Insurer
Catlin confirms XL’s £2.5bn takeover approach
Deal would be funded through mixture of cash and shares.
Gallagher opens office in Cornwall with four recruits from Towergate
Broker sets out plans to grow in the region.
Covéa's new fleet product available to brokers
Product aimed at businesses with a fleet of up to 25 and will be in the market at the end of December.
Aviva creates tech forum
Insurer organises ‘meet-ups’ to develop insurance technology after noticing “explosion” of FinTech in London and “seeing a gap” in the market.
Open GI claims first on MyLicence
Other companies set to start using the scheme in 2015.
Cullum-backed GRP backs Plum MBO
Plum Underwriting completes management buyout following support from Cullum-backed Global Risk Partners.
Tasker buys licensed trade sector broker
Tasker Insurance Group snaps up Dartford-based Pro Hospitality.
Liberty Mutual expands Manchester branch
New recruits to target casualty and property business.
Fitch revises 2015 outlook for insurance market to stable from negative
While the outlook for the company market improves, the London market moves from stable to negative.
Blagrove Underwriting hires Martin Cleary
Cleary joins the insurer from Ageas.
Barbican Insurance Group hires Matthew Waller
Waller becomes cyber, technology and media underwriter.
FCA could stop firms using premium rate numbers
Regulator is considering changes to the rules on complaint handling and post-sale calls.
FCA chiefs to face MPs
Executives called to Parliament following Davis Report.
FCA proposes GAP insurance sales changes
New rules set to come into force in September 2015.
Who regulates the regulator?
We’ve been awaiting the findings out the Davis Report ever since that fateful Telegraph article which saw millions of pounds wiped of the value of shares for the major insurers.
FCA investigation cost £3.8m
Total costs include £2.04m for the Clifford Chance Review and £1m for advice to the FCA and witness representation.
Alps strikes deal with Higos
Deal means that Higos will offer comprehensive motor breakdown cover to all vehicle classes.
Towergate and Gallagher will still dominate 2015
Howard Lickens, Clear CEO predicts that the big consolidators will still lead the news in 2015.
Clifford Chance Review: FCA apologises
Independent inquiry leads to cut in executive's bonuses.
Biba gives evidence on Insurance Bill
Body presented its views to a House of Lords special public bill committee.
CDL predicts more "healthy" growth as staff count heads towards 500
Gary Johnson, managing director, aims to bring 'silicon valley to Stockport'.
UK General Insurance refinances with Clydesdale Bank
Leeds-based insurer says deal will help it take advantage of growth opportunities.
Premierline joins Willis Commercial Network
The Allianz owned business buys Willis's Businesscare as part of the deal.
Jason Eatock is the new head of SME at Zurich UK
He takes over role within the commercial broker business and replaces Richard Coleman.