UK Insurance

Allianz tie-up to automate the supply of green auto parts

Allianz says it is a market first solution for the insurance and auto repair industries, with parts meeting standards for both. When repairers generate a quote for a vehicle repair, the software automatically informs SYNETIQ’s inventory management system of the parts needed – according to rules agreed with Allianz. This …

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UK regulators tell banks to cut Libor by mid-June

Law360, London (May 14, 2021, 2:50 p.m. BST) – UK financial regulators have urged banks to include a risk-free alternative benchmark rate in exchange-traded derivatives contracts from mid-June, as markets are looking to drop the -hit Libor scandal by the end of the year. The Financial Conduct Authority and the …

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Seventeen Group adds another brokerage to its list

Seventeen Group shows absolutely no signs of slowing down the rapid pace of its acquisition strategy and today announced the acquisition of Cornwall-based Christopher Rowe Limited (CRL) effective May 11, 2021 for an undisclosed amount. . Founded in 1984 by Christopher Rowe, CRL is a respected local broker specializing in …

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Kingfisher recruits Ardonagh for finance position

“I am extremely happy to join Kingfisher at such a pivotal time in the evolution of the group,” commented the new CFO whose credentials include time spent at Deloitte, Prudential Plc and Liberty Specialty Markets. “I am impressed with Kingfisher’s digital transformation and its ambitious customer-centric growth strategy. The journey …

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PIB Group announces Jersey Swoop

The St. Heller-based company – which was previously called PBS before it came under the CBC in 2018 – is headed by chief executive Si Aziz and chief executive Stephen Potts. “We are delighted to join the PIB Group family,” said Aziz, “and to have access to a multitude of …

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