Insurer
Two jailed after £77 000 fake car crash
Two men have been jailed for 12 months after two families created a fictitious car crash in an attempt to claim £77 000.
Axa Wealth fined £1.8m over advice failures
Axa Wealth has been slapped with a £1.8m Financial Conduct Authority fine after the regulator found it failed to ensure it gave suitable investment advice to its customers.
Axa Wealth fined £1.8m in UK over advice failures
Axa Wealth has been slapped with a £1.8m Financial Conduct Authority fine after the UK regulator found it failed to ensure it gave suitable investment advice to its customers.
Zurich fails in Accident Exchange settlement bid
Zurich has been rejected in a bid to settle more than 50 credit hire rate disputes with Accident Exchange.
Aviva appoints new non-executive director
Aviva has appointed Michael Mire as an independent non-executive director. He will also join the Board Risk, Governance and Nomination Committees.
VRS Vericlaim appoints 11 associate directors
Loss adjustor VRS Vericlaim has promoted 11 of its staff to associate directors of the company.
Solvent GI firms warned about PRA stance on schemes
Professional services giant KPMG has raised concerns that a draft supervisory statement issued by the Prudential Regulatory Authority suggests that the PRA no longer considers schemes an appropriate tool for solvent insurers.
Lost digital content worth over £1bn
Britons have lost more than two billion pieces of digital media content, for example songs and apps, in the last two years, research from Sainsbury’s Bank home insurance has found.
AIG promotes Breuil in Hong Kong
AIG has given Marc Breuil, president and CEO of Hong Kong, an additional role as head of country operations for Hong Kong and Taiwan.
Zurich appoints head of corporate business in Hong Kong
Zurich has appointed Jeremy Lau (pictured) to lead the insurer's corporate and commercial business in Hong Kong.
DLG confirms involvement in FCA complaints handling review
Direct Line Group has confirmed it is one of the three firms from the general insurance sector to be involved in the Financial Conduct Authority’s thematic review on complaints handling.
Asta appoints new non exec
Asta Managing Agency, the Lloyd’s leading third party syndicate manager, announces that Andrew Hubbard has joined the board as an independent non executive Director with effect from 01 September.
Select Committee delays Soca list release
The Home Affairs Select Committee has agreed to delay the publication of the so-called Soca list until after 8 October to avoid interfering with the Information Commissioner’s own investigation into the blue-chip firms who used rogue private…
Fixed rate health insurance launched by ESMI
Healthcare provider Essential Supplementary Medical Insurance has launched fixed rate health insurance, the first of its kind in the UK.
RSA ‘disappointed’ at consequential losses judgement
RSA has welcomed the judgement on its client’s warehouse riot case, which was burned and looted during the riots of August 2011.
Landmark ruling clarifies compensation under Riot Act
A judge has ruled the attack on a Sony warehouse in Enfield during the riots of August 2011 falls within the scope of the Riot (Damages) Act but that the consequential losses arising from the event do not.
Ace receives license to open in Tunisia
Ace Group has received approval from the Tunisian Ministry of Finance to establish a reinsurance operation in Tunisia as part of its continued strategy to grow its business throughout its Middle East and North Africa region.
Subsidence ruling could see more claims against liability insurers
A recent judgement has modified the existing case law on a private property owner’s liability in respect of building subsidence caused by trees.
Zurich names De Swaan chairman
Zurich Insurance Group has appointed Tom de Swaan as its chairman after Josef Ackermann stepped down last month following the death of the group’s chief financial officer.
Aviva risk engineer joins vehicle CCTV manufacturer Vue
Manchester-based vehicle CCTV manufacturer, Vue CCTV, has recruited an Aviva motor fleet risk engineer to serve as business development manager.
AIG recruits from Starr for marine loss control manager
AIG has recruited Steve Broderick to serve as its marine loss control manager with immediate effect.
First Assist unveils business development manager
First Assist Legal Protection has appointed Thomas Jones as business development manager.
Scotland's Future - Scottish courts kick-start modernisation
In just over a year (18 September 2014) Scotland will decide whether it wishes to remain part of the UK or become an independent nation.
Neil Moge to lead EMEA insurance portfolio at Goldman Sachs
Neil Moge has been hired by Goldman Sachs to lead a London-based team overseeing investments for insurers in Europe, the Middle East and Africa.