Articles by Callum Brodie
Transport minister raises driverless car hacking concerns
The government is “mindful” of the threat posed by hackers to driverless vehicle technology and has suggested that future developments will require sophisticated encrypted protection.
Prospect of formal Quindell investigation raised in parliament
Pressure is mounting on embattled outsourcer Quindell after a former City minister posed a parliamentary question on whether the firm, its board and its advisers were being investigated or if any future probe was being considered.
Capita seals three year Hiscox outsourcing contract extension
Hiscox has signed a three year contract renewal with outsourcer Capita Insurance Services.
RSA marine liabilities boss Hart joins Skuld as class underwriter
Marine insurer Skuld has appointed RSA’s Nick Hart as marine liability class underwriter.
Debenhams signs three year car insurance deal with Eldon
Eldon Insurance has agreed a three year partnership deal with Debenhams Retail that will result in the Newcastle-based firm providing car insurance for the retail firm.
Fraud a bigger concern among EMEA financial firms than global counterparts
Europe, Middle East and Africa based financial institutions are more concerned about risks related to fraud and employee dishonesty than their global counterparts, according to a study by Aon Risk Solutions.
Chase Templeton premium income moves north of £100m with triple purchase
Private medical insurance specialist Chase Templeton has concluded 2014 by tying up a trio of acquisitions that are expected to generate £2m in annual premium income.
Flight MH17 wreckage arrives at Dutch airbase ahead of probe
Wreckage from the ill-fated Malaysia Airlines flight MH17 will be reconstructed after being transported to the Gilze-Rijen airbase in Holland as part of a probe into what brought the plane down.
Crawford hit with CMA enforcement order regarding GAB deal
The Competition and Markets Authority has launched an investigation into whether Crawford and Company’s acquisition of fellow loss adjuster GAB Robins will serve to diminish competition in the UK.
Average policy savings of £15 predicted following My Licence launch
Motor Insurers’ Bureau CEO Ashton West has set his sights on the “the holy grail” of delivering claims data at the point of quote by 2016, following the launch of the My Licence initiative, which is expected to spark customer savings.
Ex-Amlin and QBE project leader Day replaces Hobbs as IUA programme director
The International Underwriting Association has appointed Louise Day as programme director to lead company involvement in the London Market’s modernisation programme.
Airmic calls for one-day policy issuance to become industry norm
Airmic has called on, insurers, brokers and risk managers to work together to start the renewal process earlier and change market practice, in a bid to achieve day-one policy issuance.
Bradford man who staged accidents receives suspended sentence
A fraudster who deliberately slipped on a wet bakery bag in a Lidl supermarket so he could make a bogus personal injury claim to AIG worth £10,000 has received a suspended prison sentence.
Ex-soldier and wife jailed for falsely claiming son was blinded
A husband and wife who conned AIG out of £70,000 by claiming a bicycle accident left their young son blind in one eye have both been sentenced to 12 months in prison for fraud.
Duke Street increases investment in Parabis Group
Private equity investor Duke Street Capital has upped its investment in Parabis Group in a bid to help the personal injury umbrella firm capitalise on opportunities in the legal services sector.
Ex-Gallagher partnerships MD Sanderson joins Cardif Pinnacle
Cardif Pinnacle has appointed former Arthur J Gallagher partnerships managing director Alan Sanderson as chief commercial officer.
CII new generation group outlines workplace stress recommendations
The notion of workplace stress as a “ticking time bomb” for the insurance industry has led the Chartered Insurance Institute’s underwriting faculty new generation group to recommend measures to tackle the issue.
Accenture poll shows 21% of insurers do not have a digital strategy
One fifth of insurers do not have a digital strategy in place, according to an Accenture survey of 141 firms operating in 21 countries.
Amlin and XL to lead capacity for Aon public sector MGA
Global broker Aon has launched a managing general agent targeting the public sector with property, casualty, financial lines and motor classes of business.
ABI boss Evans urges fraud task force to take on CMCs
The Association of British Insurers has joined member firms in welcoming the government’s decision to launch a fraud task force, but claimed it must tackle claims management companies if it is to be deemed a success.
Insurers urged to avoid repeat of credit hire ‘debacle’ in future FCA reforms
Association of British Insurers chairman Paul Evans has called on member firms to “not wait until the last possible moment” to act on expected regulatory interest around introductory offers for new customers.
No amendments added to 'fundamental dishonesty' Bill in Commons reading
The Criminal Justice and Courts Bill received no further amendments during its latest reading in the House of Commons yesterday, despite criticism from the shadow justice minister relating to clause 56 on fundamental dishonesty.
Open GI and Powerplace complete MBO worth upwards of £300m
Open GI and sister company Powerplace have completed a management buyout valued in excess of £300m after tying up a deal with Montagu Private Equity following approval form the Financial Conduct Authority.
Soft market failing to whet premium appetite among risk managers
Airmic members are not buying more insurance despite declining rates and instead continue to show faith in their captive solutions, according to a survey conducted by the risk management association.