News
ICO fines broker for sending 136,000 unsolicited texts
The Information Commissioner's Office has fined a London-based broker £30,000 for sending thousands of unsolicited text messages.
Post docu-video: State of the Broker Nation: The future face of broking
In an increasingly connected world customers are turning to mobile devices to fulfil their needs. How can insurance brokers evolve to protect their future from disintermediation?
Chaucer expands Singapore treaty team
Lloyd's specialist insurance group Chaucer has appointed former Swiss Re manager Ong Chee Koon as class underwriter to join its Asia treaty team in Singapore.
Kaikoura earthquake could cost New Zealand's insurers NZ$5bn
New Zealand's powerful South Island earthquake on 14 November could cost the local insurance industry up to NZ$5bn (£2.8bn) but the sector has plenty of capital to cope according to the Reserve Bank of New Zealand.
IUA: Single market access is key Brexit concern
The London insurance market must maintain access to the single market following Brexit negotiations, the International Underwriting Association has warned.
Pool Re chairman joins Neon as non-executive chairman
Neon has appointed Pool Re chairman Geoff Riddell as non-executive chairman.
Neos enters partnership with Zoopla Property Group
Connected home insurance provider Neos has acquired investment as part of a new partnership with Zoopla Property Group.
Henderson acquires Sunderland-based Branch Insurance Brokers
Henderson Insurance Brokers has acquired Sunderland-based Branch Insurance Brokers.
Lib Dems urge rethink on IPT increase
An early day motion has been raised by the Liberal Democrats’ leader for the government to rethink its decision to increase the insurance premium tax.
Motor trader jailed in £10,000 crash for cash scam
A motor trader who tried to claim almost £10,000 for a staged crash for cash accident has been sentenced to 20 months in prison.
Watchstone suspends planned capital returns until Slater & Gordon claim resolved
Watchstone Group's planned capital returns to investors is on hold until its warranty claim with Slater & Gordon has been resolved.
Large rise in China and Hong Kong cyber attacks, says PWC
Cyber attacks on businesses in China and Hong Kong have soared in the last two years according to research from a PWC survey.
Latitude creates P&I data tool
Hong Kong-based marine broker Latitude has created an online tool to compare data of the 13 marine P&I mutuals of the International Group.
Six out of 10 brokers do not see Brexit as a threat
More than six out of 10 brokers do not see Brexit as a threat, research has revealed.
Broker Direct to help brokers affected by potential LV home withdrawal
Broker Direct has offered help to its brokers who may be affected by any decision LV takes to withdraw from brokered home business.
LV Broker mulls exit from home after ‘forensic’ review
LV Broker is considering plans to stop selling home insurance, following a “forensic” review of the business.
RSA appoints David Germain as group technology officer
RSA has appointed David Germain to the role of group technology officer.
Tomorrow's Foil elects new president
Browne Jacobson insurance law specialist, Mukesh Kainth, has been elected president of Tomorrow’s Forum of Insurance Lawyers.
Willis Re promotes Kent
Willis Re has promoted James Kent, co-president of Willis Re and president of Willis Re North America, to global deputy CEO with immediate effect.
Axis buys aviation specialist Aviabel
Bermuda-headquartered specialty (re)insurer Axis has reached an agreement to buy Brussels and Amsterdam based (re)insurer Aviabel.
DWF merges with law firm C & H Jefferson
Legal business DWF is to merge with Belfast-based law firm C & H Jefferson.
Telematics platform aims to be 'alternative to aggregator'
Drivers will be able to use their telematics score to get quotes from other insurers at the end of their policy.
Webinar: Axa, Aviva and RSA to discuss impact of ADAS on insurers
There continues to be much chatter and speculation about the shape of vehicle automation and its impact on the UK motor insurance market.
Tokio Marine Kiln underwriting chairman to retire
Tokio Marine Kiln underwriting board chairman Robin Hargreaves will retire at the end of the year after spending his entire career with the company.