Product
HSB broker research pinpoints computer cover gap
A poll of insurance brokers by HSB has suggested that two-thirds of businesses are not considering computer insurance risks arising from evolving working practices.
Biba launches latent defects scheme
The British Insurance Brokers’ Association has teamed up with specialist broker GBW to launch a latent defects scheme, consisting of building warranty cover tailored for the property development and construction industry.
News analysis: How to boost organic customer acquisition through lead generation
From specialist commercial players to mass market personal lines, lead generation has been part of the broker sales armoury for years. But with a greater focus on digital channels and data, Sian Barton explores how the practice is evolving.
Cowbell launches SME focused cyber insurance in UK
US cyber expert Cowbell has rolled out its standalone cyber insurance offering to the UK, Cowbell Prime One, aimed at SMEs and mid-market businesses.
Aqueous launches solicitors’ excess layers product
Managing general agent Aqueous Underwriting has secured A+ rated capacity for solicitors on an excess layer basis only, a move it said responded to broker demand in an “underserviced” market.
Markel targets ‘real opportunity’ with construction launch
Markel has developed a new product for the UK construction sector.
Convex-backed Skyrisks partners with Quotech for air mobility product launch
Managing general agent Skyrisks has teamed up with technology platform developer Quotech to launch insurance cover for the advanced air mobility sector.
Markerstudy 'temporarily' suspends product lines as part of Tradex transfer
Markerstudy has reiterated its “commitment to intermediaries is as strong as ever” amid speculation that it is pulling products from the broker market.
Opinion: From AI to ChatGPT - adapting cover to match the ever-evolving cyber risks
The technology and telecommunications sector is far from immune to cyber attacks, says Mark Armstrong, class manager technology at CNA Hardy, as he explains how the constantly evolving world of technology is attracting the attention of cyber hackers.
Allianz Trade launches protection against employee fraud and external scams
Allianz Trade has launched a standalone fraud insurance product to help businesses combat the post-Covid-19 pandemic rise in employee fraud and external scams in the UK.
Blog: Is operational efficiency the new battleground for UK consolidators?
It is time to change the record on consolidation from talk of double digit acquisition multiples to evidenced efficiency improvements, argues Andy Fairchild.
Financial & Legal targets private rental sector with LPG tie-up
Financial & Legal Insurance has announced a new partnership with Legal Protection Group to grow its presence in the private rental sector, which it claims accounts for 19% of all UK households.
Meet the MGA: Rising Edge
Having just celebrated its second anniversary, Rising Edge CEO Philippe Gouraud talks to Jonathan Swift about its efforts to reimagine D&O insurance, empower decision makers and support grassroots football.
RSA expands PI portfolio with XOL launch
RSA Insurance has announced it is to expand its professional indemnity offering and launch an excess of loss product.
NBS acquires Capital Markets Underwriting
NBS Underwriting has acquired Capital Markets Underwriting, an independent underwriting agency and Lloyd’s coverholder.
MGA Inperio launches new PI product for surveyors
Managing general agent Inperio has launched a new product for surveyors, Insurance Age can reveal.
Withers replaces Fletcher as Ecclesiastical schemes boss
Chris Withers is to head up Ecclesiastical Insurance’s schemes business following the retirement of Tony Fletcher, the insurer has announced.
Renovation Underwriting rolls out non-negligence liability cover
Managing general agent Renovation Underwriting has launched non-negligence liability cover available either as part of a wider renovation cover or as a standalone product.
Ecclesiastical targets leisure venues in growth drive
Ecclesiastical is launching a new leisure product as part of its plans to double the size of the business.
Commercial Express teams up with Brit and Ascot for shop scheme
Managing general agent Commercial Express has unveiled a new shop scheme.
Intelligent AI platform targets closing commercial property underinsurance gap
InsurTech Intelligent AI has launched its Intelligent Rebuild Cost Validation Platform, designed to address the long-standing challenge of underinsurance in the commercial property market.
Blink partners with broker on parametric travel cover
Blink Parametric and Lloyd’s broker Newpoint Insurance Brokers have partnered to launch a suite of bespoke online travel insurance products using a real-time parametric flight delay solution for eligible travel insurance policyholders.
Brokers waiting on insurers and tech vendors to demonstrate value of AI and ChatGPT
Brokers are unlikely to actively embrace artificial intelligence and explore the potential of ChatGPT until insurers and technology vendors have demonstrated their value, and none need fear that they will replace them in giving advice.
Brightstar launches insurance broker Solstar
The Brightstar Group, predominantly a mortgage intermediary business, has launched an insurance brokerage which offers advice direct to clients and a referral service for mortgage brokers.