All Insurance Times articles in On-Line Archive – Page 1936
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NewsBeach Point raises stake in ex-Quindell Watchstone
Beach Point Capital Management has increased its stake in Watchstone, formerly the Quindell group to more than 11%. The US hedge fund, which says it focuses on “complex and misunderstood opportunities” has more than doubled its holding in Watchstone since last September when new chief executive ...
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NewsBiba joins sharing economy standards scheme
Biba has lent its support to a scheme to set standards for the new sharing economy. The brokers’ association has joined the expert advisory panel for the Sharing Economy UK’s (SEUK) TrustSeal programme. SEUK will award its stamp of approval to sharing economy schemes like AirBnB ...
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NewsQ&A: Wunelli looks to the future of telematics
Wunelli, A LexisNexis Risk Solutions company, launched in 2008 following a test period as a telematics insurance broker under the brand Coverbox. The company has since invested in delivering telematics innovations and solutions to the insurance sector. Insurance Times spoke to Wunelli founding director Paul Stacy ...
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NewsAviva unveils UK GI profit growth targets for 2020
Aviva has outlined the underwriting profit growth targets it wants to achieve in its UK general insurance business between now and 2020. The insurer told analysts at its capital markets day on Wednesday that it expected its personal specialty business to produce the most profit growth ...
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Online onlyBrexit risks thousands of London insurance jobs
Up to 80,000 jobs in London’s financial services industry could be relocated because of Brexit, according to Boston Consulting Group. And a signficant chunk of those jobs being moved will be insurance, the consultancy says. The doomsday prediction comes after BCG surveyed the financial servies sector ...
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NewsBluefin buys former network member Osbornes
Bluefin has bought former Bluefin Network member Osbornes Insurance Oxford for an undisclosed sum. The broking group said the acquisition of the Thame-based company would add a “significant” commercial broking office to its presence in the Oxford area. Bluefin has retained all Osbornes staff and Osbornes ...
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NewsTravel insurer offering 'all possible help' to Disneyworld cancer patient
The travel insurer blamed for stranding a terminally ill woman in Florida said it has offered “all possible assistance” to help her get home. Cancer patient Lindsey Gates, 40, broke her leg during a trip to Disneyworld Florida with her family (pictured). Doctors found her cancer ...
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NewsBiba scoops two awards for website and manifesto
Biba has won the Best Publication of the Year Award for its Manifesto and the Website of the Year Award at the Trade Association Forum Best Practice Awards. Biba’s annual manifesto which is launched to the market in January sets out its campaigning agenda for the ...
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NewsSix appear in court on DAS fraud charges
Six defendants appeared in court hearing today charged with defrauding legal expenses insurer DAS. The defendants included former DAS chief executive Paul Asplin. The other five defendants in the case are Karen Asplin, Robert John Dalley, Sally Ann Jones, Jayne Kearns and David Mark Kearns. Karen ...
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NewsHemming: Aviva revamped SME products to clear up confusion
Aviva’s plan to tackle SME underinsurance and improve customer confidence in insurance will also give it a competitive edge in the market, according to Aviva SME commercial lines director Gareth Hemming. The insurer announced today that is was planning to remove average policy wordings that cut claims ...
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NewsHow Airmic’s new chair hopes to tackle the industry’s image problem
Clive Clarke has set himself a formidable task: to sweep away the industry’s boring image and bring in ambitious young professionals, says our sister publication, Strategic Risk
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NewsPremiums rise 19.2% amid soaring car repair costs
Car insurance premiums rose by 19.2% in the second quarter of 2016 compared to Q2 2015, according to the latest Confused.com/Willis Towers Watson car insurance price index - the biggest annual rise recorded by the Index since 2011. This latest increase means that the average comprehensive ...
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NewsDriverless cars will need cover against cyber attacks - AXA
Driverless cars will need insurance to protect against cyber-attacks, AXA Insurance technical director David Williams has said. Motorists using driverless cars may have to insure themselves against the risk of hackers remotely stealing their vehicles or taking control of them and then demanding ransom payments. A ...
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NewsArron Banks 'not ruling out' leadership bid for UKIP
Arron Banks has not ruled out plans to launch a leadership bid to head up UKIP following the resignation of Nigel Farage. Speaking on BBC One’s Andrew Marr Show, Banks also vowed to spend £10m to fight Theresa May at the 2020 general election if she ...
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NewsMunich Re outgoing boss eyes return after cooling off period
Munich Re’s outgoing chief executive, Nikolaus von Bomhard could return to the German reinsurance group as chairman in 2019 once his cooling-off period is over. Von Bomhard said: “I have pretty much 11 months to go and I’m at full speed and I’m not retrenching anywhere ...
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NewsComparethemarket owner listing could value firm at £2bn - reports
The stock market listing that Comparethemarket owner BGL, is exploring, could value to company at more than £2bn, according to reports. An exact date for the listing has not been confirmed, but it is thought to be taking place in the first quarter of 2017. BGL ...
