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25% of drivers pay out to avoid an insurance claim

Research by discount and voucher code website ‘My Voucher Codes’ has revealed that a quarter of drivers have avoided using their motor insurance by giving money to a driver they have crashed into to fix the damage.

Towergate duo joins Marsh

Towergate-owned Broker Network’s head of business development has joined Marsh to head up its UK network arm, Pro Broker.

QBE creates group executive role

QBE has confirmed a restructure into three main operating divisions: the Americas; Europe and Australia Asia Pacific. As part of the restructure, the insurer has created the new role of CEO of global underwriting operations based in Sydney.

Lloyd's backs Prince's Trust Insurance Leadership Group

The Prince's Trust Insurance Leadership Group has secured the backing of Lloyd's in a major funding deal for the next three years. Under Lloyd's new Brighter Futures for Londoners partnership The Prince’s Trust and the Bromley By Bow Centre will receive…

Fitch takes Brit off negative watch

Fitch Ratings has affirmed Brit Insurance Limited's Insurer Financial Strength rating at 'A', and Brit Insurance Holdings N.V.'s Long-term Issuer Default Rating at 'BBB+' and its subordinated notes at 'BB+.

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