Commercial Lines related articles – Page 95
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Swiss Re bemoans Brexit uncertainty as biggest economic threat
The concern centres on the uncertainty that remains over the future direction of Britain, which in turn is dampening the economic outlook
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Tasker Insurance Group acquires Worthing-based business insurance specialist
The purchase marks TIG’s third acquisition this year as the insurer strengthens its retail proposition
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Law firm partners fined £80,000 for selling insurance through own broker
FairPlane UK directors to cough up after breaching Solicitors Regulation Authority principles
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Copart launches report on Brexit-driven trends in salvage market
Now that the UK is facing an election, there is yet another delay before the final timing of Brexit is pinned down. But, the expectation of the UK leaving the EU has already had a major impact on the motor salvage market
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Ageas chief executive warns of unsustainable premium prices
Andy Watson reveals that climbing claims costs is creating pricing pressure.
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Re-insurance scheme helps quarter of a million households in high flood risk areas get cheaper home insurance
The Flood Re initiative has benefitted 3,049 Birmingham households to date
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Fraudster cleric locked up for £31,000 personal injury scam
Luton-based pastor ordered to pay £16,000 after attempting to con court officials with personal injury insurance scam.
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Vibe syndicate goes into run-off
The MGA had previously said it was closing some of its business units
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Hiscox shares take a battering as opioid abuse scandal threatens to engulf insurance industry
Hiscox said it was taking pre-emptive action to head off a casualty catastrophe
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Beazley reports 12% increase on gross written premiums for Q3
The London market insurer shows a total $2.192m for gross written premiums in the first nine months of 2019.
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Insurance industry unites to raise funds and awareness for dementia campaign
The Insurance Day of Giving, spearheaded by The Alzheimer’s Society and the insurance sector, takes place today.
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Business secretary slams Thomas Cook for personal injury insurance oversight
Thomas Cook self-insured the majority of personal injury claims, meaning those with serious injuries or loss of life are now treated as “unsecured creditors”
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Barbon Insurance Group and Let Alliance complete merger
The combined business aims to offer protection and ancillary services to letting agents and landlords.
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Solve culture crisis or face sanctions, insurers told
Insurers and brokers told they have to create an internal culture in which staff feel safe and secure to report wrongdoing
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Biba heralds success of signposting service as 700,000 older users to date
More older people are seeking help with motor and travel insurance as a result of cross-industry signposting scheme.
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Industry needs to work to eradicate credit hire hikes
Head of the Credit Hire Organisation told Insurance Times that collaboration between credit hire firms and insurers has never been closer.
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Insurer will take time over UK property and casualty exit
MS Amlin previously said it was withdrawing from nine classes of business.
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Markel adds freelance and contractor broker to its portfolio
The SME specialist gains Manchester-based business insurance broker.
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Brokerbility members rate Aviva as best insurance partner
Brokerbility’s 13th bi-annual survey reveals brokers rate Aviva for claims and underwriting
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Pop-up insurance museum to inspire next generation
Insurance Museum project aims to fundraise £3m for pop-up site near Leadenhall Market