Articles by Katie Marriner
ABI pushing for annual £1bn flood defence spend in new campaign
The Association of British Insurers is calling for an annual £1bn investment in flood defences by 2025 as part of its Flood Free Homes campaign, launching tomorrow (20 January) at Westminster.
R&Q completes transfer of Danish marine business
Randall & Quilter has completed the portfolio transfer of Tryg Forsikring AS's discontinued marine business to R&Q Insurance (Malta), the group's EU run-off consolidator.
Hyperion's revenues leap 19% to £199m
Hyperion Insurance Group saw revenues jump 19% to £199m for the 12 months ended 30 September 2014.
Zurich CRO calls on regulators to boost innovation
Financial regulators need to encourage innovation, rather than stifle it, in order for companies to respond to high-level global risks, according to Zurich's chief risk officer.
Home businesses call for insurer partners to offer advice
Around 145,000 home-based business owners do not have business insurance because they believe their commercial activities are covered under their home insurance policy, according to Direct Line for Business.
More Than exploring pet telematics offering
More Than is considering a telematics-type offering for pets with a view to launching a product later this year.
SMEs vulnerable to fines by skimping on insurance cover
More than 200,000 UK SMEs do not have insurance cover in place, according to research from LV Broker.
Insurers' investment incomes at risk from Eurozone deflation
UK general insurers' investment incomes are in danger of being impacted by current Eurozone deflation that could hamper firms' overall results, according to industry experts.
Hastings-Bass joins BMS Group board
Novae non-executive chairman John Hastings-Bass is to join BMS Group as non-executive chairman and director.
Premium Credit snapped up by Cinven for £462m
European private equity firm Cinven is to acquire UK finance provider Premium Credit for £462m.
CMA draft order obligations criticised for duplicating existing regulation
Industry players are fearful draft Competition and Markets Authority motor insurance obligations conflict with existing conduct regulation amid concerns the watchdog is not giving firms enough time to implement its suggested reforms.
Insurance trade bodies to meet with regulators on CMA draft orders
The British Insurance Brokers' Association and the Association of British Insurers are to meet with the Financial Conduct Authority and the Competition and Markets Authority in the coming weeks to ensure obligations from the CMA private motor…
ERS swoops for Rees to head underwriting fraud
ERS has appointed Linda Rees as underwriting fraud head as it looks to expand its anti-fraud measures.
Former Carole Nash MD Keeling to chair Principal Insurance
Principal Insurance has appointed former Carole Nash managing director Damian Keeling as its chairman.
Average motor policy saw £51 drop in 2014
The average cost of a new comprehensive UK motor insurance policy fell by £51 in 2014 to £594, despite late year price increases, according to the Towers Watson and Confused insurance price index.
Rural looks to Gallagher for COO hire
Rural Insurance has hired former Arthur J Gallagher operations director Peter Cooper as its chief operating officer.
Post Office creates 75 insurance jobs in Glasgow
Post Office Travel Insurance is to create 75 new jobs in Glasgow over the coming months with further jobs planned for later in the year.
Transactor launches MGA division
Software provider Transactor Global Solutions has established a division solely for managing general agents and underwriting agencies.
Ex-Gallagher colleagues launch e-trading MGA Modus
A new managing general agent set up by three former Arthur J Gallagher colleagues focused on e-trading has opened for business.
XL's £2.79bn Catlin takeover confirmed
XL Group's acquisition of Lloyd's heavyweight Catlin has been confirmed in a note to the London Stock Exchange valuing Catlin at £2.79bn.
Towergate to shift Hexham roles to Newcastle after office closure
Towergate is to close its Hexham operation at the end of the month with the office's eight staff being offered roles at the company's Newcastle premises.
Partner Re Wholesale planning to double MGA partners in 2015
Partner Re Wholesale has outlined its plan to double the number of managing general agents it partners with to 20 this year.
Charles Taylor expands claims service to companies market
Energy and marine underwriter Berkley Offshore has become the first non-Lloyd's business to sign up for Charles Taylor's elective claims service.
CMA publishes draft order from motor market report
The Competition and Markets Authority is consulting on a draft order explaining how changes resulting from its investigation into the private motor insurance market will be introduced.