Financial Ratings – Page 37
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NewsRepair costs rise by a third... and are going to keep rising
Trend Tracker report predicts that repair costs will continue to increase over the next five years
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NewsBe Wiser takes a range of business actions to help target upturn in 2019
The broker recorded a pre-tax loss of £2.2m for the year ending May 2018, but chairman Mark Bower-Dyke says the business is now back on track
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NewsPremium Credit announces new non-executive director
Premium Credit promotes from within for the appointment
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NewsAnnual motor costs fall for first time in years - ABI figures
Average premiums lower than they were in 2017, despite slight rise in Q4
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NewsIT outsourcing in Ageas restructuring plans - leaked CEO email reveals
The email revealed further details on why Ageas plans to close two call centres
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NewsAgeas plans to close two call centres with hundreds of jobs at risk
At least around 400 jobs are at risk
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NewsMarkerstudy reveals plan to turn around Co-op fortunes
Markerstudy bought the Co-op’s underwriting business for £185m
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NewsPolice in Scotland target 40,000 uninsured drivers in crackdown
The week-long operation aims to remove the dangerous numbers of uninsured drivers off Scottish roads
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NewsGRP broker hires ex-Towergate director as new MD
New managing director Rob Ashburn was most recently trading director at Towergate’s SME division
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NewsCo-op sells underwriting business to Markerstudy in £185m deal
Deal includes a distribution agreement between Co-op and Markerstudy
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NewsAston Lark completes first international acquisition with Irish broker
The broker has offices in Dublin, Portlaoise and London
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Online onlyRevealed: The scores of top insurers in our new digital tool for brokers
Find out how some of the biggest insurers fared among brokers in the new Insurance Times Five Star ratings
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NewsCar premiums highest in a year, says Confused.com
Confused.com warns that the speed of price-rises is increasing, and the worst could be “yet to come”
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Online onlySaga broker profits hit by squeeze on market pricing
Saga today revealed it has been hit by the sqeeze between rising net rates given by panel insurers and the competitive price they sell products on the market.
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NewsCadbury owner seeking $100m from Zurich over NotPetya claim
Believed to be the first serious legal dispute over how companies recover costs of a cyber attack
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NewsHyperion reveals total spent on acquisitions and investments in financial year
On release of the group’s year-end financial results, chief executive David Howden said he was comfortable with the increasing debt coverage ratio
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NewsJelf sells personal lines business to A-Plan
Jelf and A-Plan have agreed to a distribution arrangement as part of the deal
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NewsMarsh owners issue $5bn senior notes offering to fund JLT deal
The pricing terms of six separate bonds have been revealed
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NewsBroker in lawsuit with XL Catlin enters administration
The broker is accused of owing XL Catlin £800,000 in received premiums
