All articles by Newsdesk – Page 26
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News
ABI sets out insurer commitments to help Storm Desmond victims
The commitments enshrine our promise to customers on what they can continue to expect from us - ABI
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Gallagher MGA Pen promotes Gareth Crosbie to claims director
Crosbie joined Pen from Fusion last year
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Agenda
EU lawmakers in milestone ruling on cyber security
Insurers and brokers remain unsure on how best to rate and sell cyber
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Xchanging's board backs increased CSC takeover bid
CSC’s original offer of 170 pence per share was trumped by Ebix at 175 pence per share
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Agenda
RSA to sell entire Russian operations for £5m
The entity, known as Intouch Insurance, accounted for £27m net written premiums in 2014.
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Agenda
Cunningham Lindsey using drone technology to assess Storm Desmond
Around 3,000 homes have been flooded
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Agenda
Storm Desmond: Flood Re on track for April 2016 - McCafferty
The scheme was initially slated for launch in the summer of 2015, but has received several knockbacks
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FOS receiving growing number of complaints about premiums
Some insurers are offering cheap premiums to new customers but longer-standing policyholders see year-on-year increases
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Broker director handed 11-year ban for mis-selling insurance
My Cover’s David Stuart Picton caused company to mis-sell more than 11,000 policies
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Richard King to return to helm of Ingenie
Current chief executive Chris McKee will leave to pursue other interests
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Aviva to invest £100m in technology start-ups
Insurer launches Aviva Ventures venture capital arm
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Storm Desmond could cost insurers £325m
Total cost of damages could be £400m to £500m, PwC insurance head predicts
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Admiral ‘most exposed’ to bodily injury claims cost rise - analyst
Macquarie expects insurer to be hit hardest because it underwrites a greater proportion of younger drivers
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Investment in flood defences must increase - PwC
Defences in some areas of UK were unable to overcome Storm Desmond despite being built or upgraded in recent years
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Storm Desmond drives four-fold increase in customer calls to Allianz
AXA has put in extra staff in claims centres to deal with surge as industry braces itself for more rain
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ABI moves to reassure customers about insurers' response to floods
Currently there are 46 severe flood warnings in the North West where there is a danger to life - Environment Agency
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First ever global insurance FinTech accelerator kicks off in London
Teams with the potential to transform the UK insurance industry will pitch their ideas at the Insurance Times ID2016 conference in April
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Brokerbility breaks £50m GWP barrier with London broker acquisition
Company buys Churchill Insurance Consultants
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BGL in talks with staff as future of Dutch aggregator arm in doubt
BGL says if it cannot find a buyer for hoyhoy the business will be closed