Commercial Lines related articles – Page 96
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Online onlyLloyd’s firm with A-rated paper swoops to help brokers amid Irish insurer run-off
MGAs and insurers have been experiencing capacity constraints as the market hardens
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NewsPioneer puts Lloyd’s syndicate into run-off
The MGA said it will instead focus on business where Pioneer can provide differentiated value through expertise and distribution
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NewsAdmiral subsidiary worker wrongfully dismissed, court finds
The Admiral subsidiary sacked employee before the conclusion of criminal enquiries
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NewsPI insurer stops writing business for IFAs
Another PI insurer has stopped writing business for IFAs due to a tough market
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NewsTokio Marine Kiln defends handling of harassment case as whistleblower ex-employee sues
Whistleblower alleged victimisation after original allegations were brought to light earlier this year
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NewsSwiss 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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NewsTasker 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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NewsLaw 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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NewsCopart 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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NewsAgeas chief executive warns of unsustainable premium prices
Andy Watson reveals that climbing claims costs is creating pricing pressure.
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NewsRe-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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NewsFraudster 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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NewsVibe syndicate goes into run-off
The MGA had previously said it was closing some of its business units
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NewsHiscox 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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NewsBeazley 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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NewsInsurance 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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NewsBusiness 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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NewsBarbon 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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NewsSolve 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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NewsBiba 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.
