Insurer
FCA hits intermediary with £2.8m mobile phone insurance fine
The Financial Conduct Authority (FCA) has fined Policy Administration Services (PAS) £2,834,700 for poor complaints handling of mobile phone insurance policies.
Grant links up again with former Brit boss Cooter at Covéa
Former Brit man Tim Grant has joined his ex-boss Simon Cooter at Covéa Insurance.
Das teams up with Broker Network for new scheme
Das and Towergate-owned Broker Network have launched a new commercial legal expenses scheme exclusively for Broker Network and Countrywide ‘Complete’ members.
BDO adds former Littlejohn man Roberts to financial team
BDO has named former Littlejohn chief David Roberts as partner and head of insurance within its financial services team.
Ageas brands RIAS and Castle Cover go live with Quindell
Ageas has gone live with Quindell’s Napier rating and underwriting engine.
Biba CEO: Brokers should not fear FCA conflict of interest review
British Insurance Brokers' Association (Biba) CEO Steve White has insisted that brokers who have adopted previous conflict of interest guidance "have nothing to be worried about" by the regulator's review.
Catlin weighing up "alternative means" for UK business
Lloyd's insurer Catlin is considering "alternative means" of handling its UK regional business.
FCA reveals conflict of interest review at 3R's event
A thematic review into broker conflicts of interest will be launched by the Financial Conduct Authority (FCA), it was today revealed by the regulator at Insurance Age's 3R's event.
RSA names Coughlan as underwriting chief
RSA has appointed David Coughlan as group underwriting director.
Broker Network and Countrywide add two senior recruits
Towergate has made two appointments to its networks division.
Barbican goes to Willis for new cyber underwriter
Barbican Group Holdings has appointed Jayne Goddard as cyber underwriter in the company’s specialty division.
Direct Group expansion plans underway with 200 new roles created
Direct Group is set to create 200 jobs following a relocation of its head office.
Editor’s letter - July 2013
“Consistency is what brokers always tell me they want… and both Mr Torrance and Allianz have delivered this in spades”
Brokers express disappointment over Aviva job cuts and outsourcing plans
Moving claims functions to India may harm the provider’s brand, industry warns
Market shocked at Torrance departure
Brokers welcome Jon Dye as incoming Allianz CEO after Andrew Torrance’s unexpected decision
Debate over unrated passporting providers rages after Balva debacle
Removal of Latvian insurer’s operating licenses hits UK professional indemnity market
Professionalism in action
Insurance Age has hosted a roundtable with experts from across the insurance industry as part of our on-going campaign about professionalism.
In-depth: Living the high life
It is getting increasingly difficult for brokers to stand out in the high net worth sector, so attention to detail and service could make all the difference, reports Edward Murray
Market moves: End of an era
It was the end of an era this month for three insurance stalwarts. Both Andrew Torrance, Allianz UK CEO, and Ecclesiastical UK managing director Steve Wood confirmed they were calling time on their 10 and seven-year stints in their respective roles…
Open GI to replace CDL as Markerstudy's software provider
Open GI will replace CDL as software provider for Markerstudy group's retail division over the next five years.
Hiscox in overseas property push
Hiscox has revamped its overseas home insurance offering with extra lines of cover.
Aviva launches PMI offering for larger companies
Aviva has launched a new private medical insurance (PMI) product for large employers in a bid to provide employees with "an easier claims journey".
Insurance insolvencies doubled in May
Insurance failures doubled during May 2013, compared to the same month a year ago, a report has found.
McChesney steps into Zurich role from Allianz
Zurich has confirmed the appointment of Gareth McChesney as director of personal lines underwriting and pricing for its UK general insurance business.