Latest News – Page 631
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NewsOne Call has “made financial provisions” for massive FCA fines and restrictions
Doncaster-based broker One Call has expressed “regret” over inadvertently spending clients’ money and said it has made provisions for the fine
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NewsOne Call hit with hefty FCA fines and trading restriction
FCA decision notice reveals past reckless spending by Doncaster-based One Call Insurance, which inadvertently burned through £17.3m of clients’ money
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NewsZurich snares trickster who claimed over £100,000 for soup can trip
Zurich uncovered flagrant exaggerations in a claim involving a tin of soup at a discount store
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NewsANDIE relocates to new London offices
Following its recent buy out of InsureTheBox, ANDIE is relocating to offices in Leadenhall
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NewsChubb launches real estate industry practice
Chubb will look to grow its new real estate industry practice over 2018
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NewsLexis Nexis launches software development kit for access to telematics exchange
Insurance providers will now be able to plug into the telematics platform and build applications
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NewsThree insurtech start-ups join Tech City UK’s Upscale programme
The insurtech start-ups join 37 other technology companies on Tech City UK’s Upscale programme
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NewsPreservation Capital completes MGA acquisition
Ascent Underwriting announce that Preservation Capital Partners received FCA approval to complete acquisition
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NewsUK insurer in £1m legal battle against Lloyd’s broker
A UK insurer has filed a winding-up petition against a Lloyd’s broker it accuses of negligence after the broker failed to honour a default judgement and pay out almost £1m
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NewsClyde & Co blasts "inconsistent" civil courts as it pilots new arbitration system
The system will be used to arbitrate large loss personal injury claims from a major UK composite insurer and 12 leading claimant firms
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NewsDAS UK launches new Amazon Echo skill
People will be able to ask a variety of questions regarding legal expenses, insurance and a range of common legal issues
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NewsAmTrust-owned legal protection insurance provider snaps up York-based firm
Composite Legal Expenses acquires York-based firm as it aims for continued growth
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NewsVolante makes senior hires from QBE and Barbican
Ex-QBE man will also join the Volante executive committee and global board
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NewsBrokers must be wary of “snake oil” companies in wake of GDPR
Brokers should outsource to avoid GDPR “financial and regulatory headache,” but they need to be wary of “snake oil” companies, warns SchemeServe chief operating officer.
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NewsCompany director faces £170,000 bill after crash scam
Stuart Gentry was branded a “bold liar” by the judge after faking a crash with his friend
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NewsFailure of a top cloud-service provider could cost US economy $15bn
According to a Lloyd’s and AIR Worldwide report, businesses in the US could lose $15bn if a leading cloud service provider was to experience three days of downtime
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NewsAdmiral "consulting lawyers" over Sun article
The Sun previously claimed Admiral gave different quotes depending on the customer’s name
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NewsLack of trade credit cover exposed in Carillion fallout
The ABI estimates Carillion trade credit insurance payouts at £31m, but that is a fraction of the losses expected.
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NewsCII's Sian Fisher and Inga Beale call for action over women’s risks
Beale and Fisher call for action, as a CII report shows that “millennial” women are expected to be worse off than their mothers and grandmothers
