Insurance news

• Thomas Carroll buys Monmouthshire Insurance Services

  05-04-2016 16:39 via insuranceage.co.uk
  
  Sale comes after strategic review by Monmouthshire Building Society.
  
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• FL360 looks to rehab growth as it acquires majority stake in Corpore TTN

  05-04-2016 16:23
  
  FL360, the holding company of Speed Medical Examination Services, has acquired a majority stake in Corprore TTN, the independent rehabilitation and injury management firm.
  
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• Highways England to trial 'Wi-Fi road' on A2/M2 as part of Innovation Stratgey

  05-04-2016 14:36
  
  Highways England has today released its Innovation Strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
  
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• Highways England to trial 'Wi-Fi road' on A2/M2 as part of innovation strategy

  05-04-2016 14:36
  
  Highways England has today released its innovation strategy which sets out its wide-ranging plan to ensure it is keeping pace with advances in technology.
  
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• Biba urges cooperation to allow brokers to cede to Flood Re

  05-04-2016 13:53
  
  The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.
  
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• InsurTech Futures: FCA commits to innovation

  05-04-2016 12:39 via insuranceage.co.uk
  
  Regulator reveals ‘Regulatory Sandbox’ designed to reduce regulatory burden on innovative firms.
  
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• Oil price shocks could drive insurers out of energy sector

  05-04-2016 12:02
  
  Cost-cutting in the energy market as oil prices fall could see insurers consider exiting the sector, according to Willis Towers Watson’s annual energy market review.
  
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• FCA levy on insurers and brokers to decrease in 2016/17

  05-04-2016 12:02
  
  Funds cover cost of FCA’s regulatory activities
  
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• London broker sentenced for commission fraud

  05-04-2016 11:51
  
  Bandagu Manzeke faces jail for selling fake insurance policies following IFED investigation
  
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• Riot cover to continue as standard as Act gets Royal Assent

  05-04-2016 11:50
  
  Property insurers will continue to include riot damage cover as standard after lobbying by the Association of British Insurers contributed to the government introducing a £1m per claim limit in the Riot Compensation Act 2016.
  
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• Insurance broker sentenced over commission fees fraud

  05-04-2016 11:41 via insuranceage.co.uk
  
  IFED investigation leads to sentencing at The Old Bailey court in London.
  
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• FCA 2016/17 core fees reduced for brokers

  05-04-2016 11:01 via insuranceage.co.uk
  
  However 1.6% reduction could be offset by addition of consumer credit costs.
  
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• Insurance revenue and Ebitda drop at the AA

  05-04-2016 10:55 via insuranceage.co.uk
  
  Firm’s annual results show decrease in insurance policy numbers.
  
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• Brokers, insurers and Lloyd's MGAs see FCA fees reduced

  05-04-2016 10:51
  
  Brokers, insurers and Lloyd’s companies will see their contribution to the Financial Conduct Authority annual funding requirement reduced in 2016/17, according to the proposed fees published today.
  
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• Brokers, insurers and Lloyd's carriers see FCA fees reduced

  05-04-2016 10:51
  
  Brokers, insurers and Lloyd’s companies will see their contribution to the Financial Conduct Authority annual funding requirement reduced in 2016/17, according to the proposed fees published today.
  
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• AXA saves nearly £400,000 defending three motor fraud cases

  05-04-2016 10:44
  
  Court cases unveiled staged accidents, exaggerated costs and phantom injuries
  
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• The Stats: April 2016

  05-04-2016 10:30 via insuranceage.co.uk
  
  Twice a year Insurance Age conducts a Sentiment Survey of brokers. We believe it is a crucial barometer of market concerns.
  
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• Facing the future

  05-04-2016 10:30 via insuranceage.co.uk
  
  Technology is changing the way brokers do business and how customers buy insurance, but is the broking world ready for big developments happening in FinTech? Insurance Age finds out
  
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• C-Suite Insurer: Covéa's Adrian Furness - Standing up for customers

  05-04-2016 10:30
  
  I’m concerned that as the debate about the latest whiplash reforms gets louder (I’m being polite), the most important person in the process is being forgotten - the customer
  
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• Broking break: And finally...

  05-04-2016 10:30 via insuranceage.co.uk
  
  Ceta’s David Quick reveals what he thinks should happen to politicians who lie, while LV’s Euros Jones explains his love for South America
  
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• New law allows insurers to reclaim 2011 riot costs

  05-04-2016 09:18
  
  Insurers can reclaim up to £1m per claim
  
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• AA insurance profits, revenue hit by greater churn in motor

  05-04-2016 08:51
  
  Insurance sees fall in revenue and profit for year to January
  
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• Shared parental leave is suffering teething problems

  05-04-2016 01:01
  
  Figures show fewer than 1% of UK men have taken time off work to spend with their new baby – largely due to money Talk about baby steps. On the first anniversary of the government’s shared parental leave scheme, figures show men have not leapt at the chance to have a chunk of time at home with their new baby.According to the research by My Family Care and the Women’s Business Council, the main obstacle was family finances. This should not come as a surprise. Equality campaigner
  
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