News
“Collateral lies” acceptable in claims rules court
Supreme Court decides that “collateral lies” should not invalidate a claim.
No “bonfire of regulation” post Brexit, says FCA chief
Andrew Bailey said he does not foresee a “great bonfire of regulation” as watchdog sets up department to deal with EU exit.
Allianz rolls out new initiative to prevent SME underinsurance
Insurer previously confirmed it would no longer apply average to SME claims.
Chubb launches biogas and solar package
Proposition available in the UK and Ireland as the insurer expands “cleantech” offering.
Ex-Biba accountant pleads guilty of £24,000 fraud against trade body
Accountant may be facing jail after case at Old Bailey for stealing money from Biba.
Arag posts increased GWP for 2015 but profits slip
An "artificial peak" in profit for 2014 distort comparison with 2015 according to insurer.
InsurTech Futures: Start-ups focus on customer relationships
Report shows a third of InsurTech start-ups look to improve customer relationships.
KPMG poll highlights "apathy" towards driverless cars
Insurers and brokers lack of interest is because they believe that they have ample time to prepare their business before the technology becomes mainstream.
Markerstudy and Be Wiser agree partial pull back
Insurer says move is not part of wider reorganisation.
More driverless car accident data needed, says DLG
Both the insurer and manufacturer must play a role in determining who was at fault when an accident happens.
Tokio launches online broker platform
The web-based platform will give brokers direct access from their desktop to a range of specialist business lines.
#insagepeople 18 - 24 July
Keep abreast of the movers and shakers in the insurance world this week. Please bear with us, the component can take up to 30 seconds to load.
AmTrust buys Arc Legal
Deal adds 14 million policies to USA-led firm.
Broking break: Your top five stories
In the run up to Friday the most read stories include Gable ceasing to write new business, Towergate being fined £2.6m and job cuts at Allianz.
Gable closes to new business
Insurer posts £24.3m pre-tax loss for 2015.
Quizzical questions: 15 July 2016
Test your knowledge of the week’s news with our topical news quiz.
Gable posts £24.3m pre-tax loss for 2015 and stops writing new business
Unrated Liechtenstein-based insurer aiming to achieve Solvency II compliance.
Bluefin Network and Jackson Lee Underwriting join up
New range of products designed to help members offer broader niche solutions.
Eighty more jobs at risk at Allianz
Insurer confirms a total of 250 potential redundancies following its organisational restructure.
Chubb enhances tech company product
Provider lists key features including cyber cover and no warranties.
ABI: Theresa May appointment a “positive day”
Trade body vows to work closely with government over insurance industry Brexit issues.
Zurich series on Future Proofing Broking: The views of the next and current generation of brokers
Whitepaper part of bespoke series to promote fresh thinking in the sector.
Experts urge brokers to abide by the rules following Towergate's £2.6m fine
The FCA says it has previously issued warnings to the industry on the importance of complying with client money rules.
New underwriting structure will make life easier for brokers, promises Charles Franks
Tokio Marine Kiln brings underwriting into four divisions.