Insurance Age - 2011-10-05
At last, Tony Bloomer might be getting a universal phone charger, but when will the industry have a standard approach to customer data?
Axa’s ambition to grow in the current soft market is high risk but there may be some sound strategic reasons why it is trying, explains Tony Cornell
Aberdeen-based broker Central Insurance has ambitious plans to double its GWP, MD Iain Henry tells Emmanuel Kenning
The UK is not immune from the sovereign debt crisis in the Eurozone, explains Scott Corfe
The Midlands was the place to be this month with numerous appointments and promotions at all levels, with Commercial Express in particular the source of a few moves. Lorica and Oxford Insurance Brokers also added several employees to their teams.
If the accepted wisdom were to be believed, these days, commercial clients simply buy on price and everything that a broker brings to the table, such as risk management and market knowledge, is immaterial. But two recent, separate, surveys of SMEs and…
▶ Brokers have long regarded schemes as an opportunity to mine a niche for the benefit of their business. However, once they have taken the time to investigate a market, pull together the product and persuade an insurer to work together in a partnership,…
“The government, always keen to jump on a bandwagon, has taken up public concerns over soaring premiums”
Bryan Banbury tells Liz McMahon how Russell Scanlan breeds loyalty in staff and clients and why brokers need to be professional
SME aggregator market dominated by two large players may mean brokers get left behind
London Market KPMG survey predicts consolidation and rate hardening
Study finds female junior insurance executives get paid more than males but gap remains at senior level
OFT’s call for evidence on ancillary products in private motor could uncover wide-spread mis-selling
A new player has entered the high net worth sector with the launch of Debrett’s Prestige Insurance providing comprehensive buildings and contents cover “for discerning home owners”.
Exeter Family Friendly has unveiled the fruits of its series of focus groups with private medical insurance (PMI) intermediaries dating back to 2010 – a new modular PMI plan named Health Choices for Me.
Central Insurance has joined forces with Hiscox to launch a new charity policy. It is the first tie-up between the Aberdeen-based broker and the specialist insurer in a move the two claimed was designed to meet the entire spectrum of insurance needs for…
UK General has been celebrating the signing of a new capacity deal with MMA to broaden its tradesman’s liability offering. The development is the latest step in the company’s strategy of growing its commercial product set following its capacity deal in…
MMA’s research into brokers and schemes makes for interesting reading, revealing as it does that brokers’ main reason for changing the holding insurer of a scheme is the promise of more commission. The study also reveals that the most frequent time to…
Oxygen Insurance Brokers has launched an exclusive home insurance scheme for psychological professionals in the UK who see clients at home.
Grantham-based F&R Associates has unveiled a home emergency scheme for oil-fired central heating systems to be sold under its Cover My Business brand.
Research by MMA has found that brokers have been diligently undertaking schemes work with insurers although there were variations in uptake both by size and across the country. It also discovered that the most common time to retender a scheme was every…
Axa Insurance management liability policy. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
In the first of a series of business lunches being held across the country, Insurance Age has teamed up with Zurich to bring together some of the most senior and influential brokers to discuss the most pressing concerns in their particular markets. The…
Claims are seen as the shop window of the insurance industry. However, this sector seldom gets the chance to show its capability outside major surges in claims such as last year’s ‘big freeze’ or the recent riots, writes Martin Friel
Getting the level of payouts, customer service and the time taken to process a claim correctly is a tricky job, but the industry is starting to get the balance right, reports Edward Murray