Product
Groupama increases capability of Optima Business Plus
Groupama has launched a “miscellaneous trades” facility for its online commercial trade product, Optima Business Plus.
FSA warns of customer detriment in UK general insurance
The Financial Services Authority (FSA) has identified what it sees as three main risks of consumer detriment in the general insurance market and warned that it will not allow a repeat of the payment protection insurance mis-selling scandal.
Ink unveils new policy excess product
Ink Insurance has released a new excess protector insurance product, developed with input from Adding1’s ShazamXS.
County Insurance moving fast on acquisition plans
County Insurance could meet its five-year target of ten acquisitions ahead of schedule, with two early purchases near to completion, sister title Post has reported.
LFC Shield pushes new Allianz-backed product range
LFC Shield has added Allianz to its existing insurer panel.
Rural expands reach with three new deals
Rural Insurance has signed deals with Coversure and the Farmers Union of Wales (FUW), and renewed its partnership agreement with Broker Network to distribute agricultural motor, equine and farm risks until the end of December 2014.
Markel targets fine art market with MGA acquisition
Markel International has acquired Quay Underwriting (QU).
Products: La Playa tests its new research and development product in the lab
La Playa has produced a new product designed specifically for start-up, early stage and SME research and development businesses.
Products: NIG fills a gap in its property owners insurance range
NIG has launched Essential Property Owners (EPO) cover, an SME-focused version of its Premium Property Owners (PPO) product.
Products: B&Bs can rest easy with bespoke product
Bridge Insurance brokers has teamed up with Brit Insurance to launch Hospitality, an insurance scheme focused on boutique bed and breakfast businesses.
Review: Living the high life
Aqua: three: 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
Products: Axa makes products available on Powerplace
Axa has made two of its products available to Powerplace users in the last month: a new property owners/landlords policy and its management liability policy.
Products roundup: A little bit of everything
It’s a bit of a mixed bag this month but the old cliché tells us that variety is the spice of life – we’re not sure how spicy the products and schemes are but there should be something for everyone.
Plum doubles sales with focus on non-standard risks
Plum Underwriting has doubled its sales over the past year as a result of increasing numbers of people struggling to find appropriate home insurance.
Bridge and Brit in B&B partnership
Bridge Insurance brokers has teamed up with Brit Insurance to launch Hospitality, an insurance scheme focused on boutique bed and breakfast businesses.
Axa Commercial lines opens revamped trading centre
Axa Commercial Lines has relaunched its Bolton branch as a national trading centre.
QBE enters cyber space
QBE has become the latest insurer to unveil a cyber-risks related product with its new Cyber Response policy designed for UK businesses with a turnover of up to £100m.
CFC to expand in management liability with Chubb hire
CFC has hired one of Chubb's London managers as a senior management liability underwriter.
MGA hires new underwriting director
Essex-based underwriting agency LFC Shield has appointed Jackie Burns as its new director of underwriting.
RSA man to lead Tokio construction practice
Tokio Marine Europe has launched a new construction practice in the UK.
Zurich expands mid-corporate appetite
Zurich has expanded its Corporate Focus range to include products covering food and beverage and sports, leisure and entertainment (SLE).
Review: Talking tech
CNA Europe technology package product. 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
Product: Stonebridge focuses on printing industry
Stonebridge Corporate has created a new trading subdivision, Print-Insure, to provide cover to the lithographic, digital print and supply industries.
Product: New products to cover digital downloads and cloud computing
Managing general agents have been busy focusing on plugging gaps in the technology-related insurance market.