Hastings Group
Goldman Sachs in Hastings stake talks
A Goldman Sachs-owned private equity fund is in exclusive talks over a minority shareholding in Hastings, according to reports.
Major insurers to contribute to No Claims Discount database
Lexis Nexis Risk Solution has secured contribution commitments with major brokers and insurers that account for approximately 45% of the motor insurance market.
The Insurance Fraud Awards shortlist 2013
Growing once again in popularity, the fifth annual Insurance Fraud Awards received a record number of entries and we are delighted to announce the shortlist.
Exploiting referral fee ban loophole ‘against spirit of the law’, say insurers
Epoq among firms criticised for finding a way around Laspo-enforced ban.
IFB working on new model to attract brokers put off by membership cost
Move coincides with demand for greater broker representation on fraud register
Tim Ablett – An obituary
It is often said the insurance industry lacks the characters it once had.Thus it was with great sadness the sector mourned the passing of Tim Ablett last month, someone who had made a significant contribution to the sector through both his business…
Tim Ablett passes away
The much respected insurance veteran Tim Ablett passed away at the weekend.
Hill Dickinson fraud model attracts new insurer subscribers following Q1 success
Hill Dickinson fraud unit bosses claim they have delivered a 122% increase in suspect claim identification to insurer clients in the opening quarter of the year, as a result of the firm’s fraud risk profiling model.
Hastings weighing minority stake sale
Hastings Insurance Group is plotting the sale of a stake in the business, with management retaining "a significant shareholding".
Uninsured driver sentenced after motorist she crashes with refuses to lie to insurers
A woman who asked the motorist she had crashed into to lie on her behalf so she could cover up that she was driving without insurance was sentenced last Friday with a two year conditional discharge for fraud by false representation.
News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
Hastings boss Hoffman cools talk of IPO following year of 'strong growth'
Hastings chief executive Gary Hoffman has moved to dampen speculation that his firm is manoeuvring itself to launch an initial public offering in the months ahead, but has refused to rule out a float in the long-term.
Hastings GWP up 19% as firm boosts 2012 customer numbers
Hastings saw a 19% increase in gross written premiums placed by the group in 2012 - up to £423m from £355m the previous year.
Equity pair hit with Lloyd’s sanctions
Equity Red Star’s former active underwriter and finance director have been hit with Lloyd’s costs and barred from holding Lloyd’s director positions.
News review: British insurance staff could lose jobs
Staff at mortgage payment protection insurance provider British Insurance has been put on redundancy notice by the firm's parent company Towergate Insurance.
Hastings relaunches TV marketing campaign
Hastings Direct has created three new 30 second adverts based on a new strapline: “refreshingly straightforward insurance.”
Market Moves: Brokers continue to up their numbers while Groupama’s Matras heads for exit
The broking sector again led the way in recruitment this week with notable hires at Hyperion, Miller and Hastings. Meanwhile, Giles continued to demonstrate its appetite for new staff by swooping for northern rival Reich’s operations manager Andrew Perry…
Hastings makes double NED appointment at group companies
Former Groupama international division managing director Pierre Lefèvre has been appointed as a non executive director to Hastings Insurance Group and Advantage Insurance Company.
Hasting’s products achieve five-star rating
Hastings Direct’s standard and premier motor and bike insurance products and it’s People Choice car and bike insurance have achieved a five star rating from Defaqto for the second consecutive year.
Investing in the Profession: Hastings announces 200 new jobs in move to triple its customer base
South Coast insurance broker Hastings Direct has signalled its intention to bring fresh blood into the business with plans to recruit 200 new employees.
Hastings Direct creates 200 new roles on the South Coast
Bexhill-based broker Hastings Direct will create 200 new posts on the South Coast over the coming 12 months, as part of ambitious new expansion plans.
Software house CDL promotes Johnson to MD role
CDL has promoted former customer services boss Gary Johnson to the board of directors where he will lead the company as group managing director.
Hastings recruits ex-LV digital marketing boss
Hastings has appointed former LV head of digital marketing Nicola Charles to the role of marketing director at the broking firm.
Utley triples the value of ivy-ridden house
Hastings Insurance Group chairman Neil Utley, pictured, bought and tripled the value of a neglected property that was entirely covered in ivy.