Latest News – Page 525
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NewsGoCompare sees profits halved in H1, hints at exploring new sectors
Pre-tax profits halve but aggregator predicts a shift back to growth, and hints at potentially moving into other sectors
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AgendaHNW cover prices under pressure from costs and exits
Rising cost of claims and high-profile exits drive up premiums as market hardens
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NewsFCA warns of unauthorised motor claims firm
FCA took over the regulation of claims management companies in April
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News‘Delivering Brexit and uniting the country’: What does Boris Johnson as PM mean for the insurance industry?
Boris Johnson has been described as a ‘consumer champion’ by some, so what will this mean for the insurance industry
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NewsInsurer boost as governmment gives £2.9m for flood protection projects
Flood Re chief executive calls the new funding a “welcomed step forward”
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NewsConfused.com appoints first COO in newly-created role
Chief executive says the role has been created “to bring greater clarity to customers”
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Online onlyBroker raises alarm on cyber amid worrying research results
SJL Insurance chief executive Simon Lancaster ’on a mission’ to educate as his YouGov poll reveals cyber issue
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Online onlyWarning that ship seizures could “adversely impact” premiums
Insurance Times looks at how the recent ship seizures might affect premiums
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Online onlyBoris Johnson named new PM vowing to deliver Brexit
The UK has a new Prime Minister who will take helm tomorrow
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NewsCLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships
The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”
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Online onlyFirms failing vulnerable customers face FCA action
As the FCA launches a consultation to protect vulnerable customers, the regulator warns it will take action where it finds unfair treatment
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NewsBeazley poised for profits bounceback as it focuses on broker relationships
Half-year profits soar by 189% compared to 2018
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AgendaEscape of water claims at £2.5m a day
Escape of water (EoW) claims have been a significant issue for the domestic property market over the past few years
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AgendaPIB completes COBRA deal and appoints new network chief executive
Former COBRA chief executive has agreed to stay on in a consultancy role for the foreseeable future
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NewsSSP signs trio of brokers in Q1
SSP hails “great start to the year” as three new clients come on board with long term contracts
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NewsAviva launches policy supporting people affected by gambling and pornography addiction
Alcohol abuse costs UK businesses £6.4bn per year in lost productivity according to research
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AgendaInsolvent motor broker directors under investigation as XL Catlin legal case stayed
Administrator has been investigating the conduct of directors and has submitted a report to government department
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AgendaGRP acquires specialist Lancashire-based intermediary
Intermediary’s chief executive and chief operating officer will remain with the business
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Online onlyThousands of jobs threatened in Ireland as AXA-backed MGA exits risky leisure sector
Leisure in Ireland considered so risky, insurers won’t go near it
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AgendaAsplin in court facing huge fraud payout, but objects to compensating DAS
Figure put by prosecutors at confiscation hearing on how much former DAS chief executive Paul Asplin benefitted from defrauding his ex-employer
