Articles by Katie Marriner
Arc Legal reports 12% 2013 revenue growth
Arc Legal Assistance has reported a 12% increase in revenue to £21.5m for 2013.
Aviva reports best UKGI COR result in eight years
Aviva group CEO Mark Wilson has hailed a strong performance from the company's UK general insurance business in announcing its third quarter results, citing the year-to-date 94.1% combined operating ratio as the lowest in eight years.
Quartix to float on AIM market next week
Telematics company Quartix is to float on London's AIM market on 6 November with a market capitalisation of £54.1m.
Insurers defend service levels in wake of broker criticism
Insurers have been quick to defend their service levels and approach to relationship-building after brokers surveyed by Post considered firms were left wanting in these areas.
Shepherd takes on ABI general insurance manager role
Former Association of British Insurers property policy adviser Mark Shepherd has been promoted to general insurance manager at the trade body.
AA criticises climate change report findings on 'insufficient' flood defences
AA Insurance has called a Committee on Climate Change report suggesting flood defence investment in UK urban areas is insufficient "disappointing".
UK GI firms facing skills shortages up 13%, CII survey finds
Nearly three quarters (73%) of general insurance businesses are facing skills shortages, a 13% increase from 2013, according to research from the Chartered Insurance Institute.
Gallagher records year-to-date acquisition costs of £25m
Arthur J Gallagher saw a 38% increase in adjusted revenues in its brokerage and risk management segments for the third quarter of 2014 while acquisitions in the year-to-date have cost the US broker $40.6m (£25m).
Willis Group reports £4.3m net loss for Q3 as UK retail grows
Willis Group reported a net loss of $7m (£4.3m) in the third quarter of 2014 as Willis UK retail achieved modest growth for the global broker.
Industry backs Jackson’s call for fixed costs to be extended beyond PI claims
Lord Justice Jackson repeats call for fixed costs on all fast-track cases
Ifed arrests CMC staff on suspicions of fraudulent information gathering
Two claims management company employees have been arrested on suspicion of impersonating insurance policyholders to fraudulently obtain information from an insurer about road traffic collisions.
Markel looks to CNA for senior underwriting hire
Markel has appointed Pushpa Sriwignarajah as senior underwriter in its professional and financial risks division.
Towergate appoints Tim Redburn for interim planning role
Towergate has appointed former Barbon chairman Tim Redburn as interim group planning director to help with ongoing changes at the consolidator in the wake of group CEO Mark Hodges' resignation this month.
London company market income from overseas offices increases 10%
Insurance business written overseas subject to oversight by London operations accounted for £6.8bn of premium in 2013, a 10% increase on 2012, according to an International Underwriting Association report.
Ryan Specialty hires McKenna for UK expansion
Ryan Specialty Group has hired Peter McKenna to oversee the development of the company MGA strategy in the UK market.
Cornwall man gets suspended sentence in Axa fraud case
A Cornwall man was found guilty of fraudulently attempting to claim £100,000 damages from Axa for an alleged workplace injury.
LV's O'Roarke says motor book has shrunk to ‘optimal' level
LV's private motor book has shrunk to near-optimal size, according to general insurance managing director John O'Roarke, who said the firm will continue to seek growth in commercial and household lines.
Innovation Group signs deal with Zurich's German business
Innovation Group has agreed a business processing contract with Zurich's German business giving the insurer access to its motor repair network.
LV predicts ‘satisfactory' full year results as Q3 GWP declines
LV has reported decreased general insurance gross written premiums for the nine months ended 30 September 2014 in both its direct and broker channels as group CEO Mike Rogers says the insurer is on track to achieve "satisfactory" results at year-end.
P&C sector sees largest reserve release since 2007, according to Guy Carpenter
The property and casualty sector recorded in 2013 the largest reserve release of the most recent accident year since 2007, according to research from Guy Carpenter.
Standard Life Investments plays down 8% Esure stake as fund decision
Standard Life Investments' decision to take an 8% stake in Esure this month is not an indicator of any strategic plans from its parent life insurer.
Jackson urges government action to extend fixed costs
Lord Justice Jackson is urging government to apply his recommendation that fixed costs should apply to all fast track cases in order to halt a "serious lacuna" in cost management rules.
Northern Ireland firm's contact centre creates 49 jobs
Northern Ireland business Lakeland Trading Solutions has set up a contact centre in Enniskillen creating 49 jobs over the next three years.
Fitch warns of Towergate downgrade if cost-saving measures fail
Fitch Ratings has cast doubt over Towergate's ability to execute its change programme in the wake of group CEO Mark Hodges resigning.