Latest News – Page 567
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Revealed: The full details of Co-op Insurance and “reckless” IBM’s feud
Court documents submitted by Co-op Insurance legal team blast “reckless” IBM for committing “intentional breaches” to sabotage a £55m tech upgrade contract
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Co-op Insurance and IBM in heated £130m dispute over cancelled tech upgrade
IBM pulled out of the £55m contract to upgrade Co-op’s systems last year, following huge delays and a mountain of disputes, court documents show
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Esure on the hunt for new chief executive as Vann steps down
After 17 years at Esure, Stuart Vann will be leaving the personal lines insurer.
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Credit insurers to feel “significant impact" after Carillion liquidation
Associate director at credit insurance broker Acumen says that insurers are likely to see large claims and warns of a “domino” effect over the coming months
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Guidewire joins forces with leading Silicon Valley insurtech accelerator
Insurance software company Guidewire will act as a mentor to the accelerator’s cohort of insurtech start-ups
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Global loss adjuster announces new CFO and VP
McLarens announces two senior appointments as Ross Landsbaum and Adam Weiner join the global loss adjuster
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Brightside sues PI insurers and broker after Arron Banks fall out
Broker Brightside is suing three insurers and its PI broker
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Revealed: Why Brightside is suing Howden and three PI insurers after fallout with Arron Banks
Brightside takes legal action after insurers refuse to pay professional indemntiy claim amid dispute over Howden policy
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Marsh accused of trying to “squash” insurtech start-up over name dispute
Insurtech start-up founder says Marshmallow has had to pay thousands of pounds so far to protect its name against the global broker
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Liiba reveals key priorities for 2018
Lloyd’s trade body Liiba will look to tackle three key priorities in 2018
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Exclusive: Half of consumers think using telematics will result in higher premiums
Consumers are still wary of emerging tech and sharing data with insurers, new research by Populus shows
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New Marsh partnership to help brokers with succession plans
New Marsh Networks partnership will make more services available to broker directors looking to retire
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Erskine Murray buys Essex broker
Erskine Murray has acquired Essex-based Asciak Holdaway Merrit
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IFED release video of cash for crash scheme in which four men were sentenced
Daud Khan, his brother and two other men were sentenced for two cash for crash schemes, IFED release the footage
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ECIC urges brokers to help customers in the fallout of Carillion
ECIC says many customers are at risk of financial difficulties, or even failure, because of the Carillion collapse
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Insurer raises £15m for UK motor launch
InsurePal, led by former Direct Line chief operating officer and Lloyd’s veteran, apparently completed the Crowdsale campaign in less than 2 minutes
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Revolut launches ‘£1 Pay-per-Day’ geolocation travel insurance
Revolut launches its geolocation travel insurance, which is available for £1 per day
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Clyde & Co hires two insurance lawyers from Mayer Brown
Clyde & Co announces the arrival of two new insurance lawyers from Mayer Brown
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Barbican Insurance partners with FICO
Barbican partners with FICO to enhance cyber underwriting