Latest News – Page 523
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NewsQuindell founder Rob Terry steps down from latest venture
Former Quindell founder Rob Terry steps down from latest role with OS3 Digital
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Online onlyAgent under fire over insurance offer to flood-hit Whaley Bridge residents
Offer of home insurance to flood-hit residents at Whaley Bridge sparks storm and debate on whether agent did wrong
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AgendaFCA issues double warning of unauthorised insurance firms operating through Instagram
Unauthorised firms by the name of Cheap Insurance Broker and B1 Insurance were both being run through Instagram
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AgendaAllianz brings on 167 new broker clients in LV= merger as personal lines completes transition
The insurer announced a slight dip in commercial profitability, but attributed that to the LV= transition and outlined the plan for L&G
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AgendaGallagher Bassett expands London market presence with acquisition
Gallagher subsidiary picks up assets of Welsh claims management firm
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Online onlyRSA keeping future of London commercial business under review
RSA chief executive Stephen Hester says remaining London commercial business “will stay under careful review”
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NewsLloyd’s chooses 11 insurtechs to support manifesto
The 11 chosen insurtechs will make up the third cohort of the Lloyd’s Lab
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Agenda‘Last minute issues’ throw Alpha replacement cover deal for 30,000 customers into doubt
Insurer had in principle agreed to cover customers previously insured by collapsed carrier Alpha, but has now raised last minute issues
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News‘Prolific’ ghost broker sentenced for 18 counts of fraud
A number of policies that had been incepted between January and October of 2016 were found to all be connected
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NewsPolice officer deemed fundamentally dishonest in holiday sickness fraud
The Nottinghamshire police officer claimed to have contracted food poisoning, but the evidence exposed flaws in her claim
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NewsAXA grows UK business amid increased P&C focus
The UK & Ireland saw gross revenues of £2.6bn for the first half of 2019
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AgendaRSA returns UK personal lines to profit at expense of premium
RSA takes a disciplined approach to personal lines pricing, resulting in a return to underwriting profit
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NewsDirect Line reveals Ogden hit as profits fall 10.2%
Direct Line reveals how much money the group lost through the resetting of the Ogden rate to -0.25%
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NewsDAC Beachcroft predicts ‘explosion’ of fraudulent bent metal claims
With legislation coming in April 2020, DAC Beachcroft says fraudsters are looking more into bent metal claims
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NewsVictims of London Bridge attack bring claim against van insurer
Slater and Gordon is representing a number of victims seeking compensation for physical and psychological injuries
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AgendaArch acquires Lloyd’s insurer Barbican
Arch builds its presence at Lloyd’s with Barbican deal
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AgendaLitmus unveils insurer ratings ‘how to’ guide amid boom in applications
Ratings advisory firm says the increasing number of unrated failures is encouraging more firms to apply for a rating for the first time
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AgendaFigures reveal impact of JLT deal in first Marsh results since merger
Marsh owner updates on the amount spent in acquisition costs and integration costs through purchasing JLT
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NewsInsurtech Hippo hungry for expansion after $100m funding round
It brings the firm’s total funding raised to $209m (£171m)
