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Allianz reaction to MoJ response

Allianz said they are disappointed with MOJ response. Roy Hebburn, divisional claims manager (technical) said: “The Ministry of Justice (MoJ) response to the consultation is deeply disappointing. It is difficult to conclude that the outcome is anything…

Countrywide confirms new MD

Network Countrywide has appointed Nick Haycock as managing director, as revealed by Insurance Age at the beginning of the month.

Towergate launches personal financial advisory model

Towergate Financial, a new financial advisory business launched under the Towergate brand, has raised over £100m to pursue its plans to acquire regional IFAs. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB…

Insurers’ IT strategies are not 'green' says Datamonitor

The insurance industry, perhaps more than any other sector, has the most to lose - and gain - from global climate change. In spite of this, a recent survey by independent market analysis firm Datamonitor, ‘Business Trends: Global Insurance Technology…

Increased fraud by rogue intermediaries says survey

A survey carried out by law firm Pinsent Masons has revealed that the general insurance market feels concerned about the risk of fraud posed by intermediaries. It found that a third of respondents were unsure or felt that the systems and controls they…

Allianz welcome flood deal

The announcement that the insurance industry, through the Association of British Insurers, and the Government have reached agreement on the future of flood insurance provision is welcomed by Allianz.

Aon revamps public sector risks team

Aon has revamped its public sector risks team under new national head, Phil Tompsett. The goal is to bring further flair and commitment to public sector risk management to help reduce potentially crippling claims from rising litigation.

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