Axa Art has targeted the owners of art and other valuable collectible items such as vintage cars, wine and furniture with its new insurance policy, ArtFIRST.
The policy has no minimum sum insured and can cover a personal collection valued at up to £1m. The insurer claimed its new offering stood out in the market as the policy-holder did not need to declare...
The insurer has begun consultation with employees as it proposes to remove jobs from the UK as the business is restructured.
Software house stresses the issue was not caused by its Pure platform.
The software house acknowledged that a further issue had occurred.
The move will not impact brokers working with its UKGI business and Colm Holmes remains UKGI CEO.