Articles by Martin Croucher
Accidental damage cited as bigger threat than whiplash to motor premiums
The average car insurance premium rose by £35 over the course of just three months last year, with accidental damage blamed as a major factor.
Four insurance law firms form global network
DAC Beachcroft has joined three other insurance law firms to make a global network.
Insurers raise ‘serious concerns’ over Scottish child abuse reforms
Law change could open floodgates to historic claims
Paul Jardine replaces McMellin as XL Catlin CEO
Paul Jardine has been named CEO of XL Catlin and Catlin Insurance Company UK syndicate, succeeding Andrew McMellin.
Crime stats reveal 13% reduction in insurance fraud
There has been a 13% reduction in the amount of insurance fraud reported by the industry, according to government statistics.
This Week in Post: Trump, restructuring and asparagus
One of the silver linings of my job is the fact I receive emails about a wide range of subjects, most relevant, some less so.
50 brokers on SSP in ‘advanced negotiations’ over migration to Open GI
More than fifty brokers affected by SSP outages are in advanced negotiations to switch software provider to Open GI.
Watchstone set to make loss of £14.9m
Watchstone is expected to make a loss of £14.9m in its full year results.
SSP says latest outage due to 'routine maintenance'
SSP said the latest outage affecting its system was due to “routine maintenance” at the new data centre.
Co-op censured over failure to meet CMA deadline
Co-op Insurance has been ordered to provide customers with the price of its no-claims bonus protection.
Money Supermarket to see 12% revenue growth as it announces CEO change
Money Supermarket expects to see year on year revenues to grow by 12% to £316m, the group said.
ICO still looking to recover costs against dissolved spam text broker
The director of an insurance broker that was wound up just two days before it had to pay a £30,000 fine could be chased for the outstanding amount.
Broker fined £30,000 by ICO is wound up a month later
A broker that was fined £30,000 for sending thousands of spam text messages has been dissolved.
Whiplash legislation ‘will commence’ later this month, minister says
The government will start drawing up legislation on whiplash reform this month, a finance minister said.
Towergate to make 176 roles redundant with Manchester retail unit closure
Towergate will close its retail unit in Manchester putting 176 jobs at risk of redundancy.
Walker replaces Lee as Hastings MD
Hastings has appointed David Walker as managing director for insurer service, following Michael Lee’s departure last month.
Markerstudy cancelled MGA capacity deals due to ‘conflict of interest’
Markerstudy said the decision to withdraw capacity for managing general agents was due to a potential “conflict of interest”.
Century MGA replaces lost Markerstudy capacity
Century Underwriting has replaced the capacity arrangement it had with Markerstudy with three new insurers.
Octo signs ‘telematics ecosystem’ deal with LV Broker
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Towergate MGA signs £45m capacity deal with Axa
Towergate has shifted the majority capacity provider for its farm managing general agent from RSA to Axa.
Crawford appoints Hanover boss as COO
Crawford has appointed Andrew Robinson as its global chief operating officer.
CEC launches tie-up with Compass
Claims Equilibrium Club will provide claims support to Compass Broker Network.
Finch announces first acquisition following Broker Network takeover
Finch has acquired Citymain Insurance Services, a small niche commercial broker in North Hampshire.
CII appoints new COO to drive modernisation agenda
John Bissell has been appointed chief operating officer at the Chartered Insurance Institute.