Insurer
Ageas and QBE added to Applied System’s livechat service for brokers
The insurers join Axa, Allianz and NIG offering the live webchat service on the Applied TAM commercial lines platform.
LV's GI operating profit more than doubles in first half of 2017
Operating profit hits £49m compared to £22m in the first half of 2016.
AA admits to insurance sales talks with Hastings
However, Hastings statement reveals talks between the two motor insurance firms have ceased.
Chubb selects France as EU hub
Chubb, the first insurer to pick Paris as its preferred post-Brexit trading location, added that the move is dependent on regulatory approval.
Das reflects on 2016’s £17.4m loss
CEO Andrew Burke says business is now in “growth phase” of turnaround but admits that some job losses cannot be ruled out as it seeks to “rationalise expenses”.
Ex-RSA employee jailed for £270,000 fraud
Former staff member goes to prison as accomplice gets suspended sentence following pleading guilty to defrauding the insurer.
Insurers could be hit with £100m GDPR bill
Brokers urged to seek consent from customers and a put plan in place.
CFC launches dark web monitoring tool
MGA says CFC BreachAlert will notify policyholders in real-time if any of their data is posted on the dark web.
Up to 150 jobs at risk in L&G's Hove office - report
Insurer says it plans to move a group of customer service roles from Hove to Birmingham by the end of the year.
Broking Break - Your Top 5
Insurance complaints, Ogden and acquisitions all hit the headlines and made up your top five stories this week.
Insurance Cares: Insuring customer journeys
Eric Leenders of UK Finance explains how developments in how banks help vulnerable customers prove that the insurance sector can achieve the same outcomes.
Quizzical questions: 8 September 2017
Test your knowledge of the week's news with our topical quiz.
Operating losses grow to £17.4m for Das in 2016
Figures show growth in GWP but COR remains north of 100%.
ERS split from disgraced Bell Pottinger
The insurer said the relationship ended before the PR company was expelled from the Public Relations and Communications Association.
Markel International to buy ECIC
ECIC provides products for contractors and affinity groups in the UK building services sector.
Industry welcomes Ogden rate reform proposals
Biba calls for speedy implementation of proposals.
ERS launches agriculture operations team
Insurer says move follows feedback from brokers wanting easy access to its agricultural operations.
Government’s proposed changes could bring Ogden rate up to 0-1%
New framework would see the discount rate reviewed every three years.
InsurTech Futures: First blockchain platform for marine insurance launched
EY and Guardtime team up with Willis Towers Watson, MS Amlin, XL Catlin, A.P. Møller-Maersk, ACORD and Microsoft on new platform.
Tokio Marine Group picks Luxembourg as post-Brexit base
According to the firm its aim is to have the new insurance company incorporated and capitalised within the first half of 2018.
Direct Line Group most complained about insurer
Figures from the Financial Ombudsman also put Aviva, Ageas, Axa and RSA into the top five most complained about providers.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
InsurTech Futures: Investment in UK InsurTech soars to record levels
London remains European centre for InsurTech investment, says Accenture as £218m is ploughed into the sector.
Quizzical questions: 1 September 2017
Test your knowledge of the week's news with our topical quiz.