Latest News – Page 846
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Nearly half of SMEs do not have adequate storm cover
Over the last five years 51% of SMEs have experienced flood, wind or storm damage
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Big UK motor insurers retaining less risk – Guy Carpenter
At least two reinsurers have stopped offering non-capitalised PPO cover, broker says
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Lloyd’s promotes Philip Godwin to head of claims
Former senior claims manager replaces David Lang
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Insurers will pay compensation for victims of downed AirAsia flight
Insurer liability was initially in doubt because of airline’s lack of a flight permit for route
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Howden enters into exclusive partnership with DeVere Group
Broker will gain access to the financial advisory firm’s 80,000 global clients
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Gallagher construction manager joins MGA
Ricky Brown will work in the renewals team of Thames Underwriting
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City Minister: tell us what is holding back growth
Andrea Leadsom reaffirms government’s commitment to growing UK insurance industry
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CMA publishes plans for sale of no claims bonus protection
Draft motor insurance order will require insurers and brokers to publish extensive details of the product
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Price Forbes takes 10-strong specie team from RK Harrison
Lloyd’s broker names Bruno Le Roy as head of specie
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Catalina buys Quinn run-off book
Bermuda-based run-off buyer acquires £363m of failed Irish insurer’s old liabilities
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Hedge fund increases stake in Quindell
Tosca now controls more than 5% of claims processor’s shares
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Euro-insurers forked out €952bn in 2013
Motor insurance claims were up nearly 5% across Europe, study reveals
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Former Gallagher e-trading team launch CFC-backed MGA
Modus is targeting 1,000 brokers and £100m in annual GWP
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Co-op launches telematics driver education programme
Young drivers will be able to access training modules via an online telematics dashboard
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Severe weather warnings as Atlantic storms head to UK
Met Office warns of 90mph gusts in most-exposed regions
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Takeover rumours boost Gable stock price
News report suggests Bermuda-based funds are targeting unrated insurer
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Staveley Head goes live with MyLicence
Driver details for its courier insurance business will now be verified at point of quote