Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
Robin Foster-Taylor, managing director of Primo Plc, who argues his company has been trading under the name a decade before Qmetric started Primo Insurance, said Qmetric CEO Tony Deacon has alredy rebuffed his invitation to change the Primo Insurance name.
In other news: Stock market crashes and market uncertainties are moving high net worth customers from stocks and shares to more tangible assets, boosting business for HNWinsurers; Aviva’s UK retail director Steve Treloar has vowed to expand new car insurance brand Quote Me Happy into the household market; and former Churchill managing director Mike Quinton has taken what he refers to as an “opportunity of a lifetime” to become Debra Williams' first senior appointment at a new price comparison site, joining as commercial director.
Keep up to date with all the latest news as it breaks at postolnline.co.uk.
The company, formerly known as Quindell, could face claims worth over £11m from 440 disgruntled shareholders.
The AA’s British Insurance Premium Index for the first quarter of 2016 has shown a slight increase in rates for home insurance, with car premiums flat.
The couple who booked a flight from the ‘wrong Birmingham’ may have been given a free holiday in consolation, but they would not have been able to claim on their travel insurance.
Allianz Group has seen its earnings increase to €2.2bn (£1.7bn) from €1.8bn in the same period last year.