The fraudster, a broker relationship manager, was sentenced to two years imprisonment suspended for two years and 180 hours of unpaid work after pocketing £106,000 for setting up fake insurance policies and redirecting claims payments.
Panellists at the CII Conference discussed the changes the industry needs to make in order to meet customers' needs and what skills brokers can work on in order to maintain lucrative relationships with clients.
Panellists at this year's CII Conference discuss the need to build public trust in insurance after the expectation gap between consumers and the industry has widened as a result of the pandemic.
The task force, chaired by Lloyd's, is comprised of insurance executives and aims to provide a platform for the sector to collectively advance the world’s progress towards a resilient, net-zero economy.
Research from By Bits shows drivers of all ages are feeling increasingly unhappy with their motor insurers, while only 11% of providers say they are actively trying to change their approach.
Stay up-to-date with the latest job changes in the world of insurance.
Twitter’s director of planning shares top social media tips for the insurance industry and discusses what the sector can do to stay relevant.
He becomes an independent non-executive director alongside James Illingworth and Jane Hayes.
In Pride month, Sian Barton says it’s good to see some action that goes beyond slapping a rainbow flag on a logo as Zego announces a policy to help trans and non-binary staff in the business.
The commercial motor insurance provider will offer unlimited therapy sessions and paid leave for those undergoing transition
The body is calling for “rising star” applicants to its 2021 programme.
The syndicate is writing approximately 20% of CFC’s established portfolio, which it said will generate around £100m in gross premium.
Keep up to date with the latest people moves.
The two firms have said that their motor fleet insurance products are now available to self-drive hire, own goods, courier, and tradesperson fleets across the UK
The transfer sees Steve Gordon join Geo Underwriting as product head while the Ardonagh-owned entity expands its marine proposition.
The GRP-owned network says members will have full access to Markel UK’s product range including professional indemnity, care, charity and community groups, and cyber.
Niche brokers say they have no choice but to use unrated insurers as compliance experts call for a change of the "unfair" FSCS levy system after the scheme steps in to pay claims following Gefion's bankruptcy.
Motor insurtech says the new leadership team joins as the group "eyes the significant opportunity to better serve customers" following the FCA's dual pricing ban.
The MGAs have co-created cover for freelancers and micro-SMEs operating in the health and wellbeing sector.
FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.
CEO Chris McCann tells Insurance Age about entering the UK market post-Brexit and reveals the Dublin-based company’s plans for the future.
The organisation says the number of policies traded on its imarket solution reached a record high in March 2021, after volumes dropped in 2020 when businesses closed due to the pandemic.
Steve Kingshott joins from Tesco Bank to replace Cheryl Agius who left in January.
CFC said micro M&A transaction liability is an untapped insurance market and a clear opportunity for brokers.