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Ghost broking scam – Police warn of rise in fake car insurance
Thousands of UK motorists could be driving without insurance because of fraudsters known as "ghost brokers" selling fake insurance policies online, police have warned.
Ghost...
Admiral shares dip amid capital warning
Car insurance specialist Admiral has recorded a sharp decline in shares after it warned that low interest rates and market volatility following the UK’s...
Hiscox Group completes sale of Direct Asia Hong Kong
Bermuda-based global specialist insurance group Hiscox has completed the sale of the Hong Kong division of DirectAsia to Well Link Group Holdings Limited, after...
UK court of appeal: Drug smuggling not a war risk
The Court of Appeal has released its verdict on the ‘B Atlantic’ case, ruling that vessels involved in drug smuggling are not covered by...
AIG introduces Brexit Insurance
AIG is betting that it can cash in on the political and legal uncertainty created by Brexit. American International Group has added Brexit coverage...
Mounting student loans debt creating an economic risk
Each new student loan issued launches another person toward learning, self-discovery and a career.
Unfortunately, each new loan also triggers what many observers warn is...
Brand reputation – A delicate risk to manage
Giant Swedish box retailer IKEA is voluntarily recalling over 35 million dressers in North America after six children in Canada and the United States...
PIB Insurance Brokers launches new telematics product
The insurance brokers PIB have launched a new telematics policy and fleet insurance product, almost immediately following their acquisition of Channel Insurance Brokers.
The new...
Towergate’s New Specialty Market in London
Towergate has formed a specialty underwriting division exclusively for the London Market.
John Murphy and Glenn Marshall, best known for their roles at international underwriting...
ABI pushing for creation of cyber-attacks database
Building on the requirements of the new European Network Information Security Directive, the Association of British Insurers (ABI) is now calling for the creation...
Prudential Regulation Authority still worried about Solvency II
The Prudential Regulation Authority (PRA) is proposing a supervisory statement that sets out a new approach to monitoring model drift, in line with Solvency...
The City UK and Marsh: Focusing on Cyber Attacks
A new report from the leading global insurance broker Marsh and risk advisor TheCityUK has urged decisions makers in the insurance and financial sectors...
BIBA urges the Industry to embrace the Insurance Act
The British Insurance Broker's Association, or BIBA, is calling for the industry as a whole to embrace the objective of fairness in the Insurance...
AXA makes strides in catching fraudsters
Insurance provider AXA has recently publicised three cases as part of their crackdown on would-be fraudsters. All attempted to defraud the company by staging...
