Latest News – Page 954
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SRA to consult on unrated insurers
Board to meet on Wednesday on proposals for all solicitor’s PI insurers to be rated B or better
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Martin Totty hires three directors for Barbon
Operations, finance and underwriting director complete restructure
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Aviva hires Ian Foy to build personal lines book
Former IAG UK chief reports to Maurice Tulloch
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Admiral appoints former Lloyds insurance risk director as INED
Jean Park will also replace Martin Jackson as risk committee chair when he retires in April
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Michael Lawton to run Towergate broking in management shake-up
CCV boss David Bruce replaces Scott Brown at Towergate underwriting
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Agenda
The Co-op cancels sale of UK GI business
Decision based on the business’s ‘significant growth potential’
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Saga customers invited to be part of £3bn float
Broker to test the waters with 2.7 million customers this week
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Agenda
IFED to focus on travel insurance and credit hire fraud
Police department sets out its priorities for 2014
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Rising costs hit brokers' profits in Q4 - PwC survey
But general insurers saw business volumes and profits rise
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Motor insurers' share prices boosted by rate news
Confused/Towers Watson index indicates a slowdown in rate falls
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Ant Middle starts new Ageas role next week
Former Aviva and AXA executive will become partnerships director of Ageas’s broking unit
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SRA publishes list of law firms without PI insurance that have shut down
Regulator took unusual decision to publish list in ‘interests of protecting consumers and third parties’
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Government forced to clarify claims of record flood spending
Original figures included partnership funding from local authorities of £148m
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LV= Broker makes two new hires to operations team
Tony Venus has been promoted to head of broker services
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Willis to merge its global specialty insurance with UK retail business
UK retail chief executive David Martin to lead the newly combined business
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Mesothelioma Bill set to gain Royal Assent by April
Victims could start claiming an average £115,000 by the summer
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Three senior members of Gallagher-owned IDL leave the firm
Arthur J Gallagher bought a 78.5% stake in the broker in 2012
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Motor insurance may be set for rate increases - Towers Watson
The latest Confused/Towers Watson car insurance price index reveals a slowdown in rate reductions