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.
Kay Martin will be joining Towergate’s executive committee as commercial director from Zurich in a bid to optimise its digital offerings.
Vibhu Sharma has left his role as Zurich’s UK country manager and head of general insurance business, amid wider restructuring at the company.
The first potential death caused by a Tesla car will push the reality of fully autonomous vehicles further down the road and have repercussions for the insurance industry, experts have warned.
Reinsurance rate softening has continued through the June/July renewal season and may “bump along the bottom for years”, according to Willis Re.