Latest News – Page 893
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Ageas UK H1 profit down 46% following Q1 weather loss
Retail restructure begins as unit profit more than halves to £6.7m
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Preparation for major regulatory changes triggers spike in employer demand
But there is a limited pool of suitable candidates in the financial services sector to fill the jobs
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Ageas to sell life insurance arm to AIG
Sale would allow Ageas to fully focus on its core non-life UK business
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Towergate H1 operating profit drops 12% as job cuts reach 600
Headcount reduction expected to bring £20m of annual savings by 2015
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Online only6 August 2014 Issue
Read a digital version of the 06 August 2014 edition of Insurance Times. In this issue: Five things you need to know about Flood Re; BGL sees its future in Europe; Open GI’s plans to float; is the war being won against fraud?; insurers back ‘care not cash’ whiplash reform; ...
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Online onlyIs the add-on market under threat?
With the FCA announcing it intends to force insurers to publish claims ratios for add-on products, Insurance Times looks at what the proposal means for the sector and whether its very existence is under threat
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Online onlyRoundtable: Taking the customer on a better journey
From the use of social media to the replacement of ageing computer systems, delegates at a recent Insurance Times roundtable voiced concerns about how insurers must catch up with customers’ use of technology, or risk becoming irrelevant and losing business
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NewsTowergate Underwriting boss: No business lost since 22 quit for Gallagher
Clive Nathan says remaining team are up for business changes as Fusion invests in IT and new offices
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Gallagher creates senior regional roles to drive Midlands growth post-acquisitions
Broker wants to “leverage combined strengths” of investments in regional market
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Riot Damages Act reforms could cut compensation by 90% – ABI
Insurers criticise the reforms and call for cap to be removed from the proposals
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Quindell share price plummets 12%
Outsourcing firm hit by reports of a fall-out with RAC over £100m deal
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UK General launches policy to protect against holiday home scams
Insurer partners with specialist brokers PJ Hayman & Company
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RSA completes move to UK-only call centres
But the insurer only created 170 new roles in the UK, not 350 as initially announced
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NewsCourt rejects Zurich's attempt to send alleged fraudster to jail
Mark Kay brought £750,000 claim against shopping centre – but insurer claimed he fell on holiday
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Industry welcomes MoJ reforms to cut whiplash costs
Cap on medical reporting costs will drive down the cost of claims but more is needed to fix the market
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Online onlyNIG looks to e-trading and telematics for growth
Managing director Jon Greenwood tells Insurance Times how technology is helping the business grow
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Willis network members win clients with anti-theft kit
More than 600 clients have signed up to DNA+ marking in six months
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Online onlyBriefing: When will personal lines rates harden?
Next year appears the earliest for a rate uplift. Meanwhile, one insurer is investing heavily in digital
