Latest News – Page 878
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NewsUK General seeks double-digit GWP growth from its three units
MGA’s Rural unit aiming to be UK’s second-biggest agricultural insurer
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NewsUK General to cut commercial broker relationships to 250
MGA had originally planned a reduction to 350 by April this year
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Online onlyLV= enters telematics market with Wunelli app
LV= Driving offers policyholders discounts in excess of 15%
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NewsTen found guilty in £1m crash for cash con
Between 2010 and 2012 fraudsters orchestrated seven collisions with First buses in Chester
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NewsQuindell makes £31m error in shareholder letter
Shares suspended after outsourcer understated profits from unit it is selling to Slater & Gordon
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NewsPersonal injury claims firm liquidated following £80k ICO fine
Bolton-based Direct Assist penalised for nuisance calls after 801 complaints
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NewsBermuda insurer Hamilton completes Sportscover takeover
Syndicate 3334 to be rebranded Hamilton at Lloyd’s
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Online onlyJudges rule lying Zurich claimant can keep ill-gotten gains
Zurich paid the cheat with ‘eyes wide open’ and must face consequence, judges say
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NewsCarlyle Group to buy Nationwide Accident Repair for £43.2m
Private equity group makes £1 a share offer for crash repair firm
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NewsInnovation Group sells UK property claims software contracts for £4m
Contracts bought by software firm Symbility Solutions
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NewsCatlin finalises £85m sale of Insurethebox stake
New owner Aioi now holds 75% stake in telematics underwriting agency
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NewsRSA completes £130m sale of Hong Kong and Singapore units
Sale to Allied World gets regulatory and court approvals
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NewsInsurance group IGI seeking UK growth as S&P upgrades ratings
Company hoping to hire teams defecting from larger firms
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NewsQuindell’s Rob Terry takes 7.4% stake in troubled stockbroker
Daniel Stewart Securities has only recently resumed trading on AIM following capital shortfall
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NewsLV=’s John O’Roarke gets 26% pay rise in 2014
Insurer’s general insurance chief executive in line for 2% base pay rise this year
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NewsEsure completes £95m purchase of 50% Gocompare stake
Completion of the deal follows CMA clearance in February
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NewsCovéa profit rises 40% despite ‘incredibly competitive market’
Insurer cuts COR to 97.8% and reports 15% GWP growth
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NewsERS hires chief risk officer in new created role
Ryan Warren joins ERS from Lloyd’s managing agency Prosight where he was chief risk officer
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NewsOutsourcer Pro Global returns to profit after restructuring
Company makes £3.8m profit in 2014 after £33.5m loss in 2013
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NewsInsurers' claims costs for French Alps crash to hit $300m
Thirty insurers will share the financial burden of the crash
