Latest News – Page 569
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NewsNew senior Markel hire aims to “significantly increase” its UK business
Markel’s new sales and marketing director has previously worked for Axa, Aetna, Cigna and Citibank
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NewsWelsh CMC fined £250k after making 15.3m nuisance calls
Barrington Claims had already had its authorisation removed by the Ministry of Justice’s Claims Management Regulator when the ICO ordered it to pay a £250k fine
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NewsPERILS announces final loss estimate for Storm Egon
PERILS announces final loss estimate for the cyclone which hit France and Germany in January 2017
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NewsDirect Insurance Group renews Property & Casualty facility, expects “significant” rate movements
Direct Insurance Group chief executive David Bearman has seen Caribbean local markets “move prices forward substantially”, with “significant” rate movements.
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NewsTwo-thirds of employers 'not utilising benefits of group risk products for staff'
Ahead of Blue Monday, 68% of employers admit to not utilising all available benefits of group risk products for staff, according to GRiD
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NewsFM Global "most highly regarded in property claims handling"
The commercial and industrial property insurer comes out on top of the Claims Satisfactory Survey by Advisen
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NewsAmazon “trying to poach” Lemonade employees
Amazon reportedly eyeing up Lemonade staff, according to Lemonade founder Shai Wininger
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NewsSmall brokers are thriving, says Broker Network
Year-end data reveals small, independent brokers are growing by 13% despite relatively flat market pricing
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NewsAllianz to launch €1.1bn offer for Euler Hermes minorities on Monday
Allianz to buy 20.57% of Euler Hermes that it doesn’t already own.
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NewsAllianz Worldwide Partners in “exciting” tie up with Pacifica Group
The new partnership with Allianz Worldwide Partners UK will allow Pacifica Group to offer boiler breakdown cover to homeowners across the UK
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NewsTelematics data shows fraudster 'hit car with a hammer to inflate claim'
The investigation, which used telematics data, thwarted a vehicle damage claim for almost £88,000
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NewsABI reacts to PRA move on Solvency II
The PRA has proposed a number of changes to insurance reporting requirements under the Solvency II regime
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NewsLockyers appoints new board and sets sights on big organic growth
New Lockyers board will aim to double the size of the business over the next three years, following “consistent” annual growth
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News92% of global insurers yet to put their IFRS 17 solutions in place
Change programmes are expected to run between 12-30 months, and IFRS comes into effect on 1 January 2021
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NewsCash for crash fraudster ordered to pay £100,000 for human trafficking
Mohammed Sangak, known as ‘Mr Big’, was previously convicted for a cash for crash scheme last year but has now been ordered to pay £100,000 worth of assets for human trafficking
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NewsGovernment's top 10 insurance suppliers in 2017 revealed
The government’s top insurance supplier was awarded £167m in frameworks and grants in 2017, more than double that of other top competitors
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NewsNewman quits Carole Nash in Ardonagh transition
Motorcycle broker chief executive to step down in March
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NewsIrish fraudsters 'getting away with it' – leading judge
Fraudsters are not being prosecuted, he says
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NewsCBC beefs up MGA with new hire
Lloyd’s broker CBC has hired a new head of private client business for its Bell MGA
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NewsInsurance specialist joins Weightmans
Simon Durkin, previously of Fishburns and DWF, joins national law firm, Weightmans
