Latest News – Page 850
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NewsTowergate paid £16.7m for Arista
Broker also received £1.9m in proceeds for the sale of Folgate
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NewsETV and client money probes cost Towergate £1.1m in Q1
Exceptional costs pushed broker to £33.5m pre-tax loss in quarter
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NewsLiberty Insurance to shed 270 jobs amid UK personal lines motor exit
All 270 jobs will go from Ireland - 250 from The Republic and 20 from Northern Ireland
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NewsJanice Deakin to head up Towergate’s recombined retail division
Deakin will join the group as broking director on 12 August
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NewsTowergate underlying profit halves in first quarter
But chief executive Scott Egan insists the company is over the worst and does not plan further cost cuts
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NewsBluefin appoints interim finance chief following Philip departure
Broker to replace chief operating officer role with chief financial officer position
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NewsLaw firm in proposed Quindell class action appoints lead lawyer
Your Legal Friend claims it has been contacted by more than 500 shareholders who are interested in class action
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NewsHiscox to buy Willis’s UK classic car broker
RH Specialty Insurance will keep its brand and team
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NewsClear Insurance Management profits fall 7%
But chief executive Howard Lickens expects recent acquisitions to contribute to growth in 2016
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NewsUK General plans sale of personal lines schemes business
The division accounts for around 83% of UK General’s business by gross written premium
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NewsSwinton operations head Kelly Ogley to leave
Chief executive Gilles Normand will assume her responsibilities in the interim
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NewsGallagher/Ross trial pushed back to February 2016
Court battle to coincide with Ross starting new job at Towergate
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NewsTechAwards 2015: Entries close tomorrow
Enter now to be in with a chance of winning one of 12 awards for 2015
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NewsMotor insurers will return to loss in 2015 - EY
Insurers make underwriting profit for second year running, but this will be ‘short-lived’
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Online onlyYoung driver price cuts push up premiums for older drivers
An increase in the popularity of telematics has pushed younger drivers’ premiums down by 24% since October 2013
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NewsFCA plan to measure GI value prompts mixed response
DST says examining value for money alone is a ‘mistake’
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NewsSaffron reports sixfold rise in profits
Growth reflects increase in income and a managed reduction in overheads following a review in 2013
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Online onlyICO raids south Manchester company after nusiance calls
The raid follows more than 7,000 complaints about the business
