Latest News – Page 715
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Beazley chief exec Andrew Horton to take break in March and April
Chief underwriting officer Neil Maidment will serve as acting chief executive
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Gibraltar insurer Enterprise missed SII capital deadline
But chief executive insists the company will meet requirements in three to six months
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83% of UK insurers keen on setting up own aggregator sites
Accenture study found that aggregators in the UK account for 60-70% of new business in private motor
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‘Misleading’ Gocompare ad pulled after complaint from rival
Confused.com challenged Gocompare’s ‘over 40 million customers’ claim
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Aviva’s James Barnard joins Towergate as change director
Barnard to report to chief operating officer Adrian Brown
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LV= Broker enhances ABC Home offering
LV= says offering provides flexibility on cover so that brokers can meet specific needs of customers
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Markerstudy to rebrand Chaucer Direct as Geoffrey Insurance Services
New name is a homage to poet Geoffrey Chaucer
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PIB hires Bernard Mageean as underwriting and placement head
New broker also announces 18 further hires, including two from Willis
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Zurich ‘prepared to shrink’ some businesses after scale of 2015 claims
Risk chief Reyes says the group should re-price or walk away from some risks
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Gallagher UK integration work will be ‘nearly done’ by year end
Broking group sees further scope for efficiency in UK retail and underwriting
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Gallagher full-year broking profit edges up 1% after Q4 drop
Organic growth slips to 3.6%, but chief executive hails ‘excellent year’
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Swinton hires CDL to replace legacy systems in IT upgrade
The ongoing contract and relationship that Swinton has with SSP will continue for the foreseeable future
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Small claims reform sparks unrated insurer Elite's solicitors’ PI exit
Gibraltar-based firm blames falling rates and increasing fraud for withdrawal
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Icahn says he will propose alternate AIG board
Activist investor says AIG’s restucturing plan is ‘inadequate’
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Canopius UK retail boss Tim Rolfe to depart
March departure ends five-year stint at Lloyd’s insurer
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£15.5m FCA fine highlights brokers’ widening accountability
Biba is also concerned that members will continue to pick up bill from FSCS
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FCA regulation of insurance sector is 'not cost-effective' - MP
Funding model suggests that UK firms are paying for supervision of other non-insurance broker entities - MP Craig Tracey
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February 2016 issue
Read a digital version of the February 2016 edition of Insurance Times. Cover story: How Solvency II has reshaped the Gibraltar market Rivals snap up ex-Willis Networks members New data gold mine to help insurers crack motor fraud Home cover rates fall as shoppers turn to aggregators ...