Commercial
Ex-Coverzones boss to lead PowerPlace
Towergate-owned PowerPlace has announced the appointment of Simon Ball as chief executive officer effective 1 June 2011.
MMA targets commercial growth through brokers with BDM hire
MMA Insurance has appointed Derek Bradshaw as development manager, in a bid to drive commercial growth through the broker channel.
RSA launches mid market commercial product
RSA has launched a new Commercial Combined Select product which it claimed has been specifically designed to meet the needs of a range of sector trades.
Line blurred between mid corporate and SME
Lack of clear distinction between SMEs and mid corporates has led to an overcrowded sector
Products: Markel UK goes direct with offering to ‘unattractive’ low-premium clients
Markel UK, the retail division of Markel International, has launched a direct commercial offering. Markel Direct will be targeted at low-premium clients, many of which, according to Markel, share the characteristics of personal lines business therefore…
Products: KWW launches liability suite
Lloyd’s broker Kite Warren & Wilson (KWW) has targeted the high end SME asset manager and Lloyd’s managing agent market with a suite of new liability products.
Products: Biba in deal to provide brokers with access to export insurance scheme
The British Insurance Brokers’ Association (Biba) has come to an agreement with the government’s Export Credits Guarantee Department (ECGD) to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Products: Allianz and PolicyBee take PI to the regions
Professional indemnity (PI) has taken to the regions as Allianz Commercial rolls out its offering beyond the London market and a PI broker launches in Suffolk.
Groupama targets niche trade with Exclusively
As part of the launch of its Exclusively range, Groupama is to broaden its distribution base by giving the open market access to certain scheme areas.
Axa's UK commercial motor revenues jump by 21%
Axa’s results for Q1 2011 have shown a 2% drop in total revenues to €28bn (£25.2bn) from the same period last year.
Willis' net income for Q1 2011 drops by £103m
Willis Group Holdings first quarter results for 2011 have revealed a reported net income of $34m (£20.6m), or $0.20 per diluted share, compared with $204m, or $1.20 per diluted share, in the same period a year ago.
Lloyd's broker sells majority share of business ahead of acquisition drive
Tasker & Partners has sold a controlling interest of its business to newly formed Tasker Ventures (TV) as part of a private equity deal.
Aon survey ranks top 10 business risks
Global business leaders identified economic risk as the greatest threat they faced today, according to the findings of Aon’s 2011 Global Risk Management Survey.
Legal change to EL could stop e-trading in its tracks
A change to employers’ liability (EL) insurance could make it impossible for brokers to process policies online for at least the next year.
How to make a scheme work for you
UK General schemes and sales director John Bibby advises brokers on how to make their mark in the schemes space.
Next head rolls at Axa Commercial
Head of specialist markets at Axa Commercial, Mike Phillips, has become the latest member of senior management to leave the business.
Clutterbuck steps up to fill Moylan's shoes at Allianz
Allianz has announced that Neil Clutterbuck is to take on the role of director, underwriting and technical, for Allianz Commercial, following the retirement of Geoff Moylan.
Allianz rolls out PI to the regions
Allianz Commercial has teamed up with fellow Allianz Group member, Allianz Global Corporate & Specialty (AGCS), to launch a Professional Indemnity (PI) solution to the UK provincial broker market.
Brokers say Hector's departure is a major loss for Axa
Brokers have reacted with disappointment to the news that distribution director Keith Hector has left Axa Commercial Lines.
Solicitors' PI market leader Chartis slams SRA consultation
Chartis has been the latest insurer to react to the Solicitors’ Regulation Authority’s (SRA) consultation on the Assigned Risk Pool (ARP).
Arista seeks to double business in next three years
Arista Insurance has unveiled a range of measures in bid to double its business volumes by 2014.
Giles to sell off life sciences business
Giles Insurance Brokers is to sell its life sciences business as it looks to focus on its more traditional lines of business.
APC to double SME presence in the North
APC has revealed it aims to double its book of SME business in the North of England and Scotland over the next 18 months by hiring a dedicated business development manager (BDM) for the region.
Allianz unveils PI team ahead of product launch
Allianz Commercial has established a new Professional Indemnity (PI) underwriting team in preparation for the launch of a new product later this month.