Latest News – Page 916
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Aspen replaces Catlin on waste facility
Miles Smith reveals new lead underwriter on wholesale arrangement
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AXA Assistance extends partnership with Footman James
Company to offer standalone breakdown cover to broker’s classic car customers
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Brown sells RSA shares ahead of departure to Gallagher
UK chief’s wife offloads RSA stock worth £884k
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Saga ‘misses’ £2.5bn IPO target
Shares to be priced at the bottom of 185p to 245p range, report says
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RTA portal claims fall for ninth successive month
Number of claims processed by the Ministry of Justice in April down 18% on pre-reform levels
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Markerstudy eyes acquisitions and SME expansion
Insurance group examining broker and MGA purchases
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Gallagher grows European captive business with Heritage buy
Acquisition will complement Gallagher’s Artex captive management unit
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RSA cuts ties with 800 personal motor brokers
Forty sales and service roles will be made redundant
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Marsh appoints new head of placement in national corporate business
Businesses recovering from financial crisis are still mindful of risks and are using insurance to protect balance sheets - Marsh
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BMS gets £30m capital injection from PE house Capital Z
Fresh capital to fuel growth of broking business and Pioneer MGA
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Homeserve loses UK customers in wake of mis-selling fine
Pre-tax profits drop 63% after record FCA fine
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Opaque exclusive arrangements could breach FCA principles – IBSC
Consultation on whether brokers must tell clients about exclusive deals
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FOS concerned by 'poor communication' and delays
The Financial Ombudsman Service (FOS) upholds insurance complaints in favour of the customer more frequently than in other sectors
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Card protection complaints on the rise
The Financial Ombudsman Service (FOS) received more than 1,000 complaints about the product last year
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TEn pens motor trade binder deal with LV=
TEn aims to write over £500,000 in premiums with LV= over the next two years
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Telematics firm Wunelli bought by LexisNexis
Deal will result in one of largest telematics databases, firms say
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Court of Appeal rules consequential losses can be recovered under Riot Act
Insurers hail ‘landmark’ decision
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Struggle to handle increase in data could cause fraud to escalate
But 65% of brokers say greater digitisation of information will help
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Ageas to underwrite John Lewis car insurance
Cover will be available through direct and aggregator channels
