Latest News – Page 936
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CFC launches insurance for not-for-profits
Government cuts mean rising management liability risks, says MGA
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Admiral buys Guidewire's policy and billing software
Admiral has signed a deal with Guidewire that it says will let it develop and change its policies faster.It will move its policies and billing operations to Guidewire PolicyCenter and Guidewire BillingCenter.Admiral Group head of IT Charlotte Bennett said: “We were looking for policy and billing systems that would allow ...
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Argos owner sets aside £25m for PPI compensation
Argos owner Home Retail Group has set aside £25m to pay compensation for mis-sold payment protection insurance (PPI).It commissioned an independent investigation in response to the FCA’s industry-wide review and will start to pay compensation for the product, which was sold through its financial services arm to Argos and Homebase ...
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Swinton makes second acquisition with CH Turner
Broker keen to buy more regional commercial brokers
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UK Broker Regulation report: Broker financial reporting all set to change
Read a free excerpt from the Insurance Times UK Broker Regulation report
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FCA: Add-on distributors have ‘clear point of sale advantage’
Regulator says market power of distributors means insurers receive less than 8% of the premium for certain add-on products
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MIB: technology is the way forward in the fight against motor fraud
The launch of My Licence and the no claims database will be a step change for the industry
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Flooding left the industry looking like a 'shambles' - AXA's Blanc
Amanda Blanc said the industry needs to act as a united profession to regain lost consumer confidence
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FCA add-on overhaul ‘could push up premiums’
Brokers and insurers should respond quickly to FCA’s add-on remedies, says accounting firm Moore Stephens
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Gable enters £5m UK surety bond underwriting deal
Liechtenstein-based insurer signs underwriting agreement with Lloyd’s broker Kinetic
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Household MGA Plum starts writing mid-net-worth business in Ireland
Plum’s three core products now available from Irish brokers
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ABI: UK flooding and storms to cost insurers £1.1bn
Updated estimate includes £446m of flood claims from 23 December to 28 February
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Ex-Towergate boss beats £5m GWP target with broker Ashgrove
Stephen Duffy is set to complete on his fifth broker acquisition later this month
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Paymentshield hires Swinton’s Fox as insurer relations director
Appointment follows departure of former insurance relations director Colin Matthews
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Biba: FCA add-on remedies ‘a sensible first step’
But broker trade body adds that price comparison fixes should factor in recent thematic review
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Gibraltar insurers face 12% regulatory fee hike
Brokers’ fees will increase by 9% under new FSC proposals
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AXA joins UNA broker alliance's insurer panel
AXA says deal is expected to deliver up to £10m GWP over the three-year contract.
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Co-op plunges further into chaos after boss quits
Overall boss Euan Sutherland has left the ‘ungovernable’ company
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Only ‘signficant deterioration’ will cause motor rate rises – Esure founder Peter Wood
Esure founder’s gloomy prediction on motor rates backed by analysts
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FCA-probed MGA ‘issued policies in Catlin’s name without insurer’s authority’
Catlin has agreed to honour unexpired policies
