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Axa UK earnings fall in ‘volatile environment’
Axa UK and Ireland has seen its earnings fall by 7% as a result of a “volatile environment”.
Analysis: Insurers torched on Twitter over Liverpool Fire
How social media influenced the response of insurers to the Liverpool fire
AA to inject up to £50m solvency capital into underwriter
AA Insurance is set to invest up to £50m into its underwriter in an attempt to accelerate growth.
Call Connection administrators attempting to recover money from former boss
Exclusive: The joint administrators of failed insurance lead generator Call Connection are attempting to recover money owed by its former boss and founder.
Ageas shakes off Ogden impact to return to profit
Ageas UK has seen a return to profit after a year of being hammered by the residual impact of the Ogden rate change.
Cyber Research 2018: The findings
Cyber has come a long way in the past 70 years, yet its meaning has essentially remained the same: it still encompasses the notions of control and communication. Post, in association with Cyberscout, surveyed the insurance market and consumers to find…
Allianz UK CEO Dye declines to comment on XL acquisition rumours
Allianz UK CEO Jon Dye has declined to comment on recent speculation that the group is looking to acquire XL.
Allianz UK operating profit climbs by 26% in 2017
Allianz UK saw operating profit rise 26% to £121.3m in 2017, up from £96.2m in the previous year.
Seventeen Group acquires high-net-worth broker
Seventeen Group has acquired East Sussex-based Rupert Burgoyne Limited for an undisclosed sum.
Buzzvault announces long-term growth plans following Munich Re tie-up
Exclusive: Buzzvault Insurance has entered a five year strategic partnership with Munich Re Digital Partners with plans of releasing products to market by Q3 2018.
Irish regulator forces CBL Insurance Europe to close shop
The Central Bank of Ireland has ordered CBL Insurance Europe to cease writing business with immediate effect, until further notice.
Blog: The 130 missed opportunities to make a flooded home resilient
Many opportunities are missed to make properties flood-resilient instead of just repairing them, write Dr Jessica Lamond and Dr Rotimi Joseph, respectively associate professor and visiting fellow at the University of the West of England Bristol. They…
Whiplash fraudster given two month prison sentence
A whiplash fraudster has been handed a two month prison sentence and been ordered to pay £14,000 in costs.
68% of homeowners think it’s acceptable to omit application information
Over half of UK homeowners believe it is acceptable to omit or adjust information in their application to keep their insurance premiums low, according to survey findings.
Insurers could face claims worth millions following British Steel Pensions Scheme transfers
Insurers could face millions of pounds worth of professional indemnity claims arising from negligent financial advice given to those transferring out of the British Steel Pensions Scheme last year.
Insurers to fund personal injury IT gateway
Exclusive: The government has accepted an offer in principle from the insurance industry to fund a new IT gateway to allow litigants in person access to the claims portal.
Saga appoints Patrick O’Sullivan as chairman
Saga has appointed Patrick O’Sullivan as chairman with effect from 1 May 2018.
Spotlight on ADAS: Why ADAS is not a fit and forget system
With more Advanced Driver Assistance Systems being installed on cars, Alistair Carlton, technical manager at National Windscreens, says insurers shouldn't underestimate the demand for ADAS calibration.
Spotlight on ADAS: Is everyone ready for ADAS?
As assistance systems are making cars safer, but also more costly to repair, insurers would love a database listing which features are fitted on which vehicles - but motor manufacturers aren’t sharing that information yet
Hiscox found not guilty in ICO criminal prosecution
Hiscox has been found not guilty of breaching the Data Protection Act in a court case brought against it by the Information Commissioner’s Office.
Blog: Mystery deepens as founder and funder of peer-to-peer insurtech Hey Guevara deny knowledge of relaunch
You can never keep a good revolutionary down.
Cigna Insurance Services pulls out of travel market
Exclusive: Cigna Insurance Services has pulled out of the travel insurance market.
Blog: Escape of water claims must be investigated to stop rising cost
Insurers want to tackle the rising costs of escape of water claims but not enough are investigated to detect fraud or identify third-party liability, argues John Gow, operations manager and senior investigator, IFIC Forensics.
Six out of 10 opposed to fixed costs on NHS negligence cases
Six out of 10n respondents believe that government plans to cap clinical negligence claims against the NHS are a bad idea, according to a consultation paper.