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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.

Searchlight launches consultancy arm

Insurance training provider Searchlight Insurance Training has launched a dedicated consulting arm headed by associate director Sue Buck. The new operation will specialise in human resources (HR) and training and competence (T&C) consulting for firms…

AA welcomes flood risk agreement

AA Insurance has welcomed the announcement from the Government and the Association of British Insurers that the insurance industry will continue to offer cover to people at risk of flooding.

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