Articles by Katie Marriner
Esure shares drop more than 9% after FY results
Esure shares have dropped 9.58% on 9 March's closing price of 233.8p following its 2014 full year results announcement this morning.
Brightside launches aggregator for Asda Money
Brightside has launched a price comparison service for Asda car insurance customers.
Demise of outbound call centres linked to customer attitudes, not cold-calling regulation
The days of insurers targeting policy sales via outbound call centres are “long gone”, according to industry insiders, who have cited evolving customer purchase methods for the demise of such call centres rather than incoming cold-calling regulation.
Canadian purchaser buys 3 Minster Court for £170m
Canadian company Ivanhoé Cambridge has bought City of London property 3 Minster Court for more than £170m.
Policy Excess launches flood excess offering
Policy Excess has launched a flood insurance product allowing householders and landlords to insure their excess.
Esure's Vann commends ‘solid' results despite 12.8% profit drop
Esure reported a 12.8% decline in pre-tax profit for the year ended 31 December 2014 with the decrease attributed to costs related to the group's acquisition of the remaining 50% stake in Go Compare.
CII launches guide to hiring apprentices
The Chartered Insurance Institute has launched a guide to hiring apprentices giving employers advice including setting up an apprenticeship programme and getting government funding.
Dual Group recruits Bains as CUO
Former QBE director Talbir Bains has joined Dual Group as global chief underwriting officer.
Report urges EU policymakers to boost insurance access
Trade body Insurance Europe is urging policymakers to contain the cost of regulation in order to make insurance more accessible and reduce state dependency in a time of loss.
Pen Underwriting launches single TOBA
Arthur J Gallagher managing general agent brand Pen Underwriting is rolling out a single terms of business agreement marking its next step towards establishing a single underwriting entity.
Mutuals Bill awaits Royal Assent
The private member's Bill that would give mutual insurers alternative capital raising powers received its final reading in the House of Commons on 6 March and was passed with "unanimous support", according to the Association of Financial Mutuals.
Zurich group reports stable £3bn operating profit
Zurich reported a group general insurance business operating profit of $2.89bn (£1.9bn) for the year ended 31 December 2014 which equated to 50% of its overall business operating profit.
Sompo acquires 7.8% stake in Scor
Sompo Japan Nipponkoa Insurance has acquired a 7.8% stake in French reinsurer Scor.
DfT urged to harness insurer data to inform transport policy
A Transport Select Committee report has recommended the Department for Transport works with the insurance industry to see how it can use anonymised vehicle data to inform policy.
Bupa UK sees 2014 revenue grow 5% to £2.7bn
Bupa UK has achieved a 5% revenue increase for the year ended 31 December 2014 to £2.7bn.
Travelers Europe promotes COO Wilson to CEO
Travelers Europe chief operating officer Matthew Wilson has been appointed CEO for the business.
Brokers to provide risk management guidance with online tool
Brokers are being encouraged to provide their clients with risk management guidance as an online digital tool is launched by Axa.
Quindell raises £7.1m from Nationwide Accident Repair sale
Quindell has sold its stake in Nationwide Accident Repair Services raising £7.1m for the embattled company.
Marsh call for all-risk BI gets Airmic support
The risk management industry has backed a call from global broker Marsh to overhaul business interruption policies and make them more relevant to modern customer demands.
Green appointed Marshall's successor at Besso
Besso property chairman Howard Green has been appointed CEO of the broker following the retirement of Colin Marshall.
Credit hire firms tipped to focus on repair costs following landmark ruling
The Court of Appeal ruling on credit hire costs for pecunious claimants will trigger an increase in exaggerated credit repair costs, according to market commentators, who have warned the judgment is not as wide-reaching as insurers might hope.
Solvency II NEDs told to ‘up their game' in face of increased regulation
The risk of a decreased talent pool has been highlighted by market players as a potential ramification of “onerous” regulation targeting non-executive directors at Solvency II insurance companies.
Money Supermarket 2014 insurance revenue grows 8%
Money Supermarket's insurance division has seen an 8% rise in revenue to £138m for the year ended 31 December 2014.
RSA disposals impacted by staff pension liabilities
RSA is reportedly turned-off the prospect of a break-up of the company due to large amounts of sale proceeds having to be allocated to staff retirement schemes.