Latest News – Page 880
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Gallagher bolsters personal lines leadership team with internal hires
Simon Pearce (pictured) and Andy Tedstone join Gallagher Insurance Solutions
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Gable directors buy more shares in company
Unrated insurer’s finance director and non-executive director boost their stakes
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AA to publish first results as listed company tomorrow
Breakdown recovery firm and insurance broker has boosted its share price since June float
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The Knowledge Live: brokers call for FCA role in boosting professionalism
Majority of brokers want a compulsory code of conduct, poll finds
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Hiscox pulls out of care home market
Insurer will no longer write new business or invite renewals from January 2015
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Insurers and brokers escape blame in FOS complaints league
Add-on products “often sold by companies outside of the industry” appeared high in the league table - FOS
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Hiscox Re: Poor contract wordings a ‘claims time-bomb’
Including previously excluded risks could spark ‘a torrent of future litigation’
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Scotland vote "No" to independence
Scottish voters decide to stay part of the United Kingdom
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Application fraud is costing the motor insurance industry £2.8bn – SSP
SSP estimates that brokers alone are leaving themselves exposed to £1.4bn of lost premiums
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Gable chief: Reliance on insurer ratings is ‘box ticking’
William Dewsall says unrated insurer has no plans to seek a rating, but does not rule it out
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Broker Integro bolsters film and TV team with new hires
Appointments for plan to expand film and TV team in the UK and North America
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Investment in claims boosts Romero profits by 23.2%
Growth has also been driven by focus on staff and client retention
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ECJ ruling on VAT could cost UK insurers ‘hundreds of millions’
Services supplied between a group’s headquarters and branches could now be taxed
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Hiscox signs up to Willis Global 360 despite ‘stall’ in talks
Lloyd’s insurer has committed to broker’s subscription programme ‘across a range of specialty risks’
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Touchstone to launch e-traded commercial property owners product
Product is first to be launched on underwriting agency’s new e-trading platform
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ASOS Barnsley fire could cost fashion retailer £30m
June fire ate into company’s quarterly sales
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500 fraudulent motor applications a day – ABI
Industry detected more than 180,000 false applications in 2013, says trade body
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17 September 2014 Issue
Read a digital version of the 17 September 2014 edition of Insurance Times. Cover Story: Who’s next after the FCA probes Moorhouse? plus: Towergate’s call centre centralisation, PRA returns reveal depth of insurers’ commercial woes, an interview with Jonathan Evans MP, and Spotlight looks at etrading of directors’ and officers’ ...
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ABI updates guidelines on private investigators
Guidance now applies to PIs appointed on behalf of insurers as well as those appointed directly