Latest News – Page 562
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Geo, formerly Towergate, and DAS launch home product for private clients
DAS UK partners with Geo Underwriting, the newly rebranded Towergate, to launch HNW home insurance product
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Insurtech start-up raises £850,000 through crowdfunding
The start-up had initially secured EU funding, but when this was put on hold indefinitely, its team took matters into its own hands and began crowdfunding
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Ogden pushes Zurich UKGI into loss
Zurich says it would have made a profit on general insurance business without the Ogden hit
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Allianz eyes up XL Group – reports
Reports suggest that Allianz is considering the purchase of XL Group
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Esure saves over £1m after fraudster has unnecessary surgery
Esure saves over £1m in payments after evidence found Samuel Mervin had unnecessary surgery to increase the claim value
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PIA - The cutting edge of broking
Technological innovation has tended to benefit personal lines. But PIA’s young chief executive contends that commercial brokers can see the benefits from it too, and says she has the model and the mettle to prove it.
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AA outlines trading performance, promises strategy update
AA motor policies rise, but home policies fall
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Broker Network sets sights on acquisition growth with senior appointment
Broker Network looks to add more acquisitions with the appointment of a new commercial director
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Insurance staff among huge job losses at Lloyds Bank
Bank faces digital start ups and bank challengers
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Agenda
Brokers! Rate your insurers' e-trading service - 2018 survey opens
The 2018 Etrading survey is now open! Who has the best platform in the market?
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AIG loses court decision in whistleblower indemnity case
Former Olympus boss, Michael Woodford, is suing AIG for £1.36m, and the US insurer wanted to inspect confidential documents
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FCA confirms IDD delay
The regulator has confirmed it is planned to delay the IDD until October
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Aon sees global profit rise
Aon’s global broking operations see growth recover in fourth quarter
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Major insurer forced to switch provider following Carillion liquidation
Direct Line Group is switching facilities management provider from today, and has confirmed that all Carillion colleagues will be able to transfer to the new contract-holder
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Three-quarters of (re)insurance professionals believe incumbents are at risk of disruption – survey
Over three-quarters of employees at incumbents think they are “moderately” to “extremely” at risk of disruption, according to Willis Towers Watson and CB Insights’ (Re)insurance survey
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Insurer and reinsurer investment in insurtech broke records in 2017
Insurers and reinsurers invested in more insurtech companies than ever before in 2017, according to Willis Towers Watson
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Capita plight raises insurance industry fears
The profits warning and share price collapse of Capita has raised fears that a Carillion-style crash could impact the insurance industry