Commercial
Products: Fish farming specialist takes on role underwriting RSA’s aquaculture book
RSA has agreed to provide Global Aquaculture Insurance Consortium (GAIC) with capacity to underwrite aquaculture business on a global basis alongside an existing Lloyd’s panel.
Biba 2012: MGA enters commercial market
Aqua Underwriting has widened its underwriting footprint with the launch of a range of niche commercial combined products.
Biba 2012: Higos employee named young broker of the year
The British Insurance Brokers’ Association has named Caroline Webster of Higos Insurance Services as its national Young Broker of the Year, and Dennis Veingard of Premiercare Insurance Brokers (UK) Ltd as winner of the Francis Perkins Award.
Health and Safety: Inspectors go hi-tech for a better service
Technology is transforming plant and equipment inspections and creating substantial improvements in the quality, speed and effectiveness of the inspections carried out and the inspectors that undertake them.
Health and Safety: All about the money
Facing a huge cut in its budget, the Health and Safety Executive is preparing to claw back the shortfall. But plans to charge fees for interventions have met with a mixed response.
Clark Thomson reveals new MD and chairman
Scottish broker Clark Thomson has appointed Ben Bailey as managing director and Ian Bowie as chairman.
Reportage: Lighting up the regions
Insurers are moving underwriting decisions to regional centres, but will this really benefit brokers and is the new model sustainable? Edward Murray finds out
Broking success: Land of his fathers
Thomas, Carroll MD Rhys Thomas explains the Caerphilly-based broker’s niche focus to Caitlin Morrison
Products: Kiln heads for new pastures with appointment of equine underwriter
Kiln has appointed a new equine underwriter in preparation for developing products in that area for the first time.
Products: NIG to undertake funeral director scheme’s underwriting
NIG has won the contract to underwrite the Lark Group’s SAIFInsure scheme from Axa.
Products roundup: Telematics take up gains pace
There were a wide range of products launched in the last month, with numerous markets catered for, from equine risks to vacant commercial properties.
Review: Top down protection
Management Liability 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
Review: Bio-hazards
BioSurance MD: 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: DAS set for launch of Loss Assist at Biba
DAS Group is to expand its range of assistance products with Loss Assist, set to be launched at the British Insurance Brokers’ Association’s 2012 conference in May.
Products: Slew of telematics-based policies released
There has been a recent hike in telematics activity, with several black-box products released into the market last month.
Products: Keelan Westall targets empty commercial property with product
Hampshire-based wholesale broker Keelan Westall has launched Agility Commercial, a product designed to protect vacant commercial properties from damage caused by vandalism, flooding, fire or squatters.
Products: LV Broker adds home insurance product to its e-trading platform
LV Broker launched its ABC home insurance product on Insurecom, in a move the insurer said would strengthen its e-trading offering and prove beneficial for its broker partners.
Market moves: The moves merry-go-round
The insurance recruitment gene pool has long required dilution but it still seems to be the same names popping up going to new jobs at new companies. Which wouldn’t be so bad if so many of them didn’t end up going back to the company they originally left…
Products: Lumley Jacobs signs up forensic coding partner
Non-risk and income specialist Lumley Jacobs has signed a deal to supply Tradewise with a branded forensic coding system. The company will incorporate the forensic coding within its proposition for motor trade and commercial vehicle customers.
Sentiment Survey Spring 2012
The latest Sentiment Survey covers market hardening expectations, increasing broker engagement with social media and the priorities for Biba, all according to brokers
Products: Oxford Insurance Brokers offers IFAs two-year PI deal
Oxford Insurance Brokers Limited (OIB) is offering IFAs a new two year professional indemnity deal as it looks to take advantage of opportunities arising from the Retail Distribution Review and a reduction in capacity in the market.
Products: Ink offers new excess protector product
Ink Insurance has teamed up with Adding1 to develop a new excess protector insurance product.
Review: Lay of the land
CX Land Liability: 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: Rural pursues growth and signs new deals
Rural Insurance has signed three new deals as it continues on its growth drive for 2012.