News
Google France looks to re-enter insurance market amid talks with insurers
Google's French division is seeking partnerships with insurance companies to work across some of its businesses including smart-tech provider Nest.
Watchstone not yet recognising liability for £9.4m damages claim from investors
Watchstone Group, formally Quindell, has stated in its half year results that it is not yet recognising any liability for the £9.4m claim for damages made against it by Quindell shareholders.
SSP admits possible loss of a week’s worth of data
A week’s worth of documents may have been lost by SSP as a result of the outage that occurred 20 days ago.
Lords committee launches inquiry into driverless vehicles
The House of Lords Science and Technology Committee is to conduct an inquiry into future uses of autonomous vehicles in the UK.
Treasury Committee's Solvency II inquiry to focus on capital requirements for annuities
The Treasury Committee’s inquiry into Solvency II post-Brexit is likely to examine capital requirements for annuities and potential risks for reinsurers, according to Fitch Ratings.
Aviva to cut 85 full-time roles in Leicester and London
Aviva will cut 85 full-time roles from its commercial underwriting teams as a result of a refocus on its digital and local trading solutions.
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
Cold calling ban on solicitors could be dropped by SRA
The rule which bans solicitors from cold-calling members of the public could be dropped as part of the Solicitors Regulation Authority handbook review, prompting lawyers and insurers to urge against the move.
Finch parent company acquires Swiss brokers Advantis
Verlingue, parent company of Manchester based corporate insurance broker Finch, has acquired Swiss commercial insurance brokers Advantis, an offshoot of the insurance handling arm of KPMG.
CPP will spend £6.5m on own platform rather than use SSP
A credit card insurer said it will spend £6.5m to develop its own IT platform rather than use SSP as a partner.
One third of UK firms now buy cyber cover
UK firms are taking increasingly seriously the need for adequate cyber insurance, with 29% of businesses now in the process of buying cover.
CCPC issues summonses to Irish motor insurers as premiums continue to rise
Major Irish motor insurers and brokers have been issued with witness summonses from the Competition and Consumer Protection Commission.
Lloyd's Market Association appoints Tom Hamill to lead delegated authority matters
The Lloyd’s Market Association has appointed Tom Hamill as senior executive, underwriting. Hammill will lead on all delegated authority matters, including binding authorities, lineslips, consortia and other facilities.
Industry braced for disruption from insurtech start-ups
Insurance professionals believe there will be an increase in new products and innovation in the coming years, driven by competition from disruptive insurtech firms, research has found.
Industry welcomes plans to build 'Great British Firewall'
The industry has welcomed plans to create a ‘Great British Firewall’ that will offer protection to major business against malicious cyber-attacks.
Ageas launch new app-based insurance to reel in millennials
Ageas have launched a new app-based insurance product aimed at millennials who feel their needs aren’t being met by traditional insurance products.
Keating leaves One Commercial to seek 'new challenges'
Mike Keating, managing director of Leeds-based insurer One Commercial has decided to leave the business after four years of service.
Neil Galjaard appointed divisional MD of Markel UK
Markel International has appointed Neil Galjaard as divisional managing director of Markel UK.
DWF joins Aviva in urging the government forward on whiplash reforms
Law firm DWF has joined Aviva in urging the prime minister to progress the promises made in last year’s Autumn Statement on whiplash reforms and the raising of the small claims limit.
Towergate launches London underwriting centre
Towergate has created a specialist London underwriting centre, led by Lloyd’s veteran David Leathem.
SSP declines to say when full service will be restored
SSP has declined to put a timeframe on when document archives will be restored to brokers.
Australian Securities and Investments Commission targets add-ons
Some of Australia's largest insurers have been named in a critical report examining car insurance add-ons sold by car dealers.
CILA enters into partnership with Malaysian Insurance Institute and Singapore College of Insurance
The Chartered Institute of Loss Adjusters has entered a partnership with the Malaysian Insurance Institute which will see the Malaysian body promote chartered status in the territory.
ABI fraud conference highlights the risk of cyber-fraud
Medium and expanding businesses have the most to fear from cyber-fraud, according to speakers at the Association of British Insurers Fraud Conference.