Latest News – Page 821
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NewsAA’s new underwriting unit to have £7m of capital
Capital will be supported by reinsurance and co-insurance
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NewsAA’s Mike Lloyd to take charge of insurance business
Janet Connor to be responsible for business transformation and the new underwriting unit
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NewsAA’s insurance profit drops 10% as tough conditions bite
Company expects IPT hike to boost competitive pressures in motor
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NewsHead office closure helps Higos grow underlying profit by 53%
But broking group makes statutory loss after accounting change
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NewsL&G GI pricing and underwriting director to leave
Russell Byrne’s responsibilities to be assumed by commercial director Stuart Welch
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NewsLloyd's insurers launch cyber scheme for large non-US corporates
The consortium will provide cover against data breaches to non-US businesses with revenues in excess of $5bn
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Online onlyL&G staff vote for strike action amid potential job losses
The insurer is looking to move out of its Surrey based Kingswood site
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NewsBrokers stunned as Zurich/RSA deal collapses
Market expects to see a new bid tabled for the insurer from another suitor
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NewsIFB's five-year fraud strategy 'on track'
Testing to identify organised fraudsters on claims database has begun
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NewsRSA's shares fall 21.5% as Zurich ends acquisition talks
Zurich decision triggered by deterioration in GI business as result of large losses and US motor woes
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NewsLarge losses and US motor woes ruin Zurich's RSA bid
Zurich Group GI chief exec Kristof Terryn will conduct an in-depth review of the business
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NewsGallagher network Compass hits £645m GWP as 20 brokers join
Regional brokers Waltons and Pace Ward join from Willis Networks and Broker Network
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Online onlyInsurance disruptor to launch pay-as-you-go motor cover
Cuvva, which is based in Scotland, is hoping to launch next month
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NewsEnterprise bill to penalise late payment of claims
Policyholders will be able to sue for damages caused by late payment
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NewsPwC and Startupbootcamp team up to foster new insurance tech
Relationship builds on existing fintech partnership
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Online onlyCovéa-owned Sterling to keep its brand in HNW
Covéa has consulted brokers following acquisition of Sterling
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Online onlyCompetition watchdog blamed for rising claims inflation
Covéa’s Reader says CMA has given green light to claims management firms
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NewsBought By Many buys pet insurer Brooks Braithwaite
Deal includes administration of Allianz’s pet scheme
