Insurer
Review: Hearth and home
ABC Home. 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
ECIC covers contractors on green energy jobs
Electrical Contractors’ Insurance Company (ECIC) has launched a Renewable Energy product specifically designed for the green energy industry.
Products: Aspen tackles underinsurance while NIG rolls out property owners product
Two insurers have targeted the property owners market recently. Aspen Risk Management highlighted that a key benefit of its new product was that it provided practical help in dealing with the growing issue of underinsurance.
Product roundup: Insurers target property owners market
Insurers have been keen to target property owners in the past month, offering up two new additions to brokers’ repertoires.
Here comes the flood
Brokers are hoping for a watertight solution to stem the tide of the UK’s flood insurance crisis
The Broker Business Club: At your leisure
The most recent edition in our series of Broker Business Club roundtable discussions, in association with Zurich, took place in London in July. Our panel discussed the opportunities and threats within the highly specialised leisure market.
Power hour: Motoring in the middle
The motor fleet sector is at a crossroads, both in terms of rate hardening and the role telematics could have to play in future, reports Caitlin Morrison
Online and on demand
With business increasingly being conducted online, brokers need to be careful, writes Mark Shreeve
Market moves: Blockbuster moves
Cinema-goers are currently flocking in their masses to see Batman take his final stand against deadly villain Bane. It comes just a few weeks after Spiderman came back to spin to his web once more against perilous enemy, the Lizard. What has this got to…
Out with the old
Brokers need to check all Tobas to be ready for new client asset rules, says David Roberts
Reportage: Building a stronger commercial sector
Brokers dealing with commercial lines face softening rates, but there are several potentially lucrative areas of the market left to explore, Edward Murray reports
Aon to sponsor Man Utd's business network and charity arm
Aon has signed up to be the title sponsor of Manchester United’s business network and of the Manchester United Foundation.
Arsenal footballer fined for driving without insurance
Arsenal striker Nicklas Bendtner has been fined almost £5,000 for driving without a licence and insurance.
JLT swoops for Ace CFO
Jardine Lloyd Thompson Group (JLT) has appointed Mike Reynolds, currently chief finance officer at Ace European Group, as its finance director.
Fitch affirms QBE Europe's A+ rating as stable
Fitch Ratings has affirmed QBE Insurance Group’s long-term issuer default rating at A and its subsidiaries’ - including QBE Europe - insurer financial strength (IFS) ratings at A+.
LV chief John O’Roarke reveals COR and growth targets
John O'Roarke, managing director of LV general insurance, has reacted to the news that the insurer lost broker business in the first half of 2012 by admitting its results were “two ticks and a cross” across its three elements.
Markel strengthens professional liability team
Markel International has appointed Les Telford as senior underwriter for UK and international professional indemnity in the professional liability division.
LMI launches free online risk management service
Liberty Mutual Insurance (LMI) has launched a free online risk management facility for its policyholders.
GI profits flat at LV
LV has reported profits before tax of £53m for the first half of 2012, in line with the £52m achieved in the same period of 2011 for general insurance.
Aviva to sell US division for £1bn
Aviva is preparing to sell its US division at an estimated loss of £800m, according to reports.
Hiscox returns to half-year profit
Hiscox has revealed a pre-tax profit of £125.8m for the first six months of the year, reversing a loss of £85.6m in the same period of 2011.
Ace optimistic following improvement in COR
Ace has reported operating income of $1.444bn [£916.7m] for the first half of 2012, up from $932m in 2011.
FSA publishes new rules on packaged accounts
Banks and building societies will have to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account under new rules published by the Financial Services Authority (FSA).
Brit COR improves to 93.3%
The Brit Group has revealed a combined operating ratio of 93.3% in its half year results, an improvement from the 104.8% it posted in the same period of 2011.