Broker
Product review: Healthcare that has all the bases covered
This product has been reviewed by brokers and rated from one to five, based on the policy’s key benefits.
Schemes news: Biba credit role for Perkins Slade
The British Insurance Brokers' Association (Biba) has appointed Perkins Slade as a scheme provider for credit management products and services.
News review: January 2011
Groupama announced its plans to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.
Viewpoint: Changing tactics
The market is buzzing with talk about the introduction of variable commission on individual commercial policies. Malcolm Smith asks what the implications will be for brokers, insurers and policyholders.
No let-up in FSCS levy burden for next two years
Brokers have been warned that the heavy cost of the levy imposed by the Financial Services Compensation Scheme (FSCS) in 2010 could become the norm for the next two years.
Prime Professions hits back
Prime Professions has rejected claims it is struggling financially and had been in discussions with Aon about a takeover late last year.
Schemes news: Multi-bike policy offers savings
The Hastings bike team has launched a new multi-bike insurance policy offering riders an opportunity to save when insuring two motorbikes with the broker.
The interview: The charisma in compliance
When Steve White joined Biba in 2004, he brought with him a unique understanding of the application of FSA rules to insurance broking. He has since gone on to be crowned Compliance Personality of the Year 2010. Liz McMahon reports
Your opinions: Any thoughts on implementation of the Consumer Credit Directive?
Insurance Age welcomes your opinions via email, Linked In, the Broker Forum, Twitter and good old-fashioned letters. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 - 34 Broadwick Street, London, W1A 2HG, or email martin.friel…
Schemes news: Difficult medical conditions
Broker Crispin Speers has launched an online travel insurance product for travel agents aimed at offering cover for customers with difficult medical conditions.
Brokers to see FSA fees fall in 2011/12
Brokers will see a fall of 9.4% in minimum fee levels from the Financial Services Authority (FSA) in 2011/12 according to its Regulatory Fees and Levies consultation document.
FSA requests over 10% increase in funding
The Financial Services Authority (FSA) has asked for a 10.1% gross increase in annual funding for 2011/12 to £500.5m, up from £454.7m in 2010/11.
Oxford Insurance Brokers appoints two in UK PI team
Oxford Insurance Brokers has revealed the first step in its growth strategy following a £1.4m investment from venture capitalists BP Marsh & Partners in June last year.
Jelf Insurance Brokers set for 'aggressive' growth despite dip in revenue and profits
Premium finance arrangements are the reason behind the shortfall in Jelf Group’s insurance business, says chief executive Alex Alway.
Jelf Group results reveal profit boost and debt reduction
In its final results for the year ended 30 September 2010 Jelf reported operating profit was up to £3.1m from a loss of £9.7m in the same period of 2009.
Saffron continues growth spree with Chris Semmens merger
Saffron Insurance has merged with Baldock-based Chris Semmens (Commercial) Insurance Broker.
Advent deal may see Towergate float in three years
Advent International has agreed to inject £200m, including a £90m acquisition fund, into Towergate Partnership, Insurance Age understands.
Direct Line targets mid-net worth sector
Direct Line has announced the launch of Direct Line Select Insurance.
Arista opens Leeds office
Arista Insurance has expanded its branch network to seven by opening a new permanent office in Leeds.
Simply Business claims commercial insurance platform first
Simply Business has launched what it says is the commercial insurance industry’s first live online tracking platform for its customers going through the claims process.
Insurance Age blog: The Bribery Act = end of corporate jollies?
Every man has his price, according to Sir Richard Walpole and maybe I'm cynical but I tend to agree with him. Most people like to believe that, if pushed, they would not take an option which benefited them more than the client they should be serving.
UK General Insurance targets smaller brokers with launch of commercial property scheme
UK General Insurance has added to its smart schemes initiative with a tailored commercial property scheme targeting upwards of £150,000 gross written premium.
Momentum signs up three brokers
Momentum, the recently launched support and development service for new and existing insurance brokers, has been joined by three brokers.