News
R&Q acquires legacy book from Belgian insurer
Randall and Quilter has taken on a portfolio of legacy exposures from Aviabel.
Ferraris and Porsches among uninsured luxury cars seized by police in 2016
Porsches, Ferraris, Bentleys and Maseratis are among the 22,000 uninsured vehicles seized by police in 2016, a new survey found.
Insurance premium tax goes up to 10% in second increase in less than a year
Insurance premium tax rates will go up to 10% tomorrow, marking an overall rise of 66% in less than a year.
Minor damage insurance sales are on the rise
Minor damage insurance sales are on the rise as new private registrations appear to be falling.
Insurers call on government to halt motorway expansion plans due to safety fears
Insurers have called on the government to put a hold on all lane running plans across the motorway network until safety concerns have been answered.
French regulator to 'speed up' licensing for UK firms following Brexit vote
The French stock market watchdog will simplify licencing procedures for UK businesses considering relocating to France following the Brexit vote.
Dual sees fresh wave of senior departures
Two senior directors have left Dual in a latest batch of senior departures, Post understands.
List of 305 brokers affected by SSP outage submitted to FCA
The Financial Conduct Authority has received a list of 305 brokers affected by the SSP outage.
FCA sees dramatic rise in cyber attacks
There were 75 cyber attacks on financial services firms last year, the Financial Conduct Authority said.
CII will move from Insurance Hall, Fisher confirms
Chartered Insurance Institute CEO Sian Fisher told Post that the body will move from historic Insurance Hall to offices in the city.
Hanjin crisis now a ‘global claims phenomenon’, loss adjusters warn
Loss adjusters have been appointed multi-million pound contracts to recover cargo lost as a result of the Hanjin shipping crisis.
Lorega appointed loss adjuster for Brightside
Lorega will provide loss adjusting and recovery services to SME clients of Brightside.
Competition watchdog to investigate price comparison sites
The competition watchdog is to examine whether the information listed on price comparison sites can be trusted.
Homes should come with flood warnings, says ABI
Home buyers are more likely to assess accessibility to parking than risk of flooding when buying a house.
A2J claims on insurer trust crisis is ‘pot and kettle moment’
A report from claims lawyers saying the public don’t trust insurers is “one of the year’s best pot and kettle moments”, according to the Association of British Insurers.
R&Q agrees to reinsure outstanding SIMIA contracts
Randall and Quilter has reached an agreement with closed mutual SIMIA to reinsure all outstanding contracts.
Portas joins PWC as partner
Jane Portas has joined Price Waterhouse Coopers UK as a partner.
FCA data centre outage due to 'accidental discharge' of sprinkler
The outage of the Financial Conduct Authority’s online reporting platform was caused by the ‘accidental discharge’ of a sprinkler system.
AA underwriting business expands into home
AA’s newly launched underwriting business is on target to write 100,000 policies in the first year of its launch.
Video: Post's He for She commitments
Post is supporting the Chartered Insurance Institute’s He for She campaign - making simple, achievable personal commitments that inspire others to join the conversation and show support for gender parity.
Public don’t trust insurers to pass on car insurance savings
Four out of five members of the public do not believe insurance companies will hand customers any savings made from proposed government reforms to personal injury claims.
Alton Towers crash could see more attention paid to risk management, insurers say
Insurers have said the Alton Towers 'smiler' crash has forced them to look closer at theme park risk management.
Vitality offers Apple Watch in 'health telematics' deal
Health insurer Vitality has become the first in Britain to encourage customers into exercising by offering an Apple smartwatch as a reward.
Maguire set to retire from CEO role at Aegis
Alan Maguire will retire as president and CEO of Aegis after 20 years with the business.