Articles by Martin Croucher
Controversial motorcyclist injury claim ‘could spark more lawsuits’
A man who knocked down and killed a pedestrian was able to claim injury compensation from the victim’s motor insurance policy in a landmark legal case.
AA sells its emergency home cover business to Homeserve
Homeserve has bought the emergency home cover book from AA for an undisclosed sum.
Allianz launches takeover bid for Euler Hermes
Allianz will aim to buy the remaining portion of Euler Hermes for €1.85bn (£1.65bn).
Boss of nuisance call CMC given seven year ban from starting new companies
The boss of a claims management company that made 6.4 million automated calls has been banned from acting as a director for seven years.
Burglary victim sentenced after ‘grossly exaggerating’ claim
A man who “grossly exaggerated” his burglary claim to insurers to the tune of £40,000 has been handed a nine month suspended sentence.
Week in Post: All hail Captain Side Parting
This year’s Budget was rewarding for many reasons: a freeze on insurance premium tax, an increase in research funding for driverless cars, and a dig at Jeremy Clarkson.
UK P&I Club sets up post-Brexit hub in Netherlands
The UK P&I Club has set up a post-Brexit European hub in the Netherlands.
Compare the Market owner valued at £2.2bn as investment derails IPO
BGL group has shelved plans for a stock market float for Compare the Market, after an overseas investor bought a 30% stake in the business.
Stephen Hines elected president of Foil
Stephen Hines has been elected president of the Forum of Insurance Lawyers, succeeding DWF’s Nigel Teasdale.
Insurers welcome IPT freeze in this year’s Budget
The government will not raise insurance premium tax in this year’s Budget, a move which has been welcomed by insurers.
Interview: Lyndon Wood, Moorhouse Group
Lyndon Wood is an author, TV presenter and entrepreneur behind the largest independent insurance broker in Wales.
Amex winds up its travel insurance business
Exclusive: American Express has placed its travel insurance business into run-off, as part of a wider restructure of its insurance unit.
MP launches petition to freeze IPT rise
An MP has launched a petition urging the government not to raise the Insurance Premium Tax in next week’s budget.
Aviva buys Irish insurer for €130m
Aviva has acquired Irish insurer Friends First in a deal worth €130m (£116m).
Allianz UK faces £63m Q3 blow from losses and Ogden
Allianz UK faced a combined £63m hit in the first nine months of the year from a series of large losses and the residual impact of the Ogden rate revision.
Ex-ABI chair Paul Evans leaves Axa following restructure
Former chair of the Association of British Insurers, Paul Evans, will leave Axa following a global management restructure.
GRP-backed Alan & Thomas makes first deal
Alan & Thomas has acquired Commercial and General Insurance, its first acquisition since being bought by GRP less than two weeks ago.
Sabre aims to raise £213m through IPO next month
Motor insurer Sabre has confirmed its plans for an initial public offering next month, bringing to a close months of speculation.
FCA broker probe ‘could benefit London insurers’
An official investigation into the wholesale insurance broker market could cut rising costs for London market insurers, Fitch Ratings said.
Allianz hit by €529m Q3 nat cat bill
Allianz has been hit with €529m (£468.1m) in losses from natural catastrophes, the company reported in its Q3 results.
‘Strike deal to halt Brexit exodus from City,’ government warned
The government must secure an urgent transition deal for financial services to halt an exodus from the City, a senior peer has warned.
Ex-Jelf boss Worrell replaces Deakin at Towergate-owner Ardonagh
Rob Worrell will replace Janice Deakin as CEO of insurance broking at Towergate-owner Ardonagh.
Ageas UK sees profit again hammered by Ogden
Ageas UK saw its pre-tax profit fall by 56% as it said it still had €5m (£3.8m) to pay in relation to the Ogden rate change.
Chubb and Lockton in the firing line over ‘murder insurance’
Chubb and Lockton have been targeted by anti-gun campaigners for providing what is described as “murder insurance” to gun owners.