Esure
Insurers warned over SSL phoenix company as ex-staff hit out at former bosses
Former insurer clients of defunct loss adjusting firm SSL have been warned to avoid phoenix company Artemis amid criticism of the company directors’ business practices.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Esure buys remaining Go Compare stake for £95m
Esure has purchased the remaining 50% stake in aggregator Go Compare for £95m giving the price comparison website a valuation of £190m.
Trio sentenced after LV and Esure hit back at £145k crash for cash scam
A trio of crash for cash fraudsters have been handed custodial sentences following collaboration between LV and Esure to bring down a criminal ring.
Personal injury claims on the up in motor as hearing loss claims rise too
Analysts predicting full year squeeze on profitability after Q3 results
Esure motor Q3 motor GWP down 9% after rate battles
Esure has reported a year-on-year 8.8% decrease in motor gross written premiums for Q3 as the insurer seeks to secure increased rates from policyholders.
Standard Life Investments plays down 8% Esure stake as fund decision
Standard Life Investments' decision to take an 8% stake in Esure this month is not an indicator of any strategic plans from its parent life insurer.
IFR retains insurer support despite membership delays
Insurers have reiterated their support for the Insurance Fraud Register despite onerous data standards meaning that half of the UK’s largest motor players are yet to become members.
Insurance Fraud Awards 2014: The winners
Ageas was acclaimed as having the fraud investigation team of the year at last night's Insurance Fraud Awards.
Reserve releases aid insurers in posting first profit since 2006
The UK property and casualty sector is set to post a profit for the first time since 2006, with the average combined operating ratio expected to be around 96.5% for 2013, according to Moody’s.
LV Broker appoints Blanchard as account manager
LV Broker has appointed Alex Blanchard as strategic account manager for personal lines accounts including Swinton, A-Plan, Coversure and Esure.
Analysts criticise insurers’ use of reserve releases for distorting H1 results picture
Admiral boss Engelhardt calls focus on reserves in financial reporting ‘bizarre’
More pain predicted for motor market as regulation rears its head
Listed insurers Esure, Admiral and Direct Line Group are expected to fare better than most as the motor market enters the toughest part of the underwriting cycle, according to a note published by Berenberg.
Men and women equally safe drivers say 49%
Just under half of Britons view male and female drivers as equally safe according to a survey from Sheila’s Wheels.
Esure reports steady results as it unveils ABS plans
Esure profits have grown 0.4% for the first half of 2014 with chairman Peter Wood praising the group's disciplined underwriting in difficult market conditions.
Add ons review ‘gloomy reading’ for motor insurers
A regulatory review of the sale of general insurance add ons makes for “gloomy reading” for insurers including Direct Line, Esure and Admiral according to one analyst.
RSA UK claims boss Pitt to replace Hannah as Esure COO in Q4
Esure has appointed RSA’s claims director for UK and Western Europe David Pitt as its chief operating officer.
Motor rate reductions to end in 2015 say analysts
Motor insurance rates will steadily increase next year after nine successive quarters of reductions according to analysts from Oriel Securities.
Insurance companies failing to respond to online questions
An online customer service study of ten major UK insurance players has revealed that just 30% of emails and tweets are responded to successfully.
Esure IPO highlights UK prominence in private equity domain
The UK has asserted itself as a key market for private equity activity, according to a study by international law firm White & Chase.
Covéa personal lines boss Batabyal resigns
Covéa personal lines director Colin Batabyal has resigned after almost four years with the business, Post can reveal.
Esure reports GWP fall for Q1
Esure reported a fall in gross written premium to £123.5m in the first three months of 2014, down from £124.2m in the first quarter of 2013.
MP tables early day motion praising Esure and Thatcham for AEB efforts
Esure and Thatcham Research were praised for efforts towards raising publicity around autonomous emergency braking systems in an early day motion tabled at Westminster yesterday.
Ridesharing: Sharing responsibility
The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability