Latest News – Page 924
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NewsEssex-based MGA IIG to launch facility for railway contractors
Facility to cover liability for trackside work
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NewsGallagher’s Pen Underwriting to open Bristol and Leeds offices with Fusion hires
New offices to be headed by ex-Fusion executives Nick Milton and Rob Chapman
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NewsR&Q issues 2014 profit warning over asbestos reserve strengthening
Run-off buyer’s full-year result to be ‘materially’ below expectations
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NewsAXA launches new data tool to help brokers assess risk of new business
Brokers will get to see information ranging from; financial performance to flood, subsidence and theft issues
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NewsAviva to axe 30 jobs from Belfast office
The roles affected will be in the claims department - according to reports
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NewsFormer Bluefin director completes MBO of Bradford-based broker
Marshall Sugden wants to grow Packetts, formerly Sydney Packett & Sons, to be a £20m premium income broker
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NewsDiversification boosts Catlin GWP by 11% despite rates decrease
The rates across Catlin’s entire portfolio decreased by 2.9% during the nine-month period
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NewsInsurance companies owed £429,051 by collapsed London broker
The FCA cancelled EPLS’ permission to sell financial services in September
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NewsRyan Specialty Group hires new D&O MGA chief exec from Argo
The newly formed RSG Underwriting Managers (RSGUM) Europe will write cover for Fortune 1000 companies
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NewsMotorists shopping around help MoneySupermarket grow turnover
Turnover from insurance up 15% in latest three months
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NewsQBE Europe motor head Talbir Bains departs after 10 years
Retail managing director David Hall will assume interim responsibility for motor
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NewsGallagher-owned Deacon launches quote-and-buy site for small blocks of flats
£65,000 investment in site which returns quotes from three insurers
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NewsBrit draws line under old liabilities by exiting reinsurance deal
Lloyd’s insurer’s GWP grows 4.9% despite tough market conditions
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News
Novae in ‘strong position’ after 6.3% GWP growth in year to date
Surge in marine, aviation and political risk GWP offsets declines in property and casualty
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NewsQuindell share price drops 36% in two days
Stock now trading at 75.5p after a 20.5% drop yesterday
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NewsCMA defends action on protected no claims bonus cover
Speaking at the Insurance Times Broking in the Motor Revolution conference, inquiry director Andrew Wright said sales practices for protected no claims bonus represented a ‘significant’ problem for consumers
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NewsBan on price parity agreements will reduce aggregator commission prices – CMA
Competition and Markets Authority inquiry director Andrew Wright told delegates at the Insurance Times Broking in the Motor Revolution conference that the ban on wide most favoured nation clauses will improve aggregator innovation and drive down acquisition prices
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NewsTelematics 'failing to prove value in personal lines motor'
But motor brokers speaking at the Insurance Times Broking in the Motor Revolution conference added that the technology could help reduce loss ratios in the commercial market
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NewsDouble triumph for Sterling in Broker Service Survey
Sterling top of brokers’ estimations for both commercial and personal lines
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Online only12 November 2014 Issue
Read a digital version of the 12 November 2014 edition of Insurance Times. In this issue: Cover story: Gibraltarian insurers face Solvency II shortfalls; Fraudulent deafness claims; AXA re-opens direct-sell debate; Brokers in start-up rush; Broker Service Survey; Regulation Report Part 5 – legislation; Insurer 50 discuss Solvency II and ...
