All articles by Newsdesk – Page 126
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Barbican hires underwriter from Talbot
Rachel de Courcy joins as financial and professional lines underwriter
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Catlin replaces Ageas on UK General commercial motor book
New capacity deal will broaden risk appetite
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Liability was insurers’ worst line in 2013 with £826m loss
Underwriting loss was largest in over 30 years according to new ABI statistics
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Swiftcover founder Andrew Blowers appointed as AA non-exec director
Blowers is also a non-executive chairman for insurance broker QMetric Group
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Drop in complaints against general insurers and brokers
General insurance third most complained about product to FCA
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DLG agrees £430.5m international sale
Direct Line Group expects a net gain of £160m after disposing of its Italian and German operations
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AIG appoints new UK head of sales amid restructure
Jeremy Sharpe will also continue to oversee AIG’s relationship with major banking clients
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CMA probe: Lloyd’s market considering appeal
The Lloyd’s Market Association has been critical of the probe into the private motor insurance market
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CMA probe: Biba welcomes aggregator pricing agreement ban
But the trade body said the ban should have included wide most favoured nation clauses
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CMA probe: industry reaction
Insurance Times brings you a round up of industry responses to the Competition and Markets Authority final report from its probe into the private motor insurance market
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CMA probe: insurers slam watchdog on lack of action
The ABI has criticised the CMA for not taking any action on credit hire costs
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FCA cancels east London broker's permission
The regulator said EPLS Risk Solutions failed to submit its February RMAR despite repeated demands
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CMA probe: aggregator pricing agreements banned
But no action is taken on inflated credit hire costs
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RAC 'in talks' with Singaporean wealth fund over sale
The sale could be announced as early as this afternoon – reports
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Footman James teams up with NIG for new motor trade product
Includes cover for property, liability and business interruption
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Dan Wilkinson joins Lichfield-based broker as commercial director
Former Willis and RSA exec resurfaces at CGI Insurance Services after consulting for Perkins Slade
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Swinton Commercial director leaves
Carolyn Callan’s role will be assumed by operations director Kelly Ogley until a replacement is found
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The Innovation Group continues US expansion with roadside assistance acquisition
Driven Solutions bought for £4.3m
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FOS warns insurers over rejecting alcohol-related travel claims
Say descriptions of alcohol consumption are not clear enough