Articles by Martin Croucher
Axis to buy Novae for £468m
Axis Capital has made an offer to buy Lloyd’s insurer Novae for £467.6m.
Motor insurance firms in Ireland raided over ‘anti-cartel’ EU rules
Motor insurance providers in Ireland have been raided by officials from the European competition watchdog.
Career file: Keith Jackson
Keith Jackson has been appointed as the director of general insurance and protection at the Financial Conduct Authority
Liberty picks Luxembourg for post-Brexit hub
Liberty Speciality Markets has selected Luxembourg for its post-Brexit headquarters.
Three out of four concerned over insurer use of driverless car data
Three out of four motorists are concerned that insurers will use data from driverless cars to justify raising premiums.
Axa to cut 18 branches as Irish operation is scaled back
Axa will close 18 branches across Ireland and Northern Ireland, reportedly affecting more than 100 jobs.
Latitude Brokers opens Korea office
Latitude Brokers has opened an office in Korea, the third for the marine insurance specialist in Asia.
SSP launches broking platform
Broking software provider SSP has launched a replacement product for its Pure platform.
Direct Group mulls ‘acquisition opportunities’ following takeover by Towergate backer
Newly-renamed Direct Group will “consider acquisition opportunities” following its own takeover by Towergate-backer KIRS Group.
Direct Line hit by unexplained IT outage
Direct Line’s online services suffered IT issues this weekend, leaving customers unable to renew their policies and thereby drive to work.
Towergate group company to launch under new brand name
The insurance giant created from Towergate and other companies is set to relaunch under a new name and branding, following the completion of a £800m bond offering.
ABI previously warned government over hazards of flammable cladding
Exclusive: The Association of British Insurers warned the government last month over the hazards of flammable cladding on high rise buildings like Grenfell Tower, according to documents seen by Post.
Insurers issue warning as government to test cladding on 600 buildings
Exclusive: Insurers have issued advice to local council customers, after it emerged that the government will test the fire risk of cladding on 600 buildings.
Chaucer picks Dublin for its EU base
Specialty carrier Chaucer has chosen Dublin for its post-Brexit insurance hub.
RSA joins pet claims database
RSA has signed up to a pet claims database in order to better tackle fraud.
CMCs to be brought under the heel of the FCA
Claims management companies will see fees capped and the sector regulated by the Financial Conduct Authority, under plans to tackle “widespread malpractice”.
Government resurrects whiplash reform
The government has put whiplash reform back on the agenda with a promise to tackle “rampant compensation culture” in the Queen’s Speech.
Consumer product rating system aims to stop insurers ‘gaming the system’
A star rating system for motor, home and travel products by major insurers has been launched by a consumer group.
Majority of insured losses from Grenfell Tower to be borne by reinsurance
The Norwegian company responsible for insuring the Grenfell Tower, which burned down yesterday, said reinsurers will bear the majority of the claims costs.
Watchstone faces £600m legal challenge from S&G
Watchstone is being forced to fight off a £600m civil case from law firm Slater and Gordon, over allegations of fraud.
Norwegian insurer to examine exposure following Grenfell Tower fire
A Norwegian insurer that took on the property and liability contract for the local authority responsible for Grenfell Tower could potentially see its UK expansion curbed as a result of huge claims.
Residents predicted catastrophic fire in Grenfell Tower block four years ago
The fire that engulfed Grenfell Tower last night, claiming several lives and leaving dozens injured, was predicted by residents four years ago.
Q&A: Sergio Pierro, XL Catlin
New rules on data protection will come into force in Europe next year. Sergio Pierro is a professional indemnity underwriter for international financial lines at XL Catlin, based in Paris, and focuses on cyber. He explains how companies can get ready for…
GRP to create southern hub through acquisition of Greens
Global Risk Partners has acquired a majority stake in Green Insurance Group.