All articles by Newsdesk – Page 32
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CSC joins Capita in race for Xchanging after Apollo drops out
The technology provider has entered the race with a bid of £437m
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Parliament approves Flood Re legislation
Regulations governing running of scheme are now in force
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Engineering insurer HSB launches SME cyber policy
Cover mainly aimed at businesses with turnover of up £10m
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Ex-Gallagher duo’s new broker gets £2m VC funding
Albion Ventures invests in Dickson and Pearson’s Innovation Broking
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Transactor splits into separate broking and insurance units
Transactor London Market chief Chris Newman will oversee both units
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MGA Gresham-owner hires ex-Oval Group MD as chair
Appointment of Jeff Herdman will help Tasker Group with its growth plans
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Integro acquires motorsports broker Ellis Clowes
Acquisition will help Integro to build its sports specialty practice
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Premium finance firm Bexhill launches broker-funded lending scheme
Broker Invest enables brokers to lend their own funds and earn up to 20% from their premium finance business
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Agenda
SSP-owned distributors Keychoice adds trio to its management team
The distribution business is looking to widen its management structure
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Eldon signs breakdown cover deal with RAC
Broker to offer RAC product though GoSkippy and Footprint brands
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HomeServe deal will bring Aviva 'exciting' opportunities - Phil Bayles
Agreement will enable Aviva to provide new products and services to its customer base
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FCA plans test lab for new financial products
‘Regulatory sandbox’ will allow companies to try ideas without fear of regulatory consequences
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Cyber security held back by insurance and regulation - spy chief
The normal drivers of change; regulation, incentivisation, insurance cover and legal liability, are still immature
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El Niño brings risk of storms to UK over next three months
The Met Office has warned that that this year’s El Niño is more than likely to become the strongest on record
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Bollington hires mid-market director from Aon
Karen Adegoke will be responsible for leading the mid-market and corporate teams at Bollington
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Marsh/Jelf deal will cause 'ripple effect' of brokers selling - Ian Stutz
But Ian Stutz says any possible departure of Brokerbility members through acquisition will not affect quality of network’s book
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Crawford announces further restructuring as nine month profit down
Separately the third quarter results show improved performance
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S&P upgrades Ageas Insurance to 'A'
Rating reflects Standard and Poor’s confidence in the financial strength of the business
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Zurich UK GI unit to cut up to 440 jobs
Cuts part of programme to reduce costs by at least £40m and simplify structure
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Dye: Allianz motor rate hikes are ‘well ahead’ of claims inflation
UK chief executive confident that remedial action will work