Articles by Katie Marriner
Four men jailed in Operation Catcher crash-for-cash case
Four men have been jailed for a total of nine years at Croydon Crown Court for their roles in fraudulent insurance claims totalling more than £290,000.
Towergate bondholders appoint advisers Moelis & Co
Moelis & Co has been appointed as an adviser by Towergate's secured bondholders in advance of talks with the consolidator about its £1bn debt, according to reports.
Blackpool and Crewe among areas with highest drink-driving convictions on motor policies
Llandrindod Wells and Blackpool have been named as the top two postal areas for drivers with drink or drug-driving convictions on their car insurance policies, according to research from aggregator Money Supermarket.
Hastings sees year-to-date profit jump 31%
Hastings has reported a 31% boost in adjusted group profit before tax to £51.8m for the nine months ended 30 September 2014.
Axa Assistance launches total loss product
Axa Assistance has launched total loss protection insurance for insurers and brokers to address delays and financial losses associated with motor write-off claims.
Increased M&A activity predicted among MGAs
Merger and acquisition activity in the managing general agent sector is set to take-off with 40% of UK MGAs either currently involved in mergers and acquisitions or planning to pursue such opportunities during the next three years, according to a survey…
Thistle raids Towergate for string of hires
Thistle Insurance Services has recruited Towergate Direct interim CEO Amanda Walton as its retail managing director alongside a string of management changes at the business.
Axa launches 14 guides to boost claims transparency
Axa Commercial Lines and Personal Intermediary has launched its claims transparency initiative, called Making Claims Clear.
RSA appoints Cucchiani as NED
RSA has appointed Enrico Cucchiani as a non-executive director joining the risk and remuneration committees.
PRA consults on regulatory regime for insurance bosses
The Prudential Regulation Authority is consulting on introducing a senior insurance managers regime to ensure those running regulated insurance companies behave with integrity, honesty and skill.
Quindell's Moorse sees share deal terminated
Quindell group finance director Laurence Moorse has failed to meet margin call on the controversial share purchase agreement with Equities First Holdings.
Fairchild says Broker Network 'not complacent' about competitors' tactics
Towergate-owned Broker Network has sent a firm message to its competitors saying it is aware they will be looking to incentivise its members with short-term offers.
Insurers to remain reliant on Pool Re in face of large potential losses
Insurers are likely to continue to participate in Pool Re despite the proposed levy increase, according to a briefing from AM Best.
African reinsurer One Re gets UK regulatory approval
One Re, a reinsurer focusing solely on business from Africa, has received approval by the Prudential Regulation Authority and the Financial Conduct Authority.
Acturis reaches 12,000 users
Software provider Acturis has passed the 12,000 user mark and has grown its user-base by 20% since October 2013.
Biba launches sharing economy guide
Aon, Higos, Bluefin and Towergate are among the brokers that have signalled they can place risks for businesses operating within the sharing economy, according to the British Insurance Brokers' Association.
ABI dismisses CHO claim to MPs that Ifed acts as ‘private police force’
CHO concerned crimes that impact on society are not being tackled
Assurant Solutions launches connected home division
Assurant Solutions has launched a division to offer protection for people living in connected homes.
Aviva shares drop after Friends Life announcement
Aviva saw its share price decline more than 5% in a single day after it announced it was in acquisition talks with Friends Life.
Counter-Terrorism Bill to go to parliament tomorrow
Home secretary Theresa May cited UN estimates that ransom payments raised up to £28m for militant group the Islamic State of Iraq and the Levant in the past 12 months as she yesterday announced intentions to ban ransom insurance payments.
Skuld extends London P&I offering
Skuld now has the capability to offer all of its P&I products from its office in London.
One in 10 know a fraudulent whiplash claimant, Axa finds
One in 10 respondents to an Axa report admitted to either making, or knowing someone who has made, a fraudulent whiplash claim.
Price Forbes looks to Willis for accident and health hires
Price Forbes & Partners has launched an accident and health division as well as appointing Richard O'Brien as head of the area.
Insurers' ransom payments to be banned in Bill
A legislation change that will prevent insurers from making ransom payments to terrorist groups is expected to be announced today.