Latest News – Page 934
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NewsGallagher to double UK retail and smash £2bn premium in three years – Janice Deakin
New chief executive talks people and placement
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Covéa hires ex-Groupama director as personal lines underwriting boss
Phillip Bird will work with the distribution and pricing teams to develop the business with Covéa’s broker partners
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NewsHiscox unveils new 3D ad for home insurance
Ad depicts the changes within the home as a person progresses through life
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Cunningham Lindsey looks to Marsh for new finance chief
Nick Hinton joins loss adjuster along with new non-executive director John Cavoores
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NewsJanice Deakin named retail chief executive as Peter Blanc leaves Gallagher
David Ross: Now is the natural point to hand over the reins
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Quindell may sell units if valuation does not improve
Insurance outsourcer undervalued by four to five times, says chief executive Rob Terry
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IKEA reportedly entering home insurance market
Swedish furniture retailer to roll out trial sales of policies ‘within the next couple of weeks’ say reports
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Quindell’s share price continues to tumble
Share price dropped 7.3% on Monday despite positive trading update
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S&P cuts Lloyd’s outlook to stable because of heavy competition
Rating now unlikely to be upgraded in the next 12-24 months
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Online onlyABI moves to defend insurers in wake of criticism on claims settlements
Insurers had been criticised for having not yet paid out on 40% of claims that were made as a result of the storms that hit the UK in January
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Admiral Law makes £2.8m profit in first year
The alternative business structure handles claims for Admiral’s non-fault motor customers
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Gallagher reinsurance team transfers to Capsicum
Gallagher reinsurance business will all be conducted by Capsicum Re
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Online onlyMarkel hires senior underwriter from QBE
Andrew Carter joins as senior underwriter, marine and energy liability
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Warrany insurer Domestic & General tops list of fastest growing companies
Other insurance companies placed in the Sunday Times Top Track 250 include BGL Group, Hastings and Hyperion
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AXA extends commission flexibility for e-trading
Brokers will be able to adjust commission to between 0% and 35%
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French turning to UK for health insurance
Dispute over compulsory contribution to French national health system leads to many heading over the channel for cover
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Quindell revenue up 115%
Company estimating revenues of between £750m and £800m for the full year
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NIG names Martin Hall's replacement for underwriting director role
Justin Clarke has been promoted from head of pricing projects at DLG
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TEn opens new Manchester office amid expansion
The network also plans to recruit more staff for Manchester office
