Latest News – Page 921
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News
Insurers too slow at taking new products to market
New survey also found that 78% of insurers need to be more dynamic
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NewsTesco Bank extends home insurance underwriting panel
Legal and General joins Tesco Underwriting, RSA, AXA and Towergate
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NewsLloyd’s broker hires Towergate Underwriting sales head to run new MGA
Tony Lawrence to head up Imperium Insurance, which will serve brokers that are overlooked by bigger firms
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NewsPeter Cullum and Andy Homer plotting bid for Towergate
Founder and former chief executive appoint Fenchurch Advisory for MBO
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NewsMotor insurers to post 108.2% COR in 2014 - EY
Accounting firm expects rate rises of 2% next year but says this will not restore profitability
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NewsFitch downgrades Towergate to B- over potential cash shortage
Rating agency also downgrades broker’s bonds to BB- and CCC+
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NewsQuindell denies plans to sell shares in National Accident Repair
The outsourcing giant acquired a 25.3% stake in NARS in September 2013
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NewsMarsh hires from Aon and Willis to expand Scottish operations
The appointments follow the acquisition of Aberdeen-based broker Central Insurance Services
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NewsRow over insurance scam led to North Yorkshire bomb hoax
Shamsul Islam accused staff at brother’s pizza shop of receiving bomb parts after they refused to help with scam
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NewsDan Wilkinson reveals growth plan for joint broking venture
Former Willis UK chief exec is targeting 1,400 customers and wants to add up to seven insurers to panel
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NewsQuindell's largest City shareholder: 'We made a mistake'
M&G Recovery manager admits mistake/Quindell analyst exits house broker
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NewsTowergate cuts Broker Network valuation by £55m
Company silent on whether network is up for sale
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NewsQuindell share price tanks again amid reports of stock exchange probe
London Stock Exchange to investigate Quindell share price fall
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NewsTowergate chairman: Broker could be sold next year
Alastair Lyons says group will not appoint chief executive until it has evaluated all bids
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NewsTowergate to sell non-core units to stave off cash shortage
Broking group admits it could breach its loan covenant and is at risk of going under if it cannot raise cash in time
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NewsAmlin UK GWP drops 4.5% despite company-wide growth
But insurer enjoyed UK renewal rate increases of 2.9%
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Online onlyMyLicence goes live
Insurers and brokers can sign up for the service to verify driver details at point of quote
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Online onlyTowergate assessing potential takeover bids
The broker saw losses increase to £112.7m over the first nine months of 2014
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NewsTowergate to review more than 2,000 customer files following FCA probe
The regulator has been investigating sales practices at Towergate Financial
