Broker
Oval restructure leads to three new board appointments
Executive board members at Oval have moved quickly to explain the firm’s ongoing restructuring process amid suggestions that former group managing director Jeff Herdman has been demoted.
Ageas to be grilled by IIB over Toba changes
The Institute of Insurance Brokers (IIB) is to hold discussions with Ageas in response to member complaints over recent amendments the insurer has made to its terms of business agreements (Tobas).
Broker Direct to offload three brokers to Swinton
Broker Direct is to sell three brokers to Swinton Commercial, Insurance Age understands.
Denney unveils Marsh Probroker’s membership numbers, in Network Spotlight day three
Martyn Denney, head of networks at Marsh Probroker, has revealed that it has a current membership of 12 with four more signed up ready to go live in his interview for Network Spotlight.
Biba healthcare group founder resigns, labelling it a toothless tiger
The British Insurance Brokers’ Association (Biba) healthcare focus group has been dealt a further blow with the resignation of one of its founder members.
Broker Network circles Our Network members following Willis deal
Broker Network has opened itself up to membership enquiries from Our Network members following the news that the Broker Direct-owned network had struck a deal with Willis Networks to transfer membership.
Giles weighs in with cash offer for CBG
Giles Insurance Brokers has made a £5.1m cash offer for CBG Group.
Bluefin appoints sport specialist
Bluefin Insurance Services has appointed Richard Cliffe as divisional director of Bluefin Sport.
Confused.com advert banned by ASA
The Advertising Standards Authority (ASA) has ruled that confused.com’s adverts stating “18 million strong”, later amended to 20 million, were misleading.
Davey on insurer relationships in day two of Network Spotlight
In the second instalment of the 12 day Network Spotlight series, Jonathan Davey, managing director of Keychoice Distribution questions whether more brokers are outside networks than in.
Sell personal accident cover
▶ There is a common misconception that personal accident (PA) cover is difficult to sell and administer – this is not the case. It is incredibly flexible – there are no rules about the number of employees or size of premium and the benefits can be…
Network spotlight series
Insurance Age has interviewed the leaders of the networks to ask them why there are more brokers outside networks than in and what steps they have taken to help members in the past year.
NMJ doubles in size with Broker Direct purchase
NMJ Insurance Brokers has acquired Barry Fenton Insurance from Broker Direct as a result of the latter’s plan to focus on its core business.
Houghton predicts reduction in networks, as Network Spotlight kicks off
Nick Houghton, managing director of Broker Network, faces the camera for Network Spotlight, and predicts 70 new members in 2011.
How to… sell personal accident cover
▶ There is a common misconception that personal accident (PA) cover is difficult to sell and administer – this is not the case. It is incredibly flexible – there are no rules about the number of employees or size of premium and the benefits can be…
Products: RSA launches “easy to understand” marine product for non-specialist brokers
RSA has claimed an industry first with the launch of its combined Marine Cargo and Marine Stock Throughput policy.
Review: Telematics and fleet in one
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
Review: Helping hotels
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 offers chartered brokers benefits
Axa Commercial Lines has announced its intention to favour chartered brokers with the launch of a specialist proposition that it said would deliver a range of unique benefits. The insurer plans to hold a number of discussion groups nationwide to help …
Products: Pruhealth in final stages of SLH product integration
Pruhealth has vowed to take a leadership position in terms of differential commission as it approaches the final stage of its product integration following its acquisition of Standard Life Health (SLH).
Product roundup: It’s a Standard Life for the man from the Pru
The finish line is now visible for the much discussed integration of Standard Life Health into Pruhealth, following its acquisition last year. The insurer has taken the move as an opportunity to adopt what it calls a leadership stance on differential…
How to… boost your CV
▶ In one of the most competitive jobs markets for years, candidates have their work cut out just to get as far as the interview stage. ▶ Your CV has really got to cut the mustard and extra-curricular activities are a prime opportunity to help you stand…
Market moves: Underwriting boost and a nod to brokers
An interesting month saw ongoing developments on commercial business with personal lines remaining steadfastly silent. Insurers looked to boost their underwriting and pricing capabilities while keen to highlight they were reaching out to brokers. Axa…
Reportage: Back to basics
Is underwriting becoming a lost art, or is technology helping to make it better than ever? Louise Meeson finds out