Latest News – Page 872
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News
UK General to cut ties with 1,150 commercial brokers
But managing general agency says a deeper relationship with remaining 350 brokers will help business grow by 10% in three years
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Simply Business CFO Kevin Fleming leaves
Broker says it will announce Fleming’s replacement in due course
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Hill Dickinson strengthens counter fraud team
Law firm hires two new legal directors to focus on low-speed impact investigations, and sanctions and recoveries
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NewsChristophe Bardet to leave Swinton
Replacement Gilles Normand will take up the new role in January 2015
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NewsInsurers to pay out £14.5m following Phones 4U collapse
Trade credit insurers meet claims and ‘keep Britain’s supply chain moving’
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DUAL simplifies capacity arrangements with Liberty-led panel
New arrangement will speed up auditing and claims – Shane Doyle
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Government-ordered draft report on FCA life insurance gaffe complete
Senior FCA executives have been invited to scrutinise the findings before the final report is published
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One-in-ten SMEs have seen double digit rate increase - survey
Only a fifth of SMEs believe access to working capital will increase in the next year
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Online only15 October 2014 Issue
Read a digital version of the 15 October 2014 edition of Insurance Times. In this issue: Quindell in the spotlight; what next for care home cover?; praise for comparison sites; the colourful world of Arron Banks; reserve releases still key at DLG, Esure and Admiral; Sandy Scott of the CII ...
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Agenda
'Slips and trips' is fastest growing fraud trend
Interim results of Insurance Times Fraud Survey released
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NewsGallagher to double UK retail and smash £2bn premium in three years – Janice Deakin
New chief executive talks people and placement
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Covéa hires ex-Groupama director as personal lines underwriting boss
Phillip Bird will work with the distribution and pricing teams to develop the business with Covéa’s broker partners
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NewsHiscox unveils new 3D ad for home insurance
Ad depicts the changes within the home as a person progresses through life
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Cunningham Lindsey looks to Marsh for new finance chief
Nick Hinton joins loss adjuster along with new non-executive director John Cavoores
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NewsJanice Deakin named retail chief executive as Peter Blanc leaves Gallagher
David Ross: Now is the natural point to hand over the reins
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Quindell may sell units if valuation does not improve
Insurance outsourcer undervalued by four to five times, says chief executive Rob Terry
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News
IKEA reportedly entering home insurance market
Swedish furniture retailer to roll out trial sales of policies ‘within the next couple of weeks’ say reports
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Quindell’s share price continues to tumble
Share price dropped 7.3% on Monday despite positive trading update
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News
S&P cuts Lloyd’s outlook to stable because of heavy competition
Rating now unlikely to be upgraded in the next 12-24 months
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Online onlyABI moves to defend insurers in wake of criticism on claims settlements
Insurers had been criticised for having not yet paid out on 40% of claims that were made as a result of the storms that hit the UK in January
