Insurance news

• CMA in u-turn on small aggregator exemption

  18-03-2015 18:34
  All price comparison websites will now be included in a ban on price parity agreements
  
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• Marsh ProBroker research shows SMEs lack protection

  18-03-2015 18:33
  
  Network calls on brokers to help SMEs protect themselves against financial and technological risks.
  
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• Budget 2015: Biba backs business rates shake-up

  18-03-2015 18:14
  Brokers association lobbied Osborne over property tax
  
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• Budget 2015: Treasury outlines move to boost reinsurance investment

  18-03-2015 17:08
  Government will explore moves to make UK more competitive base for insurance linked securities business
  
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• Driverless cars commitment and reinsurance backing prominent in 2015 Budget

  18-03-2015 16:46
  
  James Verrinder Postonline
  
  
  Chancellor of the Exchequer George Osborne has pledged £100m to the development of driverless cars in a bid to make the UK "a centre of excellence" for the technology.
  
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• The Budget: sector welcomes Osbourne’s decisions

  18-03-2015 16:41
  
  Brokers and experts say Budget changes could be good for business with SME growth a key measure.
  
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• The Budget: sector welcomes Osborne’s decisions

  18-03-2015 16:41 via insuranceage.co.uk
  
  Brokers and experts say Budget changes could be good for business with SME growth a key measure.
  
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• Budget 2015: Industry moves to update application fraud guidance

  18-03-2015 16:18
  Refreshed guidance is first recommendation of Insurance Fraud Task Force
  
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• Development blamed for high disaster losses

  18-03-2015 15:53
  
  Francesca Nyman Postonline
  
  
  Preliminary results of a catastrophe modelling study presented at the Third UN World Conference on Disaster Risk Reduction showed little prospect of reducing economic losses from present levels of $240bn (£163bn) per year.
  
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• Task force enlists ABI and Biba to update application fraud guidance

  18-03-2015 15:36
  
  Callum Brodie Postonline
  
  
  The Association of British Insurers and the British Insurance Brokers’ Association have agreed to update their guidance on the prevention of application fraud by the end of 2015 after being prompted by the government’s insurance fraud task force.
  
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• Budget 2015: Osborne pledges legislation next week on 'Google tax'

  18-03-2015 14:58
  Tax expert warns measure to clamp down on profit shifting will ‘destroy’ UK reinsurance industry
  
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• Charles Taylor in £30.6m rights issue

  18-03-2015 13:43
  Funds will be injected into the loss adjusters acquisitions war chest
  
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• Charles Taylor profits up 39% despite loss adjusting slump

  18-03-2015 13:40
  But Chief executive David Marock says loss adjusting division primed for growth
  
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• La Playa plans further expansion

  18-03-2015 13:32
  
  Niche markets broker intends to open offices in California and Singapore.
  
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• Allianz launches PI product for brokers

  18-03-2015 13:26 via insuranceage.co.uk
  
  Professional indemnity package made available to UK broker market following six month pilot scheme.
  
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• ABI study examines the behaviour of fraudsters

  18-03-2015 13:07
  
  James Verrinder Postonline
  
  
  The Association of British Insurers has published research into what motivates insurance fraudsters. and hopes that insurers help insurers develop and refine their fraud prevention and detection practices as a result.
  
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• Allianz unveils e-traded PI product

  18-03-2015 13:03
  Complete PI is insurer’s second e-traded product for financial services
  
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• Allianz launches PI product for e-trading platform

  18-03-2015 12:48
  
  Francesca Nyman Postonline
  
  
  Allianz has launched a new e-traded professional indemnity product for the UK broker market.
  
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• Improved training not the only answer, claim motorcycle insurance firms

  18-03-2015 12:36
  
  Francesca Nyman Postonline
  
  
  Enhanced basic training for motorcyclists is a step in the right direction, but other changes are needed to reduce the rising number of riders killed and seriously injured in Great Britain, according to specialist motor players.
  
