RSA and NIG has completed a “broad reconciliation” from a product and wording perspective and is committed to offering a “single product set in the first half of next year”, according to Laura Fox, distribution development director. In the latest integration webinar on the takeover of NIG by RSA, Fox explained the insurer is typically … Read more
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Martyn’s Law will have a significant impact on liability insurance, according to DAC Beachcroft partner Duncan Strachan. Strachan told the audience at Chartered Insurance Institute: Shaping the Future of Insurance conference that DAC Beachcroft believes the law may increase the demand for public liability cover and increase claims under D&O policies. Martyn’s Law was named … Read more
The Financial Conduct Authority believes sharing more information on good practice and its expectations will benefit the industry and help drive better outcomes, according to Graeme Reynolds, director of competition. At the Chartered Insurance Institute: Shaping the Future of Insurance conference, Reynolds told the audience that reducing the complexity of the FCA rulebook “could lower … Read more
Saga has today confirmed it is in discussions with Ageas with “regard to a potential partnership arrangement for its insurance business”. The listed over-50s specialist made the announcement following a report on Sky News about a “long-term partnership arrangement” between the two organisations. If successful, the deal could end long-running speculation about Saga’s future and … Read more