Latest News – Page 849
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Aviva commercial lines MD Ian Foy departs
Foy will be replaced by chief risk officer Angus Eaton
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MyLicence comes in two-thirds under budget
DVLA expecting to spend £9.1m setting up the initiative compared to initial £24.1m budget
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Ageas signs five-year household deal with Pen Underwriting
Arthur J Gallagher’s MGA to return e-traded quotes more often
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Insurers welcome band H inclusion into Flood Re
But insurers said more work needed to be done to get the scheme enshrined into law before the July go live date
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AXA hires e-trading and two regional branch directors
Insurer preparing to launch e-traded mini-fleet and push into mid-market risks
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Bluefin buys care and training specialist Marchant McKechnie
East Yorkshire broker is Bluefin’s fifth acquisition this year
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Band H homes to be included in Flood Re
Chief financial officer and operations officer also named
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Motor premiums climb 2.1% – Confused/Towers Watson
An increase in bodily injury claims is behind the rise
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Piracy boom threatens key oil and gas supply chain route
A proliferation of pirate attacks along the Strait of Malacca is a major concern for 2015 – XL
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Broker Network extends partnership with Allianz
Allianz has signed with Broker Network for the next three years
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Ageas UK teams up with Virgin Money in new partnership
Partnership will launch new home and motor products in 2015
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Agenda
XL in £2.5bn talks to buy Catlin
XL Group boss says combined firms will be “better positioned and stronger”
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Towergate hires Fusion regional operations manager from Gallagher
Sharon Welsh will be responsible for embedding Fusion’s branch-wide compliance framework
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Fitch warns Towergate loan default 'probable'
Ratings agency cuts broker’s issuer default rating to CC
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Gallagher takes four from Towergate for new South West branch
Opening of Cornwall office driven by growth of technology, aerospace and renewable energy markets
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Peter Cullum-backed consolidator funds Plum Underwriting MBO
Specialist household MGA will use investment to fund expansion
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Jelf looks to insurers for better terms after Beaumonts buy
Group chief executive Alex Alway: Integration will take up to four years
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Law firm gathers shareholders to sue Quindell and board
Significant investment losses may be directly attributable to ‘extremely misleading statements’
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Loss adjuster Certo praised for handling claims of failed insurer Millburn
Certo receives strong audit report scores from the FSCS