Insurance news

• RTA Portal reappoints Tim Wallis as independent chair

  18-06-2015 18:18
  
  More than 4,500 organisations are now registered to use the claims portal
  
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• Personal injury makes up half of insurers' claims costs

  18-06-2015 18:05
  
  By contrast in Germany Allianz estimates that just 4% of claims costs are the result of personal injury
  
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• Craig Tracey MP plans to promote small businesses

  18-06-2015 17:48
  
  The former Dunelm Insurance Brokers owner says government needs to understand the impact of regulation on small independent brokers.
  
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• Motor insurance sector data collection practices scrutinised in CMA report

  18-06-2015 17:10
  
  Katie Marriner Postonline The Competition and Markets Authority has highlighted widespread concerns about the use of consumer data and a "fragile level of trust" about future methods of data collection in a report focusing on three sectors, including motor insurance.
  
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• Motor insurance sector data collection practices scrutinised by CMA

  18-06-2015 17:10
  
  Katie Marriner Postonline The Competition and Markets Authority has highlighted widespread concerns about the use of consumer data and a "fragile level of trust" over future methods of data collection in a report focusing on three sectors, including motor insurance.
  
  Read more

• LV pays tribute to Katy Hawker following her sudden passing

  18-06-2015 16:27
  
  Callum BrodiePostonline LV managing director John O’Roarke has paid tribute to the insurer’s former director of business change, Katy Hawker, following her sudden death at the age of 47.
  
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• Wallis reappointed Claims Portal chairman

  18-06-2015 14:48
  
  Katie Marriner Postonline Tim Wallis has been reappointed chairman of Claims Portal Limited following a review of the role.
  
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• Nexus targets European acquisition after further BP Marsh cash injection

  18-06-2015 13:42
  
  Francesca NymanPostonline Niche venture capital provider BP Marsh & Partners has increased its investment in independent specialty managing general agency Nexus Underwriting Management in order to support its acquisition plans.
  
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• Fidelis picks Sequel as software provider

  18-06-2015 11:42
  
  Katie Marriner Postonline New entrant Fidelis has chosen software company Sequel to provide it with a range of underwriting, claims and risk exposure solutions.
  
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• Deloitte: Connected homes to revolutionise household market

  18-06-2015 11:42 via insuranceage.co.uk
  
  Firm warns insurers of potentially tricky times ahead.
  
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• From Tulsa to Winslow, Arizona

  18-06-2015 11:40
  
  Charles Manchester on 72oz steaks and dodging tornados on Route 66.
  
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• Besso Limited announce major board restructure

  18-06-2015 11:04
  
  The company has appointed two joint CEOs as current chairman Colin Bird stands down
  
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• Airmic 2015: Five things we learned from the Airmic panel debate

  18-06-2015 10:34
  
  Francesca NymanPostonline Often seen as nothing more than an opportunity for broker and insurer finger pointing, this year’s Airmic panel debate benefited from the presence of a risk manager in the form of BP insurance manager Lesley Harding.
  
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• CII opens for applications to New Generation programme

  18-06-2015 10:32
  
  Deadline to enter year-long 2015/2016 programme is 7 August.
  
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• Broker Direct targets urban postcodes with new motor product

  18-06-2015 10:12
  
  Policy developed in partnership with Ageas.
  
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• Post magazine – 18 June

  18-06-2015 09:12
  
  Post Online Postonline The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
  
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• BP Marsh invests further in MGA ahead of proposed acquisition

  18-06-2015 09:04
  
  The venture capital company increased its stake in Nexus Underwriting by 4.8%
  
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• BP Marsh further invest in MGA ahead of proposed acquisition

  18-06-2015 09:04
  
  The venture capital company have increased their stake in Nexus Underwriting by 4.8%
  
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• MedCo vows to take action on wily medical reporting firms

  18-06-2015 08:30
  
  MedCo is responding to MoJ concerns that some reporting firms are trying to get around new portal rules
  
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• Customers show concern over motor insurance data collection

  18-06-2015 08:12
  
  Research has shown the customers confidence in data collection is fragile
  
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• Deloitte predicts sharp drop in home insurance profitability

  18-06-2015 07:30
  
  Industry at risk of making its first home underwriting loss since 2007
  
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• Home insurance market to be close to underwriting loss by 2016

  18-06-2015 01:19
  
  Callum BrodiePostonline Insurers are in danger of presiding over an underwriting loss in the home insurance market for the first time since 2007 if underlying profitability continues to be hampered by falling premiums.
  
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