All articles by Scott McGee – Page 24
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FCA sees 61% increase in disciplinary action
The FCA saw a dramatic increase in the number of UK financial firms and insurers referred to its independent decisions committee
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30% of consumers would consider switching to Amazon, Google or Facebook
Research by GlobalData reveals almost a third of consumers would buy their insurance from tech conglomerates
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Ex-AA chief seeking £225m in damages
Ex-AA chief seeking £225m in damages for dismissal following fight with another executive
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AXA to provide £20m of capacity to Gresham
AXA and Gresham sign three-year deal where the insurer will provide £20m of capacity
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Sedgwick completes Cunningham Lindsay capture
Sedgwick finalises the purchase of Cunningham Lindsay and its subsidiaries
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SSP investigating issues 'as priority' after customers suffer continued disruption
Some customers have been having trouble accessing their emails since Friday, a problem SSP is investigating the issues “as priority”
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Crawford takes aim at escape of water with new specialist team
The move is aimed at tackling the rising cost of EoW claims
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AXA calls for new governing standards for driverless cars
AXA and Burges Salmon says new standards would be vital to better guess if a driver is liable for an accident during the ’handover’ of control
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Gang of eleven convicted in £250,000 crash for cash scheme
Gang of 11 convicted for multiple schemes valued at around £250,000
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Ghost broker jailed for making £321,000 worth of false claims
Man jailed for selling 21 fake car insurance policies and making 18 fake claims
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More gaps to fill for Jelf after Clark Thomson acquisition
Jelf says Clark Thomson puts them in a dominant position in Scotland but says there are still gaps that need to be filled.
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Allianz UK to provide insurance for Drivy customers
Allianz UK to partner car sharing platform, Drivy, to provide insurance to customers
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Two companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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Innovation stymied by capital rules, says OECD
An OECD report says that innovation in insurance could be blocked because insurtech start-ups face crippling capital rules under Solvency II
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Waste company in £4.8m battle with Zurich over convicted 'machete attacking' director
Niramax Group says Zurich should pay the claim for a plant fire, regardless of shadow director’s 2010 conviction for attack involving 16-inch machete
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London Market announces new chairman
Beazley CEO announced as the new chair of the London Market to see the group into Brexit
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REG speeds up GDPR agreements to help clients
REG hopes to help clients meet GDPR deadline by reducing cost and time of issuing TOBAs
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Broker Network makes sixth regional addition with Surrey purchase
Broker Network adds Weald to complete its sixth “regional powerhouse” purchase
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Marsh eyes Scottish independent broker amid return to UK acquisitions
Insurance Times understands Marsh is in talks to make its first acquisition since Bluefin in 2016
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Amanda Blanc to leave AXA for rival insurer
AXA chief executive leaves to take the reins of a big rival insurer