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• Blog: Welcome to Mexico

  18-03-2015 12:00
  
  Joel Peck Postonline
  
  
  It's not every day you get invited to the Mexican Ambassador's Official Residence in London. Rarer still when the event is held to praise a British insurance agency.
  
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• Blog: Client retention and counter fraud

  18-03-2015 12:00
  
  Sally Griffiths Postonline
  
  
  Fraud management is a delicate balance. Insurers have to walk a fine line in order to keep fraud at bay and keep costs and renewal rates under control in order to retain their customer base, says VFM's Sally Griffiths
  
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• Blog: A loss adjuster walks into a bar ... looking for a surge solution

  18-03-2015 12:00
  
  Jonathan Swift Postonline
  
  
  Having a pint with a senior member of the loss adjusting fraternity recently, the thorny issue of surge response/management came up again.
  
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• Local talent pools

  18-03-2015 11:56
  
  Sam Barrett Postonline
  
  
  How can insurers develop pools of talent in areas outside the capital, and how do tools such as Linked In and Skype facilitate this?
  
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• Ageas opens small fleet policy to brokers

  18-03-2015 11:46
  
  Product covers small fleets with up to 25 vehicles and will be available via e-trade portal.
  
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• ABI publishes fraud report

  18-03-2015 11:30 via insuranceage.co.uk
  
  Research aims to shed insight into the thinking of insurance fraudsters.
  
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• Ageas unveils small fleet policy

  18-03-2015 11:29
  
  James Verrinder Postonline
  
  
  Ageas' specialist policy, Optima Small Fleet, has gone live through the company's extranet service.
  
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• Crawford’s GAB Robins deal gets CMA approval

  18-03-2015 11:28 via insuranceage.co.uk
  
  Competition and Markets Authority gives acquisition unconditional clearance earlier than expected.
  
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• Ex-ERS underwriting duo May and Hill move to Bluefin MGA

  18-03-2015 11:24
  
  Callum Brodie Postonline
  
  
  Bluefin’s newly launched managing general agent Bluefin Underwriting has appointed ERS pair Jon May and Andy Hill as head of underwriting for specialist motor and head of underwriting for bike respectively.
  
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• ERS underwriting duo May and Hill move to Bluefin MGA

  18-03-2015 11:24
  
  Callum Brodie Postonline
  
  
  Bluefin’s newly launched managing general agent Bluefin Underwriting has appointed ERS pair Jon May and Andy Hill as head of underwriting for specialist motor and head of underwriting for bike respectively.
  
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• Post magazine – 19 March 2015

  18-03-2015 11:20
  
  Post Online Postonline
  
  
  The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
  
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• Ageas launches e-trading for mini-fleet product to capitalise on future growth

  18-03-2015 10:55
  A survey revealed 52% of SMEs are looking to expand their fleet during 2015
  
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• Claims Excellence Awards 2015: Meet the finalists

  18-03-2015 10:00
  LV= leads the way with seven nominations
  
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• RSA’s LatAm disposal could be a ‘game changer’

  18-03-2015 09:35
  Capital from the sale could be used to improve core markets
  
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• CMA gives green light to Crawford’s GAB Robins deal

  18-03-2015 09:14
  Acquisition given unconditional clearance
  
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• Bluefin's MGA hires underwriting managers from ERS

  18-03-2015 07:30
  Jon May and Andy Hill hired as part of plans to grow and strengthen new MGA Bluefin Underwriting
  
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• Bluefin's MGA hires former ERS underwriting managers

  18-03-2015 07:30
  Jon May and Andy Hill hired as part of plans to grow and strengthen new MGA Bluefin Underwriting
  
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• FBI investigates insurer cyber attack

  18-03-2015 03:49
  
  Andrew Tjaardstra Postonline
  
  
  US intelligence services the FBI are investigating a hack attack on US health insurer Premera.
  
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