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Axa

FOS reveals PPI complaints halved in H2 2011

The Financial Ombudsman Service (FOS) received a total of 106,193 complaints between 1 July and 31 December 2011, and figures show that Barclays Bank was by far the biggest culprit in terms of payment protection insurance (PPI) complaints.

Axa: Household claim fraud averages £607

Research by Axa has revealed that the number of people exaggerating a home insurance claim has jumped by 17% since last year, with an estimated 200,000 consumers adding an average of £607 to their claim.

Bluefin gains chartered status

Bluefin has been awarded chartered status from the Chartered Insurance Institute (CII) having completed the entry process in November last year.

Where now for Groupama et al?

So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…

Axa loses London sales chief

Axa Commercial Lines' head of sales for London, Jamie Lewis, has resigned from the company, although a spokeswoman for the insurer would not confirm when he had done so.

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