Insurer
More than 100 insurance failures during 2012
More than 100 insurance businesses went bust during 2012, a study has revealed.
Fraudster jailed using Towergate CCTV footage
A conman who deliberately caused a crash with a heavy goods vehicle (HGV) to make fraudulent insurance claims has been jailed for a year.
NIG launches new e-trading platform
NIG has launched TheHub, a full-cycle e-trading platform for commercial brokers.
Legal & General in home group deal
Legal & General has signed a home insurance deal with Bought By Many, a new company which provides consumers with discount insurance when they purchase in groups.
McLarens in regional push
Loss adjusting firm McLarens has expanded its team in the South West of England, with plans to grow further in the region.
Aspen in global goods move
Aspen Risk Management has launched a worldwide goods-in-transit policy.
Covéa boosts fraud-fighting team
Covéa Insurance has appointed Steve Jackson as head of financial crime.
Admiral considering claims specialist takeover
Admiral is reportedly planning a tie-up or merger with a Bristol-based claims specialist.
L&G partners with Aqueduct for HNW
Legal & General (L&G) has launched a new product, Enhanced home insurance, designed for customers in the mid and high net worth markets.
Cobra boosts regional network team
Cobra has appointed four new account managers across the UK.
New PPI guidance issued to avoid "previous failings"
The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have published guidance designed to avoid repeating payment protection insurance's (PPI) "previous failings".
Concerns over cyber risks grow, says Zurich
More than three in four (76%) organisations say they have become more concerned about information security and privacy over the past three years - but only 19% have purchased insurance designed to cover these exposures, according to new research…
Ecclesiastical's Tripp to leave in 2013
Ecclesiastical group chief executive officer Michael Tripp will retire this year.
Catlin launches terrorism cover
Catlin has introduced a terrorism insurance product including crisis response services and coverage for chemical, biological, radiological and nuclear (‘CBRN’) losses.
Sheila Nicoll to leave FSA
Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave when it changes to the Financial Conduct Authority (FCA) in April.
Lawton explains the new regime at Towergate
Mike Lawton, CEO of Towergate’s broking division, has explained his approach in his new role and what he has found at the consolidator in an exclusive interview with Insurance Age.
Towergate parts company with regional MD in Midlands shake up
Insurance Age can reveal that Towergate regional managing director for the Midlands Paul Watts has left the business, with two further MD changes.
Lonmar hires ex-Towergate London Market chief
Lonmar Global Risks has appointed Martin Hughes as a divisional director in its agency division.
RWA chief blasts Biba's 'sweeping criticism' of insurers
Research from the British Insurance Brokers’ Association (Biba) which claimed insurers were becoming more difficult over paying out on claims has been deemed “spin” as opposed to “worthwhile research”.
School closures could mean £500 payouts
Towergate Insurance has stated that parents could claim up to £500 on its school closure policy if schools remain closed due to snow.
Revenues up at Hyperion as management mulls IPO
Hyperion Insurance Group has reported revenue of £110.6m for 2012, up 42% from the £87m reported in 2011.
Flaxman Partners labels insurers "disingenuous" amid Biba fallout
Claims specialist Flaxman Partners has defended the British Insurance Brokers' Association's (Biba) controversial research revealing that insurers have become stricter on paying claims.
Axa adds more execs to the UK
Axa has bolstered its direct arm with the addition of two new roles – a pricing and claims officer along with a chief operating officer.
Junction strikes five-year RAC deal
Junction has agreed a five-year deal with the RAC to continue managing motor insurance for new and existing customers.