Latest News – Page 862
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Online onlyIn pictures: Broking in the Motor Revolution
See pictures from the inaugural Broking in the Motor Revolution conference from Insurance Times
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NewsLV= to get closer to brokers with marketing director promotion
The insurer says its new insight programme will help it gain a better understanding of brokers’ changing needs
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Online onlyCredit card insurer CPP involved in mis-selling scandal seeks buyer
York-based firm looks to restructure creditors and secure new equity funding
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Online onlyBeleaguered Quindell suffers blow as major shareholder dumps stock
New blow for Fareham-based insurance processor as Fidelity halves its holdings
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Online onlyTwo-thirds of motorists making driving blunders during floods
AA warns that 60% of drivers are still taking unnecessary risks by driving through flood water
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NewsCapita Insurance boss Nick Greatorex promoted to group finance director
Greatorex will be replaced by executive director of health and wellbeing Jim Vincent
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NewsGibraltar insurer Octagon seeks capital as solvency margin drops below 100%
In another development, sources suggest firm is seeking a buyer
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NewsJailed ghost broker ordered to pay back £48,975
Razwan Iqbal will have to sell family home to repay fraud gains
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NewsLloyds Bank to cut 1,250 critical illness and income protection roles
Bank to stop selling protection insurance as a standalone product
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NewsNicolas Aubert to replace Steve Hearn as Willis UK Insurance boss
Aubert is currently AIG Europe, Middle East and Africa (EMEA) chief operating officer
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NewsEssex-based MGA IIG to launch facility for railway contractors
Facility to cover liability for trackside work
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NewsGallagher’s Pen Underwriting to open Bristol and Leeds offices with Fusion hires
New offices to be headed by ex-Fusion executives Nick Milton and Rob Chapman
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NewsR&Q issues 2014 profit warning over asbestos reserve strengthening
Run-off buyer’s full-year result to be ‘materially’ below expectations
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NewsAXA launches new data tool to help brokers assess risk of new business
Brokers will get to see information ranging from; financial performance to flood, subsidence and theft issues
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NewsAviva to axe 30 jobs from Belfast office
The roles affected will be in the claims department - according to reports
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NewsFormer Bluefin director completes MBO of Bradford-based broker
Marshall Sugden wants to grow Packetts, formerly Sydney Packett & Sons, to be a £20m premium income broker
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NewsDiversification boosts Catlin GWP by 11% despite rates decrease
The rates across Catlin’s entire portfolio decreased by 2.9% during the nine-month period
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NewsInsurance companies owed £429,051 by collapsed London broker
The FCA cancelled EPLS’ permission to sell financial services in September
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NewsRyan Specialty Group hires new D&O MGA chief exec from Argo
The newly formed RSG Underwriting Managers (RSGUM) Europe will write cover for Fortune 1000 companies
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NewsMotorists shopping around help MoneySupermarket grow turnover
Turnover from insurance up 15% in latest three months
