Articles by Pamela Kokoszka
Nexus appoints ex-Aviva boss to its board
Nexus Group has appointed Andrew Moss as an independent non-executive chairperson on the Nexus Underwriting Management main board as part of its strategic growth plan.
Government extends Medco for small RTA claims
The industry has welcomed the government’s response to a consultation into the future provision of medical reports.
Cornish Mutual managing director Alan Goddard to retire
Cornish Mutual managing director Alan Goddard will retire from the role in December after 15 years.
Hiscox names Richard Watson’s successor
Hiscox appointed Joanne Musselle as group chief underwriting officer, as Richard Watson steps down.
Analysis: Should the government revise the deadline for the whiplash portal?
The small claims portal is due to enter its testing phase in October, before officially launching in April 2020. However, many in the industry are concerned that the proposed deadline is not feasible, given the lack of clarity from the government
Sedgwick completes acquisition of York Risk Services
Sedgwick has completed its third acquisition of the year with the purchase of York Risk Services.
Motor premiums could be slashed by 60% from driverless cars
Adoption of autonomous vehicles could wipe 60% off motor premiums, lawyers have said.
Finch group completes its biggest acquisition to date
Finch group has completed the acquisition of Bridle Insurance, bringing £10m in gross written premium to the company.
Insurers call for ‘tough compromises’ to ensure claims portal meets targets
The government needs to make “tough compromises” to ensure the claims portal meets the target launch date of April next year, insurers have warned.
Goldman Sachs' acquisition of Aston Lark completes
Goldman Sachs’ merchant banking division’s purchase of majority stake in Aston Lark has completed.
Analysis: Should the FCA impose fee caps on CMCs?
The Financial Conduct Authority is working to limit charges for claims management companies’ services, but will new regulation actually be a double-edged sword for consumers?
Crawford names Clive Nicholls successor
Crawford has appointed Lisa Bartlett as president for the UK & Ireland business, as Clive Nicholls steps down.
Allianz increases fraud savings by 30%
Allianz has uncovered more than £29.6m worth of fraud in the first half of 2019, an increase of £6.9m compared to the same period last year.
Watchstone files a £63m counterclaim against S&G
Watchstone has filed a counterclaim for damages of £63m against Slater & Gordon, following permission from the High Court.
Insurers face rising application fraud
The industry saw 1300 insurance scams every day last year at an average cost of £12,000 each, according to numbers released by the Association of British Insurers.
Roundtable: Opening up new insurance opportunities using IoT
The Internet of Things continues to offer insurers considerable opportunities in terms of maximising existing data to better understand customers and enter new markets previously considered unprofitable. With this in mind, Post, in association with…
‘Phantom fraudster’ handed a four month suspended sentence
A man has been handed a suspended sentence after making a fraudulent claim against Cardiff Council in road traffic accident case, despite dropping his initial claim.
NFU Mutual appoints non executive director
NFU Mutual has appointed David Roper as non executive director, effective from 1 September 2019.
Auto renewals cost motorists £982m a year
UK motorists lose an estimated £982m a year by not shopping around on renewal.
Ardonagh reveals future plan for Swinton as all branches close
Ardonagh group has confirmed the closure of all Swinton branches as the integration of the business is almost complete.
Ardonagh posts loss of £44.5m for the first half of the year
Ardonagh Group has posted a loss of £44.5m for the first six months of 2019, an increase of £11.7m on the £32.8m loss reported for the same period last year.
Barton steps down as CEO of Wrisk
Niall Barton has stepped down as CEO of insurtech start-up Wrisk to become executive chairman.
Insurers throw support behind calls to ban use of hands free devices while driving
Insurers have welcomed a Parliamentary report calling for tougher restrictions on using hands free mobile devices while driving.
Industry body calls on government to protect vulnerable road users
The Association of Consumer Support Organisations has called on the government to match the Financial Conduct Authority in its approach to all types of vulnerable road user.