All articles by Newsdesk – Page 113
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NewsHastings chief: Rates to rise throughout 2015
Gary Hoffman says company is ‘not alarmed’ by rising bodily injury claims
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Online onlyAXA Assistance launches total loss product for motor write-off claims
Policy will pay out up to 20% of the underlying motor insurer’s final settlement figure
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Online onlyHastings reports £51.2m profit for year to date
Customer numbers grow by more than a fifth over the first nine months of 2014
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Online onlyAXA launches policy documents to improve claims transparency
The insurer has published 14 documents for brokers detailing the most common reasons a claim is denied
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Online onlyHomeowners 'struggling to cope' with cost of flood insurance
Some policyholders have seen quotes rise by 80%, while others are finding it difficult to arrange cover
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NewsNine arrested in £450,000 household claims investigation
Ten local police forces join IFED day of action
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NewsSeventeen Group secures backing from bank to make acquisitions
Clydesdale Bank is “keen” to work closely with brokers that have supportable growth plans
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NewsPRA proposes new accountability regime for insurers’ top executives
New system aims to bring insurers into line with banks
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NewsDavies makes senior hires to support growth
Chief executive Dan Saulter expects underlying profit to more than double to £3m in 2014 after a strong year of winning contracts
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Online onlyTowergate bondholders bring in debt restructuring advisers
Houlihan Lokey and Sullivan & Cromwell are advising Towergate’s unsecured and secured bondholders respectively
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NewsQuindell finance chief walks away from EFH share deal
Laurence Moorse has now effectively sold 200,000 Quindell shares to US lender
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‘Pushing boundaries on commercial products’ helps Acturis reach 12,000 users
Insurance software house says it wants to translate its expertise into personal lines and niche areas
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NewsPool Re still relevant despite levy hike and competition – AM Best
Ratings agency says government’s increased share of premium will not affect scheme’s claims-paying ability
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Biba publishes sharing economy guide
Aon, Bluefin and Towergate are among the brokers listed that offer cover for businesses within the sharing economy
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NewsGeneral Legal Protection enhances home emergency cover
The new product exclusively written for Higos will offer enhanced levels of cover and improved terms for write-off settlements
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NewsMarsh launches UK terrorism facility as alternative to Pool Re
Underwriting on facility jointly led by Catlin and Talbot syndicates
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NewsAviva shares hit following Friends Life move
Investors react to the insurer’s preliminary agreement to buy the smaller rival insurer for £5.6bn
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NewsCullum’s stake in Towergate drops as Advent becomes majority owner
Founder’s stake now at 20% as private equity backer’s rises to 68%
