Latest News – Page 898
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Defra launches consultation on Flood Re rules
ABI dubs draft financial management rules ‘unworkable’
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Beazley’s Horton: growth will be ‘challenging’
Chief executive predicts rates for short-tail business will continue to fall
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Online only23 July 2014 Issue
Read a digital version of the 23 July 2014 edition of Insurance Times. In this issue: Why motor insurers should worry; Life for Towergate after Fusion exodus; Cover Story: Do brokers help PMAs get away with high commissions?; MGAs thrive; why fewer drivers choose non-comp; Ageas Insurance boss François-Xavier Boisseau ...
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AXA Commercial appoints new London sales manager from within
Martin Kilshaw replaces Ryan Birbeck in broker relationship role
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US growth helps Beazley to 61.5% profit boost
More opportunity from small US risks than big Lloyd’s business
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BMW partners Allianz to launch its first telematics insurance product
In-car technology gives discount for low mileage
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Online onlyBrokers should guard against the regulatory crackdown on buildings insurance
Insurance Times briefing looks at what brokers and insurers should be doing if the conduct around buildings insurance is ruled anti-competitive
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General insurance accounts for 74% of complaints referred to the FOS
Car and motorcycle insurance is the most complained about general insurance product, excluding PPI
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RK Harrison UK retail awarded corporate chartered status
CII said broker was commended for ongoing learning and ethical behaviour
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MyLicence now available on Open GI
Software house says insurer interest in the initiative is high
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RSA has ‘no plans’ to cut broker commissions in cost-saving drive
But total commission bill will fall as insurer is now dealing with fewer brokers
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Close Premium Finance to rebrand
Finance company will be known as Close Brothers Premium Finance from next month
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Ageas launches dynamic pricing for van policies
Technology will allow more accurate pricing and better fraud detection
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Direct Group to provide Autonet’s accidental death cover
Product underwritten by specialty insurer ANV
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Quindell receives backing from shareholder group
Almost two-thirds of the Quindell Shareholders Action Group have a positive view of their investment in the company
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Hood Group partners with as Asda on new home insurance product
RSA will remain as underwriters for the policies
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Admiral agrees 5.5% interest rate for bond issue
£200m bond issue set to be settled on 25 July
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Half of all commercial claims disputed by insurers
Average settlement time for a disputed claim is almost three years
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HomeServe performing 'in line' with expectations
Home emergency business reports an improving retention rate
