Latest News – Page 809
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Thomas Carroll hires three from Towergate
Richard Williams, Brendan Hopkins and Richard Bosley have joined the independent Welsh broker
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RSA set to launch cyber product
Jon Hancock says RSA’s commercial book is moving back on front foot with premium growth and stronger broker relationships
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‘Broker loyalty’ helping Sterling to win e-trade business
Managing director John Blundell says volumes of premiums already written are “well ahead” of target
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Ex-Gallagher brokers' new firm breaks £1m GWP barrier in first six weeks
Howard Pearson and former Gallagher regional managing director Paul Dickson start-up joins international insurance network TechAssure
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Soaring commerical drone use will come with a risk, warns expert
Commerical drone use is on the rise, but businesses must prepare for the consequences, warns Douglas Keir
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Gallagher ‘expected’ FCA section 166 report because of rapid growth
Gallagher confirms FCA review
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High net worth specialist broker denies Hatton Garden victims claims delay
Earlier reports suggested victims would face delayed payouts, however TH March bosses deny this is the case
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R&Q to buy AstraZeneca-owned captive for £17m
Captive is in run-off and has £22.5m of shareholders’ funds
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Brit to delist next month as Fairfax takeover declared unconditional
Five Brit directors step down following successful offer
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UK motor premium drops by £400m as profitability improves
But industry COR still running at 101% and unlikely to get better, says Deloitte
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James Hallam in mid-market push with ex-Bluefin hire
Howard Fryer will focus on James Hallam’s existing and prospective larger clients
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Ageas Insurance assigned A- rating from S&P
Full rating follows Ageas’s decision to undertake reviews with ratings agencies after S&P stopped offering unsolicited ‘pi’ ratings
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Ex-insurance worker must repay part of £37,000 to Hiscox for bogus claims
Jay Martin Solder has been ordered to repay £37,000 to Hiscox, Columbus Direct and Atlas Direct within 14 days or face 12 months in jail
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FCA probe: SMEs underinsured in fifth of larger claims
In some cases where policy was sold on non-advised basis by insurer or broker sums insured was less than 50% of the required cover
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27 May 2015 issue
Read a digital version of the 27 May 2015 edition of Insurance Times. Cover story: David Ross and Gallagher, the inside story; brokers wait for Zurich e-trade to take off; The Knowledge: what’s next for claims standards and service
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Industry will tackle FCA concerns on SME claims, vows ABI
Under insurance is an issue that brokers and insurers will work together to tackle, says ABI
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Loss adjusters biggest offenders on poor SME claims - FCA
FCA’s independent research reveals loss adjusters are raising the most concerns
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Capital rich Zurich has $3bn spare for large acquisition
Swiss insurer expects large treasure chest of excess capital by end of next year
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Industry suffers huge blow as FCA probe reveals poor SME claims service
FCA vows further action after thematic review on claims handling delivers worrying findings
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Gallagher hires Towergate man Keith Insch as UK acquisition manager
Insch will work closely with head of M&A of Gallagher International Oliver Homer