Broker
How to… plan for broker PI cover
▶ Prior to regulation by the Financial Services Authority (FSA) when professional indemnity (PI) cover became compulsory for general insurance brokers, very few firms purchased the cover. It could be argued that this is because at that time the industry,…
Products: Young drivers benefit from telematics
Insurers have been busy building on their telematics systems in an attempt to bring down the rising cost of motor premiums for young drivers.
Products: Victor Millwell takes on Aviva’s motorhome book
Aviva has defended its decision to pass on its direct motorhome business to Victor Milwell, saying that it would consider entering into other direct schemes with brokers.
Review: The wheels on the minibus…
QBE Minibus Plus. 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 to simplify product lines
As part of Axa Commercial chief executive Amanda Blanc’s new strategy, she has unveiled plans to launch a double pronged attack with a portfolio of simple and complex products.
Products: UK first as Arag develops new ‘divorce insurance’
Heralded as the first of its kind in the UK, Arag has developed a divorce product with two law firms.
Reportage: Path to protection
Brokers have to embrace professionalism and improve placement procedures if they are going to protect both clients and themselves from crippling liability claims, explains Edward Murray
The 10 most stupid insurance decisions
What are the 10 biggest bloopers committed by the industry? Tony Cornell gives us his top 10 insurance calamities
Review: Extra cover for motor
Pro-Motor Rescue. 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
What will the FCA look like?
The new regulatory regime could have a very different complexion to the current watchdog, explains Terence Clark
Law Society and Prime Professions join forces to help ARP firms
The Law Society has announced it will again offer a scheme to assist law firms who are experiencing difficulty securing professional indemnity (PI) renewal terms.
Lark buys Cadogan business from Barbon
Lark Group has purchased the Cadogan Hanover Park business from Barbon Insurance Group.
Your thoughts matter in our market sentiment survey
Insurance Age has launched its second sentiment survey of 2011 and is calling on brokers to participate in this independent barometer of market concerns.
Insurance achieves gender equality on junior exec pay
The Chartered Management Institute (CMI) has claimed that equal pay is now a reality for female and male executives working in the insurance sector but only at a junior level.
Purple appoints BDM from Bluefin
Jelf-owned network, Purple Partnership, has appointed Chris Hankey as the new development manager for the North and Midlands.
Debrett’s enters HNW with Sterling
Debrett’s, the self styled modern authority on all matters of etiquette and fine style, has launched Debrett’s Prestige Insurance targeting “discerning home owners”.
Wilson Organisation steps forward with Boots director
Gary Cormack, a former trading director for Boots, has joined Nottingham insurance broker The Wilson Organisation, as non-executive deputy chairman.
PowerPlace hits the road with D&O
PowerPlace has announced the launch of a series of free D&O workshops around the country for brokers starting in Birmingham on 17 November.
Broker trade bodies want lower regulatory barriers
The British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Solicitors' PI renewal season expected to be tough
The 2011 renewal for solicitors’ professional indemnity (PI) cover could be a hard one for many with deteriorating claims and insurers underwriting at a macro level.
Video: How brokers can make the most of social media
As part of a special 13th edition, dedicated to digital marketing in the broking sector, Insurance Age has spoken to a number of experts about various aspects of the digital, business world.
Carole Nash's profit squeezed by recession
Carole Nash has reported a reduction in pre-tax profit for the year ended December 31st 2010, the second consecutive year the broker has done so.
Trade body warns against using claims management companies
The British Bankers’ Association (BBA) has said the increase in Payment Protection Insurance (PPI) claims was “not unexpected” and warned consumers against using claims management companies to make a claim.
HSBC to miss PPI deadline
HSBC has confirmed it will miss the deadline imposed by the Financial Services Authority (FSA) to deal with the backlog of Payment Protection Insurance (PPI) complaints by 31 August 2011.