Latest News – Page 863
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QBE Europe motor head Talbir Bains departs after 10 years
Retail managing director David Hall will assume interim responsibility for motor
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Gallagher-owned Deacon launches quote-and-buy site for small blocks of flats
£65,000 investment in site which returns quotes from three insurers
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Brit draws line under old liabilities by exiting reinsurance deal
Lloyd’s insurer’s GWP grows 4.9% despite tough market conditions
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Novae in ‘strong position’ after 6.3% GWP growth in year to date
Surge in marine, aviation and political risk GWP offsets declines in property and casualty
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Quindell share price drops 36% in two days
Stock now trading at 75.5p after a 20.5% drop yesterday
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CMA defends action on protected no claims bonus cover
Speaking at the Insurance Times Broking in the Motor Revolution conference, inquiry director Andrew Wright said sales practices for protected no claims bonus represented a ‘significant’ problem for consumers
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Ban on price parity agreements will reduce aggregator commission prices – CMA
Competition and Markets Authority inquiry director Andrew Wright told delegates at the Insurance Times Broking in the Motor Revolution conference that the ban on wide most favoured nation clauses will improve aggregator innovation and drive down acquisition prices
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Telematics 'failing to prove value in personal lines motor'
But motor brokers speaking at the Insurance Times Broking in the Motor Revolution conference added that the technology could help reduce loss ratios in the commercial market
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Double triumph for Sterling in Broker Service Survey
Sterling top of brokers’ estimations for both commercial and personal lines
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12 November 2014 Issue
Read a digital version of the 12 November 2014 edition of Insurance Times. In this issue: Cover story: Gibraltarian insurers face Solvency II shortfalls; Fraudulent deafness claims; AXA re-opens direct-sell debate; Brokers in start-up rush; Broker Service Survey; Regulation Report Part 5 – legislation; Insurer 50 discuss Solvency II and ...
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Brokers need to influence regulation to create a fair market - Mark Cliff
Ageas Retail chief exec warned delegates at the Insurance Times Broking In The Motor Revolution conference about the “unintended consequences” of an unfair regulatory landscape
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Turning data into customer insight will help motor brokers survive - Mark Cliff
But Ageas Retail chief executive told the Insurance Times Broking in the Motor Revolution conference that brokers needed to invest in the right technology and knowledge
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Crash-for-cash pair sentenced for trying to defraud QBE of £500k
Bus inspector and Mercedes driver orchestrated crash on Manchester B-road
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Maurice Tulloch to chair ABI general insurance council
Aviva UK & Ireland chief executive wil lalso join ABI board
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Zurich to close final salary pension
Insurer plans to pay flat rate of 12% into all employee’s pensions instead
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Rolling Stones in £7.9m insurance battle over postponed gigs
Group cancelled shows in Australia and New Zealand following the death of L’Wren Scott
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Agenda
Carpenters Solicitors acquires southern law firm DB Legal
The firm will also open a new office in Glasgow in January
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IFB calls for greater collaboration with claimant lawyers
Director Ben Fletcher tells MASS Annual Conference that claimant lawyers must work with insurers to help combat insurance fraud