Latest News – Page 895
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Brokers failing to protect customers from credit card fraud – Callstream
Brokers risk £10,000 fine by PCI Security Standards Council.
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Cap on credit hire charges in doubt
The Competition and Markets Authority does not have the power to cap charges recoverable through court
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Government gives driverless cars the green light
Testing of autonomous vehicles will start in January
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Zurich UK GI interim boss Dave Smith to retire from business in 2015
Smith will stay in the role until April 2015 as the search for his permanent replacement is underway
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Gallagher integration costs jump in Q2 after Oval and OAMPS deals
But broking group’s profit rises 18% despite extra expense
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Willis UK retail revenues continue to slide in Q2
But new Willis Insurance UK division reports ‘mid single-digit’ growth
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Willis in contingent commissions u-turn
Broker ‘no longer ruling out’ controversial payments on all lines of insurance
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Gibraltar-based Southern Rock directors step down after regulatory probe
Two recent directors, chief executive Arron Banks and Admiral director Alan Kentish, step down
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Southern Rock to sue Gibraltar regulator
Chief executive Arron Banks claims the Gibraltarian Financial Services Commission put undue pressure on PwC when commissioning an independent report into reserving issues
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Validus calls for industry-wide portal for credit hire claims
Chief executive Mike Srokowski has already presented the claims handling company’s solution to the CMA
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Rural launches revamped farm combined policy with new capacity provider
Catlin replaces QBE as capacity provider for the insurer
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Gallagher’s Compass network takes two members from Cobra
Four new additions push Compass past £550m GWP mark
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AXA Scotland unveils complete management team
New underwriting manager and sales manager appointed
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QBE shares drop 11% after profit warning
Australian insurer now expects H1 2014 profit to drop 18%
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JLT ‘cautious’ about rest of year despite strong first half
Broker reports 12.5% profit rise and 6% organic growth, but is worried about soft rates
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Aviva, RSA and Partnership to face ‘watershed moment’ – analyst
Panmure Gordon issues warning ahead of the H1 results season
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Towergate confirms Watt UK Insurance Services buy
Manchester broker will transfer to Towergate’s Moscrops operation in Bury