Broker
Novae returns to profit and improves COR by almost 20%
Novae Group returned to profit in the six months ended June 2012, making £19m, compared with a loss of £30m in the same period of 2011.
Axa COR sneaks above 100%
Axa has revealed a combined operating ratio of 100.4% for UK property and casualty (P&C) business in the first six months of 2012, consistent with the 100% achieved in the same period of 2011.
JLT and Aviva in PI offering for small firms
JLT Speciality has struck a deal with Aviva to provide professional indemnity insurance (PI) for two to three partners solicitor firms.
Biba sweeps up with Gleaming Wholesale deal
The British Insurance Brokers' Association (Biba) has swept up Gleaming Wholesale to provide its new cleaning contactors scheme.
Stobart Group eyes up broking venture
Logistics business the Stobart Group is reportedly planning to venture into the insurance broking market.
Broker Expo South – speakers revealed
The speakers have been revealed for Insurance Age's Broker Expo South 2012 offering brokers crucial, business-useful information and debate on hot topics from regulation to social media.
Revenues flat at Willis
Willis Group has reported a fall in commissions and fees to $837m [£538.6m] in the second quarter of 2012, down from $852m in the same period of 2011.
Music supremo targets broker hit with social media offering
The man who signed rock band The Killers is now hoping to crack the insurance market with a new social media-based release for brokers.
Lockton expands Manchester team with ex-Lucas Fettes hire
Lockton has expanded its Manchester-based regional wholesale business with the appointment of former Lucas Fettes MD, David Lee.
Gallagher reports 75% jump in profit
Arthur J. Gallagher has reported a profit of $99.8m (£63.8m) for the six months ended June 2012.
Event Insurance Services in party protection launch
Event Insurance Services has launched a party package designed to give planners the ability to host events with confidence.
Editor’s letter - August 2012
“The non-stop rain, rain, rain – with the exception of a few days at the end of July – has seen insurance leading the news”
Products: Commercial Express combined product gets full launch following pilot
Commercial Express has unveiled a new commercial combined facility, calling it the “final piece in the jigsaw”.
Is the death knell tolling for networks?
With Aviva and The Broker Network parting company, have networks had their day, or is there still a future for them? Tony Cornell asks
Let customers tell their stories
▶ In the first of a three-part series, Insurance Age looks at how brokers can promote themselves to current and potential clients through the full range of media available. This month focuses on the advantages of regional marketing and public relations.
Debate rages over insurer restructures
Brokers say they want closer relationships with insurers no matter what structure they adopt
Bupa’s product pull back stuns broker market
AMII enters discussions with the UK’s largest private medical insurance provider
Schemes market set for further growth
Survey reveals growing importance and increasing popularity of schemes to brokers
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.