Latest News – Page 868
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News
Gallagher broking profit rises 30% in year to date
Integrating acquisitions cost company $40.6m over nine months
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Willis UK retail returns to ‘modest’ growth in Q3 as group makes loss
But global specialty business pulls down overall UK performance
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29 October 2014 Issue
Read a digital version of the 29 October 2014 edition of Insurance Times. In this issue: how household and pet insurance rescued the industry in 2013; what next for Towergate?; Deakin - third time lucky for Gallagher?; telematics takes off, but profits might not; brokers go back to school; Big ...
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Agenda
Briefing: What is in the stars for Towergate?
Mark Hodges’ departure leaves a lot of questions unanswered
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News
MGA rebrands after MBO and plans to triple broker base
Century Underwriting, formerly RUP Commercial Risks, wants to grow from an £18m GWP MGA to £50m
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AA Insurance concerned about lack of urban flood defence spending
Broker says Committee on Climate Change report on flood alleviation measures is ‘disappointing’
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IFED makes double arrest at claims management company
Two men arrested on suspicion of impersonating policyholders to gain personal information for whiplash claims
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Marsh parent MMC’s broking profit rises 5% in year to date
Division reports 3% organic growth in first nine months of 2014
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Ryan hires Peter McKenna to lead UK MGA strategy
Ryan Speciality Group wants to expand into Europe and Middle East
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Towergate names new leadership team
Monthly meetings to agree cross-group priorities - including investment
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PRA questions insurers over climate change
The regulator wants to know how businesses and investments will be affected by the changing global climate
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London Land Rovers refused motor insurance after spate of thefts
Insurers are requiring the cars to be parked underground or in secure facilities for cover to be provided
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Towergate brings in turnaround specialist Tim Redburn
Former Barbon chairman joins as group planning director
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Aviva warns of malicious damage and car theft Halloween spike
Motor theft claims rise 20% on Halloween and Bonfire Night
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AXA victory in private prosecution for £100,000 personal injury scam
Paul Gustar’s three-year sentence for fraud was suspended because of wife’s “fragile state of mind”
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Ecclesiastical hires AXA property boss as new underwriting director
Tony Hutchins will replace Paul Bloxham who is retiring from the business at the end of the year
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LV= to embark on commercial growth drive in 2015 as business becomes profitable
GI managing director John O’Roarke sees ‘big opportunity’ to take more commercial market share