All articles by Scott McGee – Page 34
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Ripe launches new tailored policy service for small businesses
Ripe want to allow businesses with 10 employees or less “to build their perfect insurance policy”
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Fraudster sentenced for inflated insurance claim worth over £240,000
Alex Markham inflated the value of filming equipment stolen from him during a burglary
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Ardonagh confirms purchases of Carole Nash and Mastercover
Ardonagh announced the acquisitions in October, but have now confirmed the paperwork has been exchanged
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Davies enhances digital capability with fifth acquisition of 2017
Davies acquires motor engineering and total loss solutions provider TLSS to form part of Davies Motor
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Convicted insurance fraudster ordered to pay back over £183,000
Dr Benjamin Chang has to pay over £183,000 within three months, or his sentence is doubled
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Volante to launch new multi-class international MGA
Volante Global Limited, a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018
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Backlash after car seized by cops for “not being insured for commuting”
West Yorkshire Police have been blasted on social media for seizing the car, with one person asking if there were “no real criminals to catch?”
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Don’t get caught out by festive flooding, warns the ABI
After three storms caused £1.3bn of damage around the festive period in 2015, insurers are ready to respond to any flooding that takes place this year
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Aviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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FCA warns of “bogus entity” operating in the UK without authorisation
Bulwark Insurance is not authorised by the FCA and is targeting people in the UK
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“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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Car insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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New surveillance technology launched to fight fraud
New Video Surveillance as a Service (VSaaS) system, Ocucon launched to fight fraud
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Davies Group enters Countrywide PLC partnership
Davies Group will provide professional indemnity claims administration services for Countrywide PLC
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REG (UK) selected by Lloyd’s to reduce burden on UK coverholders
Lloyd’s will utilise the REG platform to help reduce the administrative burden on UK coverholders
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Plum opens new underwriting and service centre
Plum Underwriting launched the centre as part of its strategy to support continued growth
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Towergate launches third Geo Specialty London markets team
Towergate Underwriting today launches the third London markets team in its Geo Specialty business in four months
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Man sentenced after 13 fraudulent claims for damage to his car
Neil Oldfield tried to claim 13 times for damage to his car caused by HGV drivers, one of whom quit his job as a result
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Allianz-backed insurtech company announces new CEO and £2.5m of capital
Quantemplate announces David Lundgren and new investment capital to support further expansion into UK, US and European markets
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Loss adjusters and rogue investigators found guilty of unlawfully disclosing personal data
The company, Woodgate and Clark Ltd were found guilty of the unlawful disclosing of personal data