with insurers
MuleSoft is working with several of the top 10 global insurers
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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