News
FCA and financial firms agree to join forces on complaints handling
The Financial Conduct Authority has agreed with financial firms to make improvements to the way complaints are handled in the sector.
Evoque launches claims and appraisals services
Evoque Claims and Appraisals has launched a service for insurers and brokers that aims to speed up the claims settlement process.
Digital M&A competition to intensify, claims Towers Watson report
Property and casualty insurers are increasingly targeting digital distribution as the most attractive channel for acquisition, according to a report published by consultancy business Towers Watson.
Axa Assistance extends motor partnership with Royal British Legion
Axa Assistance UK has extended its partnership with The Royal British Legion to provide motor breakdown insurance to its members and supporters.
Canopius Asia appoints crisis management underwriter
Specialist re(insurer) Canopius has appointed Liliz Chen as a crisis management underwriter in Singapore.
Bonnington and Holt join Dual PI team
Dual has hired Stephen Bonnington to lead its professional indemnity and cyber business.
Financial crime risk management no longer 'tick box' exercise says EY
Small commercial brokers face an uphill struggle to ensure they are meeting the the Financial Conduct Authority's expectations on financial crime risk management, according to EY.
Brightside hires Lloyds household pricing head Gardner
Broker Brightside Group has hired former Lloyds TSB senior manager Chris Gardner as its new home underwriter and product manager.
18 killed in Shandong fire
A huge food plant fire killed 18 people and injured 13 others in Shandong yesterday evening.
Ageas eyes general insurance opportunities in Asia
Frank van Kempen, Ageas chief commercial officer for Asia, has said Ageas's non-life arm has plenty of room for growth.
Markel lauches two new cyber products
Markel International’s professional and financial risks division has launched two new emerging risks products.
Fidelity halves Quindell stake to less than 5%
Quindell investor Fidelity has halved its stake in the company and now holds a 4.9% interest.
New broker Shepherd Compello launches in London Market
EPG Insurance Services has launched a new Lloyd’s broking arm Shepherd Compello.
FCA slams SME commercial brokers for narrow bribery risk control
The Financial Conduct Authority has accused small commercial insurance intermediaries of failing to manage bribery and corruption risk effectively.
CPP seeks capital injection as it restructures balance sheet
Credit Card insurer CPP has received interest from investors to inject £9m of new equity into the business as it looks to restructure its balance sheet after paying out £1.3bn compensation to customers who were mis-sold insurance.
G4S ready for PI regulation as 250 staff obtain minimum standard qualification
G4S Investigation Solutions managing director Matthew Cantle is confident staff at his operation will be ready to meet the regulatory requirements for private investigators by April next year.
Clarke appointed to lead Allianz's retail telematics strategy
Allianz has appointed Glen Clarke as head of telematics in the retail division.
LV promotes Peak to broker marketing director
LV has promoted Anna Peak to the newly created role of broker marketing director.
AIG to re-align distribution function in Scotland and Northern Ireland
AIG has named casualty business boss Ross McLeod as head of its new Glasgow office amid the re-alignment of its distribution function in Scotland and Northern Ireland.
Howden snaps up Brazilian broker from Hub
Howden Broking Group has acquired Brazilian broker Harmonia Corretora de Seguros from Hub International.
Marsh claims executive Croll joins Cunningham Lindsey
Cunningham Lindsey has hired Marsh claims executive Brian Croll as a customer service consultant based in Glasgow.
Kennedys poaches BLM partner Yandell to grow PI team
Law firm Kennedys has bolstered its professional indemnity team with the appointment of BLM’s Caterina Yandell as a partner.
Capita insurance boss Greatorex to take over as group FD
Capita insurance and benefits services director Nick Greatorex will leave the role next month to take over as group finance director ahead of the departure of long-standing FD Gordon Hurst.
Miller launches membership and affinity cover after hiring International SOS trio
Independent broker Miller is has launched insurance for membership and affinity schemes following the launch of a dedicated offering driven by three senior hires.