Latest News – Page 738
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NewsRoss: Towergate small business unit a ‘catastrophe’
Chief executive praises SBU staff for their tolerance
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NewsCovéa revamps e-traded tradesman offering
Change is part of wider plans to revamp entire small business product range
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NewsLondon Market underprepared for TalkTalk-style hacking
Only one-third of London Market insurers believe their firms can withstand major cyber-attack – Xchanging survey
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NewsICO fines PPI claims company £80,000
UKMS Money Solutions Ltd (UKMS) sent more than 1.3 million spam texts
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NewsICO to probe more than 1,000 data sellers
Companies are believed to play role in compiling and selling names and numbers used by cold callers
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NewsRoss: Towergate must tackle ‘infrastructure issue’ before M&A
Broking group heading ‘in a very healthy direction’, new chief executive insists
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NewsDiscontinued insurer deals drive 8.7% fall in Broker Network income
Adjusted EBITDA also fell by 30%
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NewsInnovation Group joins Startupbootcamp
Innovation Group will provide guidance on market exposure and the global property and motor claims sector
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NewsRegulatory probes cost Towergate £8.8m in first nine months
Towergate has also moved the date when it expects to start paying customer redress, if any, to Q1 2016 from Q4 2015
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NewsTowergate reports underlying loss of £18.7m as costs hit
Broking group “resilient” despite performance deterioration, says chief executive David Ross
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NewsEY: Motor rates set for biggest rise since 2011 next year
UK motor market to report COR of 102.2% in 2015 and 103.8% in 2016, firm predicts
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AgendaInsurance must partner with the tech sector to survive - Lloyd's bosses
But London is uniquely positioned to lead the market in to technology
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NewsMcLarens operations head promoted to chief exec
Gary Brown will replace Vern Chalfant, who will become executive chairman
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NewsAIG UK chief McNamee to leave as part of group-wide cuts
More than 300 people affected globally under changes
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NewsFSCS steps in to rescue Berliner policyholders
General liability and professional indemnity insurance policyholders could be eligible for FSCS protection
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NewsInsurers to retain more risk under terrorism scheme
Scheme boosts retention to £135m per event, but caps annual retention at £270m
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NewsR&Q expands European business with latest Malta acquisition
Chairman Ken Randall says TNF acquisition demonstrates its firepower to clinch European deals
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NewsCrawford still ‘big supplier’ to RSA despite deal with rival
Transfer of insurer’s home and injury unit to Cunningham Lindsey will have ‘minimal impact’ on Crawford
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NewsRating agencies back our US sale strategy - Cooper Gay
Moody’s and S&P are examining broker’s sale of North American operations
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NewsRunning claims fraud team costs LV= £4.5m annually
The number of vishing calls that LV=’s staff receive is rising
