CLIENT NEWS

Driest 6 months in 20 years increases subsidence risk concerns

22 May 2017
Driest 6 months in 20 years increases subsidence risk concerns
For the UK as a whole, the last six months have been the driest in 20 years and it was the warmest month of March ever in the southeast. This is reflected in Met Office Rainfall and Evaporation Calculation System (MORECS) data

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FTSE 100 insurers rate technological innovation of greater importance than any other industry sector

18 May 2017
FTSE 100 insurers rate technological innovation of greater importance than any other industry sector
A survey of FTSE 100 leaders has found that 88% of insurers surveyed believe technological innovation is key to their business strategy over the next five years.

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Workers in the South West poorly prepared for long-term absence from work

17 May 2017
Workers in the South West poorly prepared for long-term absence from work
UK-wide survey finds levels of financial protection amongst employees in the South West have declined since 2014

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Looking on the bright side - Scots are most optimistic in UK

17 May 2017
Looking on the bright side - Scots are most optimistic in UK
A survey by Censuswide, carried out on behalf of Cirencester Friendly, asked over 2000 adults which situations they thought are likely to happen in the future, including winning the national lottery jackpot, getting divorced or being unable to work for 12 weeks or more due to sickness or injury.

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Optal Enables Secure, Automated Insurance Claims Payments for RightIndem

16 May 2017
Optal Enables Secure, Automated Insurance Claims Payments for RightIndem
Global corporate payment solutions provider Optal today announced it will be helping to expedite B2B insurance payments for RightIndem, a company that prides itself on improving the claims experience for customers.

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Magellan Join SimplyBiz Mortgages Panel

16 May 2017
Magellan Join SimplyBiz Mortgages Panel
With immediate effect, specialist lender Magellan has joined the SimplyBiz Mortgages lender panel

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SIX and Credit Suisse launch "ATMfutura"

16 May 2017
SIX and Credit Suisse launch
The pilot phase of "ATMfutura" – the innovative ATM project of SIX and the Swiss banks – was launched successfully in May. Credit Suisse has the first "ATMfutura" cash dispenser.

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Silverfinch launches MiFID II data solution

16 May 2017
Silverfinch launches MiFID II data solution
Silverfinch, the leading regulatory data exchange, has added a MiFID II data solution to its datamodel in response to its clients’ changing regulatory requirements.

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LMA Proposes new Discount Rate Process

11 May 2017
LMA Proposes new Discount Rate Process
The Lloyd’s Market Association (LMA) has called for major changes to the way the Personal Injury Discount Rate is set. The Discount Rate is currently set with reference to Index Linked Gilts, rather than the balanced investment portfolios widely used by claimants. This discrepancy will inevitably lead to over-compensation of claimants.

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Final Close for YFM fund announced at £45m

11 May 2017
Final Close for YFM fund announced at £45m
YFM Equity Partners (“YFM”), the specialist private equity fund manager, has closed its first buy-out fund, YFMEP 2016, at £45m, 50% above its initial target.

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