Latest News – Page 616
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NewsGhost broker jailed for making £321,000 worth of false claims
Man jailed for selling 21 fake car insurance policies and making 18 fake claims
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NewsClaims on holiday sickness legal costs fixed to stop fraudsters
Legal cost on package holiday sickness claims fixed by the government to fight “compensation culture”
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NewsZurich paid out for 99% of UK claims in 2017
Zurich UK chief claims officer David Nichols hopes claims data will help ‘dispel the myth’ that insurance claims don’t get paid
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NewsMore gaps to fill for Jelf after Clark Thomson acquisition
Jelf says Clark Thomson puts them in a dominant position in Scotland but says there are still gaps that need to be filled.
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NewsAnother senior QBE man makes the leap to MGA Volante
Talbir Bains’ MGA Volante makes its second senior appointment from QBE this year
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NewsIndustry must make "conscious effort" on gender imbalance – UK General CEO
Chief executive of UK General Karen Beales says the industry must make a “conscious effort” to promote more women and help them back into roles after a career break
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NewsAXA partners with insurtech start-up to target less frequent drivers
AXA head of motor Neil Mercier says insurtech deal a part of the insurer’s wider strategy to reach customers with different needs
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NewsTributes flow in after “true pioneer” Swinton founder Ken Scowcroft dies
Swinton founder Ken Scowcroft, who founded the broker in 1957, has died at the age of 89
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NewsMarsh makes first acquisition since Bluefin
Marsh expands Scottish footprint with first acquisition in 18 months
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NewsAllianz UK to provide insurance for Drivy customers
Allianz UK to partner car sharing platform, Drivy, to provide insurance to customers
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Online onlyState Farm lawsuit a warning to UK insurers over car repairs
Similar lawsuits could happen in the UK if vehicles are not repaired to the manufacturer standard, it is claimed
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News$100m insurtech fund wants to work with insurers not against
Partner at Eos Venture Partners Sam Evans says they are optimistic insurers are coming around to insurtech, and wants to work with insurers to embrace and collaborate with the new start-ups entering the market
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NewsIncrease in customers shopping around after FCA transparency rules
1.4m more home and motor insurance customers shopped around one year on from FCA transparency rules
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NewsTwo companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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NewsRenewal transparency hits Tesco motor business
Tesco’s motor policies decline after regulatory changes
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NewsCustomer anger at Swinton shop closure
Community in Bishop Auckland anger at Swinton shop closure
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NewsInnovation stymied by capital rules, says OECD
An OECD report says that innovation in insurance could be blocked because insurtech start-ups face crippling capital rules under Solvency II
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NewsNatural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP
