News
Honcho granted FCA approval as it expands into motor market
Price comparison website disruptor, Honcho has been granted authorisation from the Financial Conduct Authority as it expands into the motor insurance market.
Rate increases remain inconsistent, says JLT
Rate increases remain inconsistent with rises largely limited to loss effective lines of business, according to Jardine Lloyd Thompson.
Crawford boss to become partner at Harris Balcombe
Crawford’s head of financial risk services, Steven Nock, is to join loss assessor Harris Balcombe when partner Nick Balcombe retires in autumn this year.
Swiss Re names Jake Algar Corporate Solutions head
Swiss Re's insurance arm Swiss Re Corporate Solutions has named Jake Algar head of UK & Ireland, effective 1 May 2018.
Bridle Insurance CEO set to take over Sunderland FC
Bridle Insurance CEO, Stewart Donald, is set to sell Eastleigh, in order to buy Sunderland Football Club.
Tokio Marine Kiln appoints Anna McNamara as chief operating officer
Tokio Marine Kiln has appointed Anna McNamara as group chief operating officer with effect from 26 April.
R&Q profits jump after Lloyd's managing agency disposal
Randall & Quilter saw a 176% jump in pre-tax profit in 2017, up to £23.5m from £8.5m in the previous year.
Insurers should re-examine attitude to chemical weapons following Salisbury incident
The insurance sector should re-examine its attitude towards business interruption and chemical weapon exclusions in the wake of the Salisbury incident, according to Pool Re.
IFB issues caveat on insurance fraud figures
Crime numbers that show a decline in insurance fraud are not likely to be representative, the Insurance Fraud Bureau has warned.
Watchstone losses continue as group prepares for divestment
Watchstone made an underlying Ebitda loss of £3.6m in 2017, compared to a loss of £4.9m in the previous year.
Rising Star: Fiona Simpson, Cunningham Lindsey
Fiona Simpson is a senior adjuster for Cunningham Lindsey. She started at Allianz Global Corporate & Specialty after studying insurance law and has since worked her way up the adjusting ladder.
Carole Nash products director to leave the business
Exclusive: Carole Nash products and marketing director Nick Baker is set to leave the business this summer.
Neos eyes up connected home security service following partnership with Homeserve
Smart insurance provider Neos has partnered with Homeserve Labs and will begin to offer Leak Bot devices to its home insurance policy holders from June 2018.
Shares in Hastings fall owing to rising claims costs
Hastings Direct said it experienced an unforeseen increase in claims costs due to adverse weather conditions experienced during the beginning of 2018.
Analysis: How the industry was shamed by the gender pay gap
It was never going to go well. Even a year ahead of the results, industry figures were predicting that the industry would shame itself when the gender pay gap numbers were published.
Call Connection administration period extended
Insurance lead generator Call Connection has extended its administration period to 13 July 2019.
Markerstudy capacity owner QIC sees profit fall
Markerstudy capacity owner, Qatar Insurance Company, has reported a 24% fall in profits.
Civil Liability Bill gets second reading in Lords
Peers in the House of Lords examined the Civil Liability Bill yesterday in the Bill's second reading.
Allianz to complete squeeze out and delist of Euler Hermes
Allianz is set to squeeze out remaining shareholders of Euler Hermes delist the trade credit insurer from the Paris stock exchange on Friday.
Interview: Edmund Dilger, Policy Castle
Digital household insurance broker Policy Castle is on the hunt for funding as it looks towards partnering with high street brokers and large insurers.
Post-Grenfell research lays bare fire safety test failures
Research conducted on behalf of the insurance industry in the wake of the Grenfell Tower fire has exposed the scale of fire safety testing failures.
Obituary: Ken Scowcroft, Swinton founder
Ken Scowcroft, the founder of Swinton Insurance, has died at the age of 89.
Sedgwick appoints Malcolm Hughes as Ireland CEO
Sedgwick has appointed Malcolm Hughes as CEO of its Ireland operations.
Lloyd’s starts hiring for Brussels subsidiary
Lloyd’s has started hiring staff for its Brussels subsidiary.