Exclusive: RSA is unlikely to face the majority of the expected £100m losses from this weekend’s fire at Glasgow School of Art. However the company said it is calculating its own exposure.
The number of trade credit claims has increased by 50% owing to a “ripple effect” from the collapse of Carillion.
The remaining five defendants in the Das UK v Asplin trial did not take the stand, with lawyers instead reading character witnesses to the jury.
The government is considering plans to exclude cyclists and other vulnerable road users from the proposed £5000 limit on the small claims track.
Andrew Kendrick will be replaced by David Furby as head of UK and Europe.
The private equity arm of Lloyds Bank has invested £28m for a minority shareholding in motor broker Right Choice.
KPMG has been handed with a £4.5m fine as a result of its audit of controversial insurance services firm Quindell.
Exclusive: Three independent loss adjusters will eventually merge under a single brand in order to better face off against a wave of consolidation in the market.
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.
When Allianz acquired 49% of LV’s general insurance business, it set the market talking. Martin Croucher talked to the CEOs of both businesses to chart their progress
Markerstudy is consolidating its UK business units into a single ‘super’ managing general agent.
Exclusive: Markerstudy is still waiting on its new parent Qatar Re to gain regulatory approval for the acquisition.
Allianz will provide capacity for Higos’ SME business, following Aviva’s decision to cancel agencies with all GRP-backed brokers.
AI-powered home insurtech firm Luko has raised €2m (£1.75m) in a funding round led by French telecom billionaire Xaviert Niel.
Nuisance call bosses could personally face fines of up to £500,000 under plans to tackle ‘phoenix’ claims management companies.
Uber will provide free insurance to eligible drivers and couriers in Europe following a tie-up with Axa.
Exclusive: Avantia Insurance is in the process of relocating frontline roles to Sheffield, placing between 20 to 30 jobs at risk.