Broker
‘Strategic’ decision delays aggregator offering
The launch of a new aggregator due to hit the market early in 2012 has been delayed as part of a ‘strategic decision’.
Broker Expo: Referral fee ban will be the 'next scandal'
The proposed ban on referral fees will be a good thing, but has the potential to damage public perception of the insurance industry, according to a panel discussion at the 2011 Broker Expo, hosted by Insurance Age.
Broker Expo: Delegates warned that tougher FSA is already here
Brokers have been warned that the Financial Services Authority’s (FSA) long-promised new intrusive approach is already here and that it is not “pussyfooting around anymore”.
Underlying revenue up 6% at Marsh
Marsh has seen a 12% rise in revenue to $1.21bn (£756m) for the third quarter of 2011 from $1.08bn in the same period of 2010.
Ex-Bluefin branch leader follows AR route with Corrigans
Brendan Mulligan, former leader of the Bluefin Broker Partnership Services’ Coventry office has set up Thomson James as an appointed representative of insurance broker Corrigans.
Towergate snaps up niche comparison site
Towergate Insurance has acquired caravanquoter.co.uk, a caravan and motorhome insurance comparison site.
Nexus takes on Novae's regional financial lines business
Nexus Underwriting Management has acquired the £15m GWP regional financial lines portfolio of Novae Syndicates and confirmed it intends to set up a new Managing General Agency (MGA) in the new year to underwrite the account.
Brokers welcome trade body merger but fears remain for smaller voices
The broking community has given an overwhelming welcome to the merger of the British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) with only the fear of smaller brokers losing their voice raised as a potential concern.
Regulators issue draft guidance on PPI products
The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have declared they are working together to prevent the problems with payment protection insurance (PPI) happening again in a new generation of products.
Amlin takes on new mid/HNW team from Hardy
Amlin UK has announced the appointment of a new team to its mid/high net worth household account.
Video: Biba and IIB chiefs explain why they merged
In an exclusive interview with Insurance Age, Biba chief exectuive Eric Galbraith and IIB chief executive Barbara Bradshaw explain why the trade bodies have merged and what the priorities are for the new organisation.
Allianz promotes its own to build executive team
Allianz Commercial has announced two executive appointments from within the company.
Esure launches two new broker brands
Esure has launched two new broker brands as it bids to broaden its risk appetite in the motor market.
Arista builds Manchester team with in-house promotion
Arista has appointed Martin Hyde as regional underwriting manager.
Biba merges with IIB
The British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have merged to provide one trade association and lobbying voice for general insurance brokers.
More change in HNW sector as RK Harrison acquires fellow broker
RK Harrison Group has had a bid to buy high net worth specialist Mercury West Associates (MWA) accepted.
Editor’s letter - November 2011
“Having one trade body will only help convince those in power this is a serious industry, united in its desire for fair representation”
Sentiment Survey Autumn 2011
The latest Sentiment Survey indicates that dual pricing is still a concern for brokers and commercial is lagging behind personal lines in terms of rising premiums
Products: Travelers launches commercial cover specifically for the plastics industry
Travelers has launched a new insurance product for the plastics industry providing a range of commercial covers including property damage, business interruption, employers’ liability, public and products liability and professional indemnity. The insurer…
Products: Groupama adds cleaning to its Exclusively range
Groupama has released Exclusively Cleaning, the third niche commercial product in the range following the launch of Exclusively Recruitment and Exclusively Security.
How to… ensure scheme claims run smoothly
Members of a scheme often communicate with each other and share their experiences on all manner of subjects – including insurance. And so the well-worn saying that a claims service is the “shop window” for the insurance industry has never been truer than…
High end competition
High net worth specialist SmithGreenfield is developing routes to market and ways of differentiating itself in a competitive sector where high levels of service are expected, managing director Steve Smith tells Martin Friel
Market moves: welcome home
October saw a lot of business development action with insurers chasing brokers and brokers chasing clients in the static UK economy. While there were numerous appointments across the board, as seems to have been the case throughout 2012, Scotland and the…