Latest News – Page 842
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Quindell shares jump 11% as big-name asset managers buy stakes
Soros Fund Management and Hargreaves Lansdown now among top shareholders
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Willis Aerospace boss promoted to chief broking officer of new GB unit
Philip Smaje will be responsible for driving broking strategy
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No FSCS levy for insurance brokers in 2015/16
But compensation scheme detects rise in deafness and mesothelioma claims
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Suspended sentence for construction worker after £200,000 personal injury scam
Paul Havert has been sentenced to six months in prison, suspended for two years
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Jaguar unveils computerised anti-collision car that will cut insurance claims
Jaguar, represented at the Insurance Times Innovation and Disruption Conference 2015, aims to have technology on the roads within two years
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Paymentshield hires Rob Evans as chief financial officer
Evans joins Towergate-owned broker from Sheffield-based firm Westfield Health
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Motor premiums rise slightly but price increases slowing - AA
The average cost of a motor policy is now 10% cheaper than in 2013
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Cost of home insurance falls 5.3% over 2014 despite static Q4
Flood and storm claims have not affected premiums - AA
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ABI campaign aims to achieve £1bn annual flood spending
Initiative also calls for a ban on building in high risk flood areas
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Allianz launches 2015 scholarship programme
Training programme will provide places for 50 brokers in both commercial and personal lines
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Aviva unveils plan to axe 1,500 jobs
Five per cent of headcount to be cut if Friends Life deal goes ahead
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Biba urges FCA to be more proportionate in manifesto launch
Ten point plan aims to cut the cost of regulation and provide more value for money for brokers
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Yutree MD Kevin Hancock steps down as chair of Biba small brokers board
Mason Owen Financial Services managing director Andrew Gibbons will become new chair
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Broker fee for running FSCS to halve
But for insurers they will have to pay 44% more towards the scheme’s running costs
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Hyperion chief: RK Harrison merger will be biggest focus of 2015
But David Howden insists his strategy is not driven by acquisitions
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Broker Network head joins NCI
Towergate-owned network sales head quits to build north-east broker’s affinity business
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Motorists will still be responsible for driverless cars
Motorists will be penalised for drinking or using mobile phones even if the computer is in control
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Motorists claiming whiplash injuries down 12%
Institute and Faculties of Actuaries (IFoA) warns of claims resurgence despite drop
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Hyperion reports 20% profit rise and 7% organic growth for 2014
Broking group’s revenues increased by 19% to £199m