Latest News – Page 818
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Willis suing JLT over specie team lift
Broker seeking damages after rival poached 22-strong team
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Former RSA chief digital officer joins asset management firm
RSA confirmed last month that Ian Hood was leaving the insurer
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IUA: Scottish asbestos proposal will inflate liability premiums
Scottish MP Stuart McMillan’s medical cost recovery proposal ‘could prove unlawful’
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Markerstudy's Gary Humphreys: Motor insurers need scale to survive
Markerstudy will invest in data enrichment and insurer hosted pricing for recently acquired Chaucer UK motor book
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FCA fines Clydesdale Bank £21m after it 'misled' FOS on PPI
Regulator hands down its biggest-ever PPI fine for ‘serious failings’ in complaints handling
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Ex-Towergate boss Mark Hodges resurfaces as British Gas managing director
Hodges will be on a basic salary of £625,000
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UKIP backer and broker boss Arron Banks tops individual party donor list
Official data shows Go Skippy founder had fulfilled more than half of his £1m UKIP pledge by the end of 2014
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Car insurance premiums fell in first quarter of 2015
But prices are expected to increase again in the coming quarters says Confused/Towers Watson index
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Euler Hermes UK appoints new chief executive
Valerio Perinelli replaces Gerard van Kaathoven who is returning to the Netherlands in a new role as head of group projects
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Quindell finance chief to step down after completion of professional services sale
Laurence Moorse will be replaced by Mark Williams who has been acting as a consultant for the company since January
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Online only
15 April 2015 issue
Read a digital version of the 15 April 2015 edition of Insurance Times. Cover story: Brokers urged to get savvy on selling cyber; who’s the most-loved home insurer?; credit hire war continues; the legal risks of lifting teams; insurers make progress on cutting complaints; Geddes tops UK GI pay list; ...
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Esure’s Stuart Vann gets 12% pay rise in 2014
But founder and chairman Peter Wood’s pay drops 3%
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Markerstudy nears £1bn in premium as it snaps up Chaucer's UK motor book
Acquisition is expected to extend the group’s GWP to in excess of £900m and swell employee numbers by a further 430
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Ageas goes back to basics with broker surgeries
Insurer quotes just over £1m worth of premium at commercial lines surgeries
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Hastings hires new group chief financial officer from AIG
Current finance chief Tim Money will become broking division’s finance director
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Manchester broker eyes expansion with investment fund
J&A says investment from The Greater Manchester Loan Fund will be used to hire additional business development staff
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Edi Truell considering £100m IPO of Tracker
Entrepreneur hires Evercore to advise on sale or refinancing of vehicle tracking firm
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Aviva cuts Mark Wilson’s long-term bonus after shareholder concern
Chief financial officer Tom Stoddard’s LTIP also reduced