Latest News – Page 539
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Insurance and GDPR - digital minister explains changes
As GDPR launches today, digital minister Margot James exclusively explains what it will mean for those working in the insurance industry
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Unrated insurer to cover cabbies of collapsed Alpha
Unrated Danish insurer policies to be offered through Cover My Cab to cabbies after unrated Alpha went bust
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Fitch gives Ardonagh ratings boost - but warns of challenges ahead
Rating agency upgrades Ardonagh debt but says firm will remain cash negative this year
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Insurer CFOs reveal their biggest worries
Regulatory risk and market volatility now worry insurance CFOs more than the poor returns on investment that had been their chief concern
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AXA-Uber partnership will offer drivers free cover
AXA will provide partner protection to Uber drivers, offering them a range of covers
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Insurers testing IFB's new fraud sharing hub
Esure, Ageas, RSA and Zurich have already tested the IFB’s new platform which is expected to go live in July
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RSA to give employees bonuses after backlash
Employees complained after being told the company couldn’t justify bonuses, yet group CEO lands £1m
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Professional indemnity insurers pay out for Towergate mis-selling
Insurers pay out to Ardonagh over ETV and UCIS schemes
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Ardonagh MGA to exit unprofitable personal lines
Ardonagh MGA will hire a new personal lines head and exit unprofitable business after posting loss
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Keoghs foils £3.5m motor fraud ring
Keoghs discovers the full extent of fraud operation after Kent Police arrest human trafficker
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Insurtech investments up 155% on 2017
Willis Towers Watson InsurTech Briefing reveals there were 66 insurtech deals worth £541m for Q1 of 2018
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IFB in board shakeup as Blanc heads to Zurich
IFB hopes new appointments will assist with its expansion into more lines
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'Strip commission-chasing brokers of chartered status' - Brokerbility chair
Ashwin Mistry says commission-chasing brokers bring “shame” on the industry and should be punished
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Lloyd's Brussels wins regulatory approval
Belgians see Lloyd’s paving the way for more UK insurers and brokers
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Auto-renewing on home policies costing customers £243m annually
Insurers under fire for luring customers in and raising premium prices on auto-renew
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BGL becomes latest to join fraud bureau broker model
BGL Group joins the likes of AA, Swinton and Carole Nash on the IFB’s broker model
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Third of customers would buy insurance from Apple or Amazon
Traditional insurers must up their digital offering to compete with ’big tech’ firms, World Insurance Report suggests
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Broker CEO completes Sunderland FC takeover
Sunderland FC is now debt free after Bridle Insurance CEO completes £40m deal