Articles by Katie Marriner
Building Block to target networks for distribution in UK launch
Malta-domiciled business Building Block is to target a range of networks to distribute its products as part of a two-pronged business plan.
Malta business Building Block launches in UK
A Malta-domiciled insurance business offering guaranteed asset protection insurance has launched in the UK market.
Seventeen Group buys Professional Insurance Advisers
Seventeen Group has acquired Rickmansworth-based Professional Insurance Advisers for an undisclosed sum.
Axa in talks to buy Genworth's lifestyle protection arm
Axa has entered into exclusive negotiations with Genworth Financial for the potential acquisition of its lifestyle protection insurance division for €475m (£332m).
RPC Consulting buys software company Marriot Sinclair
RPC consulting has acquired UK-based financial services software and consultancy firm Marriott Sinclair.
L&G predicts end of soft market after AA index results
Legal & General has suggested the AA Premium Index's second quarter 5% rise in motor premiums could signal the end of the soft market cycle in the general insurance market.
Ombudsman reports no let-up in PPI complaints
The Financial Ombudsman Service received 4000 payment protection insurance complaints each week in the first quarter of 2015 with 74% of cases upheld.
Higos looks to expand after Clydesdale Bank refinancing
Higos Insurance Services has secured a refinancing package from Clydesdale Bank which it will use to expand the business through acquisitions.
IUA announces newly elected market committee chairs
The International Underwriting Association has announced three newly elected chairs to lead its market committees including the appointment of Inter Hanover's Paul Rich as chair of the delegated authority underwriting group.
UK insurers vote cyber as most concerning risk
Cyber risk has topped a list of 25 concerns facing UK insurers, PWC research has revealed.
Gallagher case mediator could accelerate resolution ahead of trial
The appointment of a mediator in Arthur J Gallagher's dispute with David Ross, Mark Mugge and Christopher Keey does not rule out the case progressing to trial, but a confidential settlement can offer benefits out of reach of a judge, according to…
MIB and DfT dispute allegations of uninsured drivers' agreement 'shambles'
The Motor Insurers' Bureau and the Department for Transport have rebuffed claimant lawyer allegations the new uninsured drivers' agreement is a "bodged job" that breaches European Union law and have confirmed they will not amend the document.
Crane to succeed Bunker as LV Broker MD
LV Broker has appointed commercial director Mike Crane as interim deputy managing director ahead of taking over as managing director in early 2016 when current MD Phil Bunker will move into an advisory role at the insurer.
Towergate confirms closure of financial risks underwriting unit
Towergate has confirmed the closure of its underwriting division's financial risks unit which mainly managed professional indemnity business.
Fix Auto UK to benefit from parent's PE investment
Fix Auto UK's parent company has secured a C$8.2m (£4.1m) private equity investment which will be split between its international operations for growth and acquisition purposes.
Carole Nash sees marginal profit increase as turnover drops
Carole Nash reported increased pre-tax profits of £3.94m for the 12 months ended 31 December 2014 (2013: £3.93) despite a £1.5m drop in turnover for the period.
PRA sets December deadline for final decision on SII models
The Prudential Regulation Authority is to make final decisions about firms' internal Solvency II models in December, according to its insurance supervision executive director Sam Woods.
Dual enters UK agricultural market
Hyperion's underwriting arm Dual has entered the UK agriculture market as part of its strategy to provide more specialised products to SMEs.
Direct Insurance looks to Towergate for London market hire
Direct Insurance London Market has hired former Towergate broker Matthew Pini as a senior broker.
Ross terminates contract after claiming trust breach by Gallagher
Incoming Towergate CEO David Ross has claimed Arthur J Gallagher breached its duty of trust and confidence, which has led to him terminating his employment with the company.
Court clarifies commercial term in warehouse fire ruling
A 7 July Court of Appeal ruling will give the insurance industry clarity on the meaning of the widely used term "unattended" in the context of commercial premises, according to law firm RPC.
Private prosecution service launched for fraudulent claims
A law firm and an investigation company have partnered to offer insurers a private prosecution service for fraud cases that would see payment of reasonable costs from a central fund.
Birmingham top UK area for jewellery claims
Birmingham received more claims for lost and stolen jewellery than any other UK area in 2014, according to research from Churchill Home Insurance and LMG Jewellery.
Lloyd's highlights data sharing as imperative to mitigating cyber risk
Insurers and governments must share data in order to accurately assess the risk of a large-scale cyber attack and protect businesses, according to Lloyd's research.