Broker
MSL's valuation service part of new broker strategy
MSL Group has launched a new claims valuation service for brokers to offer their clients.
Referral fee ban could be catastrophic for brokers
Industry experts have warned that brokers reliant on an income stream from referral fees could find the government’s ban disastrous for their business.
Ban on referral fees is not the only answer says Biba
The British Insurance Brokers’ Association (Biba) has voiced strong concerns about the government's announcement of a ban on referral fees for the selling on of personal injury details.
Biba questions duplication in OFT inquiry
The British Insurance Brokers’ Association (Biba) has welcomed the announcement of an Office of Fair Trading (OFT) inquiry, particularly regarding comparison sites, but added it did risk going over old ground.
Biba demands permanent 42 day notice period for riot claims
The British Insurance Brokers’ Association (Biba) has called on the government to change the Riot Damages Act notification period permanently from 14 to 42 days.
Video: how to make your website work for you
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.
Private equity hungry for insurance investment
More than two thirds (68%) of private equity houses plan to invest in the UK financial services market in the coming year, particularly in insurance and banking, according to a Grant Thornton report.
IIB turns the screw on regulator
The Institute of Insurance Brokers (IIB) has called for “fundamental regime changes” in regulation.
IIL links up with CDL to fight fraud
CDL has confirmed that it is working with data provider Insurance Initiatives Limited (IIL) to launch an enriched data service, designed to aid accurate policy pricing by verifying consumer data.
Towergate and Confused.com in SME tie-up
Towergate Insurance has announced that it is to become the sole provider of business insurance for price comparison site Confused.com.
Capita expands health business with IMG buy
The Capita Group has acquired Insurance Medical Group (IMG) for an undisclosed sum.
Bluefin and Acturis extend partnership
Bluefin and Acturis have completed a successful 14 month project to add 317 new users and 16 offices onto the Acturis system.
Marsh makes senior hire to develop footprint on Isle of Man
Marsh has appointed Ken Watterson as a non-executive director on its board of directors on the Isle of Man.
PPI complaints soar to new high
The Financial Ombudsman Service (FOS) has revealed it handled 98,632 new complaint cases for payment protection insurance (PPI) in the first six months of 2011, more than double the total of 46,275 in the previous half year.
MMA deal leads to scheme option for UK General brokers
UK General has signed an extension to its capacity deal with MMA to broaden the terms of its tradesman’s liability offering.
Lorica hires for growth
Lorica Insurance Brokers has announced a number of new hires across its UK branch network.
What’s the Big Idea?
In May this year, Insurance Age teamed up with Axa Personal Lines to launch the Big Idea at Biba 2011. Broker entrants from across the UK submitted 100 words detailing what their Big Idea was and those that held the most promise have been asked to submit…
Central targets charity sector with Hiscox
Central Insurance has teamed up with Hiscox to launch a charity product designed to meet the insurance needs of Scottish non-profit organisations in a single policy.
Products: Cover from when the hammer falls
The high net worth antique and auction market has seen a recent focus on product development for both a broker and an insurer.
Products: Lexelle fuels market with expanded range
Wholesale broker Lexelle has launched a range of new products to help brokers meet customer demand.
Products roundup: Blanc divorces simple from complex at Axa
Amanda Blanc’s long-awaited strategy for Axa Commercial is unveiled this month and she is confident that it is what brokers want and need from an insurer. The division of simple and complex risks certainly seems to make sense and brokers may welcome the…
Unitas welcomes latest member to the fold
NPA Insurance Broking Group has joined the broker alliance, Unitas.
Insurance Age blog: The calamity that is claims
Claims are given quite a lot of air time. Everyone seems to have an opinion about them - unfortunately most seem to centre upon what other people are doing wrong.
Brokers split over network independence
Loss of independence cited as major reason for shunning networks, brokers explain