Latest News – Page 790
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Randall & Quilter swings to £1.6m pre-tax loss in 2014
Insurer hit by deterioration in net provisions for asbestos in R&Q Re in the US and poor underwriting conditions
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Crawford & Company launches expanded aviation team
New set-up follows acquisition of GAB Robins
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Hiscox hires Aspen’s John Worth as interim finance head
Worth will replace outgoing chief financial officer Stuart Bridges
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LV= pays tribute after death of ex-business change director
Katy Hawker praised for her contribution to the workplace
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Google's Nest offers cheaper home insurance with smart device
Insurance deals offered in US with Google’s Nest plotting global expansion
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RTA Portal reappoints Tim Wallis as independent chair
More than 4,500 organisations are now registered to use the claims portal
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Personal injury makes up half of insurers' claims costs
By contrast in Germany Allianz estimates that just 4% of claims costs are the result of personal injury
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Besso Limited announce major board restructure
The company has promoted two managing directors as current chairman Colin Bird stands down
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BP Marsh invests further in MGA ahead of proposed acquisition
The venture capital company increased its stake in Nexus Underwriting by 4.8%
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MedCo vows to take action on wily medical reporting firms
MedCo is responding to MoJ concerns that some reporting firms are trying to get around new portal rules
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Customers show concern over motor insurance data collection
Research has shown the customers confidence in data collection is fragile
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Deloitte predicts sharp drop in home insurance profitability
Industry at risk of making its first home underwriting loss since 2007
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Co-op GI to implement £55m technology platform
Deal includes £46m of software from The Innovation Group
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Airmic 2015: Insurance Act will mean more work for everyone
Willis Group deputy chief exec Steve Hearn stressed the act would create greater clarity around buying insurance
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Airmic 2015: Broker payments from insurers and clients creates conflict - BP head of insurance risk
But Lloyd’s chief exec Inga Beale stressed source of payments still came from clients
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AXA launches data enrichment checks for commercial vehicle book
The insurer has added the checks as part of its long term data enrichment programme
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Hastings Direct adopts new analytics software
Applied Predictive Technologies package will boost data decision capability