Articles by Katie Marriner
Thompsons responds to insurer meeting on fraudulent solicitors
Claimant firm Thompsons Solicitors has accused insurers of "talking up a crisis" to suit their own agenda in relation to the amount of personal injury fraud reported by the industry.
Geography of Cumbria a hurdle for adjusters, Crawford says
Accessing flooded homes is the key priority for loss adjusters in the wake of Storm Desmond, which has caused widespread flooding in Cumbria and resulted in the death of one person.
UPDATED: Sixteen severe flood warnings remain in place after Storm Desmond hits Cumbria
Sixteen severe flood warnings remain in place after Storm Desmond battered Cumbria on 5 and 6 December, with Carlisle, Keswick, Kendal and Cockermouth among the worst affected areas.
PRA approves 19 SII internal models
The Prudential Regulation Authority has approved the use of a full or partial internal model under the Solvency II Directive for 19 insurers for use from 1 January 2016.
ABI criticises FCA's late decision on complaints rules timeframes
The Association of British Insurers is disappointed the Financial Conduct Authority's amendment to the implementation date for changes to complaints handling and reporting processes, announced today (4 December), has come too late to avoid insurers…
Brokerbility acquires London-based broker CIC
Brokerbility Holdings Insurance Brokers has acquired London-based Churchill Insurance Consultants, taking its controlled gross written premiums to more than £50m.
More data needed to assess impact of telematics on young driver collisions, DfT finds
A Department for Transport report has concluded insurance data alone is not sufficient to assess the impact of telematics-based insurance on young driver accident rates.
Hiscox raids Catlin for product recall team hires
Hiscox has established a product recall team within its London market business with four new hires.
Career File: Tom Bolt to leave Lloyd's in 2016
Lloyd's performance management director Tom Bolt is to leave the corporation in mid-2016 after almost seven years of service.
Aon and Scor develop French flood model
Aon Benfield has developed a French flood scenario model in partnership with reinsurer Scor to better prepare for the potential cost of a flood impacting the country's major cities.
Oric records 2014 operational loss events cost £301m
Members of operational risk group Oric International submitted 884 loss events during 2014 with a total value of £301m.
Hiscox opens £19m York office
Hiscox has today (2 December) opened its office in York, a £19m investment.
County acquires Heath Insurance Services
The County Group has acquired Knutsford-based broker Heath Insurance Services, which has a gross premium income of £1.4m.
Aviva augments wholesale ambitions with Lloyd's trading location
Aviva is to open an office adjacent to Lloyd's to bring its underwriters closer to brokers in the international wholesale arena.
Marsh completes Jelf acquisition
Marsh has completed its acquisition of Jelf after the deal was approved by regulatory authorities and Jelf's shareholders.
FCA posts alert about unauthorised insurer
The Financial Conduct Authority has issued a warning about an unauthorised insurance company, AJ Cox Insurance.
Reserving certainty a fillip for insurers in Enterprise Bill amendment
A proposed amendment to the Enterprise Bill under consideration by the House of Lords is being championed as giving insurers more certainty around reserving for damages relating to late claim payments.
Peer-to-peer insurers tipped as attractive M&A targets
Acquiring peer-to-peer insurance companies has been tipped as a way for traditional insurers to protect market share as the demand for insurance products changes, a Deloitte report claims.
FCA launches big data investigation in GI sector
The Financial Conduct Authority has launched a "call for inputs" on the use of big data in the general insurance sector.
Hastings redeems £310m secured notes
Hastings Insurance Group has paid back £310m of fixed and floating rate senior secured notes, according to a London Stock Exchange notice.
Allianz's internal SII model gets regulators' approval
Allianz Insurance, as part of the Allianz SE group, has gained regulatory approval to implement an internal model to calculate capital requirements under Solvency II.
8.4 million UK motor policies at risk of application fraud, Lexis Nexis finds
More than one third of insured motorists believe it is acceptable to omit or adjust data to reduce their motor insurance premiums on application, research from Lexis Nexis Risk Solutions has found.
Alton Towers crash caused by human error
The Alton Towers rollercoaster accident in June that resulted in two people requiring amputations was caused by human error, the theme park has confirmed.
Cloud insurance uptake set to increase in light of FCA consultation
A Financial Conduct Authority consultation giving guidance to financial services firms outsourcing to the cloud should result in more insurance industry players using the technology, commentators predict.