Broker

ABI responds to OFT competition concerns

The Association of British Insurance has responded after seven insurance companies and two IT software and service providers agreed to an Office of Fair Trading request to limit the data they exchange between them ain light of competition law concerns.

Keelan Westall hails second in-house claims move

Aviva has granted Keelan Westall the authority to process and settle Aviva claims in-house, for amounts up to £2500 net of the excess. The Barbon-owned, Hampshire- based company already has a similar arrangement in place with Zurich.

Director fined for ignoring fraud attempt

A former director of Surety Guarantee Consultants has been fined £25 000, after the Financial Service Authority found he had "turned a blind eye" to some colleagues' efforts to defraud two London market insurers out of more than £2m.

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