Articles by Callum Brodie
Tracker to explore European expansion as DLG agrees terms with Lysanda
Direct Line Group has completed the sale of stolen vehicle recovery and fleet tracking telematics provider Tracker to Lysanda.
Hester hire enables RSA to remove 'for sale' sign, claim analysts
RSA’s appointment of Stephen Hester to the role of group chief executive has served to remove the ‘for sale’ sign that was rumoured to have hung over the company, according to analysts.
Axa hits back at 'ludicrous' motor profit allegations
Axa has challenged Thompsons Solicitors to provide evidence of wrongdoing following allegations the insurer was failing to meet an International Financial Reporting Standards requirement in relation to revealing how much profit it generates.
Carole Nash prepares to roll out multi-car classic policy
Carole Nash is extending its cherished cars portfolio with the launch of a multi-car policy for classic vehicles.
Insurers taking a dim view of 'fronting'
Parents have been warned insurers may refuse to pay out on claims and launch legal action if they suspect mums and dads are pretending to be the main driver of a vehicle used predominantly by their children.
Direct Group targets growth following business split and name change
Direct Group has split its business into two units comprising of claims and distribution services, reshuffled its executive team and changed the name of its holding company, amid plans to grow the business by 20% in 2014.
Ex-First Assist boss Ellen to become Barbon chairman
Barbon Insurance Group has appointed Simon Ellen as its new chairman with effect from 1 February.
Flood losses not expected to arrest premium decline, claims Moody's
Widespread flooding over the Christmas period is unlikely to reverse the decline in property insurance premiums, despite the impact of the adverse weather conditions negatively affecting insurer’s earnings, according to Moody’s.
MICC boosts membership to 16 with first female representative
The MENA Insurance CEO Club has inducted its first female member in the form of Lamia Ben Mahmoud, chair and general manager of Société Tunisienne de Réassurance.
Ironshore hires Lexington's Horton for US liability risks role
Ironshore International has appointed Chris Horton as director of underwriting for US liability risks, including specialty casualty, Iron Pro, Iron Health and environmental business lines.
Difficult decisions ahead on flood defence funding, admits EA chair
The chairman of the Environment Agency has conceded there is “no bottomless purse” for flood defence spending and that decisions must be made on whether to prioritise town or country.
Brit reported to be eyeing £900m stock market return
Brit Insurance has been tipped with a stock market return in a £900m float, three years after it was made private following its acquisition by private equity consortium Achilles.
Disability broker Fish lands relationship manager
Fish Insurance has appointed Becky Rourke as its relationship manager responsible for liaison with local authorities and disability support groups.
Colosso replaces Coles as Howden CEO amid expansion plans
Howden Broking Group has appointed Adrian Colosso to the role of chief executive as part of a management reshuffle designed to build on recent expansion within the Hyperion-owned broking group.
Towergate strikes five-year motor claims deal with BGL
BGL Group has agreed a new five-year agreement with Towergate to manage motor claims for the 200 000 customers of the consolidator’s broker distribution network.
Rural plants seeds of expansion with second Farm Web swoop
Rural Insurance has expanded its regional development underwriter team with the appointment of Sarah Robinson from NIG Farm Web.
Government U-turn on mesothelioma exemption roundly condemned
A government U-turn that will result in mesothelioma sufferers no longer being able to pocket the total amount of a claim has been slammed by opposition MPs and claimant lawyers.
CII to engage LV, Admiral and Esure in retail standards scheme
The Chartered Insurance Institute will kick-start its retail standards initiative by asking senior executives at firms including LV, Admiral and Esure whether such a scheme is likely to generate industry-wide support.
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
Young driver debate welcomed despite lack of progress on green paper
Companies in attendance at a Westminster Hall debate on young driver safety have welcomed the opportunity to engage in a collaborative industry discussion, but questioned the prolonged delay of a green paper on the issue.
Proximity to schools and supermarkets used in claims propensity study
Homeowners in certain parts of Sheffield, Newcastle-upon-Tyne and Kent are among the most likely to make a home insurance claim, according to a study conducted by Marketing Matrix.
FCA claims review coincides with improving London market service quality
London market insurers have been “upping their game” in terms of claims service quality amid an ongoing Financial Conduct Authority thematic review, according to the results of Gracechurch Consulting’s 2013 claims performance monitor.
Matras returns to Axa as personal lines intermediary MD
Former Groupama Insurances managing director Laurent Matras has returned to Axa as managing director of the insurer’s personal lines intermediary division.
Ecclesiastical completes relocation of Manchester office
Ecclesiastical has relocated its Manchester-based teams to new premises in the city centre, in a move that is expected to provide additional space for regional growth.