All articles by Newsdesk – Page 25
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News
Boards need to hire younger directors to prevent cyber threat
Finance experts say young directors can contribute in-depth understanding of the risks and preventative strategies
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Finance sector high on list of criminal targeted cyber-attacks
The research by Control Risks predicts that hardware compromise will be the most impactful cyber-attack technique in 2016
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Brightside signs five-year deal with RAC
Under the terms of the agreement Brightside will sell a variety of breakdown products to customers across its motor book
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Quindell investors kick off legal action
Law firm Your Legal Friend is acting on behalf of 342 disgruntled investors who intend to sue the company for £9.4m
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European Council adopts Insurance Distribution Directive
Member states now have two years to embed the directive into their regulatory framework
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News
National Accident Helpline hires Simon Trott as MD
Trott’s appointment will enable Russell Atkinson to focus on his role as chief executive of the NAHL group
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Allianz makes two senior hires to replace John Knowles
One of the roles will be filled by Stephanie Smith who has been promoted to chief operating officer
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Fitch turns negative on Towergate ratings over debt and cash flow
Ratings agency says there is ‘significant execution risk’ with broker’s turnaround plan
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Cathedral’s chief executive and finance head to leave
Moves a result of continuing integration with parent company Lancashire
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Julie Page to leave Marsh following Jelf restructure
The bulk of Page’s commercial and consumer unit will transfer to Jelf
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Online only
IFB to expand investigations into property and liability
Ben Fletcher said IFB would continue to maintain focus on motor amid expansion
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News
Generali boss Greco tipped for Zurich top job
It will mark a return for Mario Greco who was Zurich GI boss from 2010 until 2012
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Zurich names David Nichols UK GI operating chief
Former Endsleigh interim MD replaces Barry Perkins
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Agenda
Focus on drone risk after toddler loses eye
The horrific incident occurred after a drone caught a tree and span out of control
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News
IFB and ICO to share information on data misuse
Recent IFB figures that fraudsters are changing tack and moving into other lines of organised fraud
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Flood claim volumes still 30% above normal despite slowdown
Local power issues almost resolved but more rain on way, says Cunningham Lindsey
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Chubb to offer cover against cyber bullying
The insurer says policy will cover the cost of professional help, time of work and possible relocation
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Mobile phone insurance provider faces possible FCA action
Mobile phone insurance market follow-up probe found some improvements, however this was not the case with many firms
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News
L&G staff to vote in final strike ballot over potential Kingswood closure
The final strike ballot will begin tomorrow and will end on 4 January
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News
Oak makes hire from Zurich for underwriting head
Rowntree will report directly to Oak MD Mark Coffey