All articles by Newsdesk – Page 88
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Aviva shareholder questions £5.6bn Friends Life deal
Philip Meadowcroft is expected to say the deal is based on ‘flimsy foundations’
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Clive Nicholls replaces Greg Gladwell as Crawford UK chief
GAB’s Mike Jones named UK and Ireland chief operating officer
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Octo to provide telematics technology to Hastings
Technology will power Hastings Direct’s SmartMiles offering in three-year deal
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Moneysupermarket founder scraps £100m share sale
Simon Nixon still owns 16.6% stake in the aggregator
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Insurers face conviction for making customers do criminal records check
Insurers also risk being hit with an unlimited fine
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Admiral’s Henry Engelhardt gets 1.5% pay rise
Company unveils changes to its share incentive scheme
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CRIF launches enhanced property claims investigation tool
Sherlock tool can now validate property type and other aspects of a property claim
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AA broking division’s trading profit drops 6% as revenue falls
Trading EBITDA followed decline in revenue driven by fall in policy numbers
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AA plans £935m refinancing and new insurance underwriter
New money to pay down debt inherited under previous private equity owners
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Ecclesiastical UK posts flat underwriting profit at £9.8m amid improved COR
But group returns to underwriting profit of £9.2m from an £8.2m loss – the best for five years.
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ERS puts 380 jobs at redundancy risk as it closes Brentwood HQ
Chief executive Ian Parker insists move is not about cost-cutting as group headcount will grow by 28
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CFC offers cover against 'lone wolf' terrror attacks
MGA claims new standalone policy competes with increasingly pricy Pool Re
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Flood Re hires Canopius’s Gary McInally as chief actuary
New hire brings 15 years’ actuarial experience to flood insurance scheme
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Berkeley pre-tax profits fall 77.5% amid refinancing and acquisition costs
But broker expects to see profit levels rise significantly in 2015 driven by growth in construction sector
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JLT chief Dominic Burke’s pay drops 22% in 2014
But chief executive in line for 5% base salary increase in 2015
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Large claims and Solvency II force Gibraltar insurer to close doors
Chairman tells Insurance Times insurer considered MGA conversion and sale but decided to shut
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Biba launches new service to help members access funding
Biba has partnered with Integritas to advise members on how to secure the right financial package for their businessBiba has launched a new funding facility with finance brokers Integritas to help members get access to funding. Integritas will advise Biba members on how to secure the right financial package ...
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MGA Portsoken pens deal with QBE
Portsoken has been given delegated authority to bind policies in the recruitment sector