Commercial
Product launches: QBE & SSR extend electrical insurance cover
QBE and Bristol-based broker Sutton Specialist Risks (SSR) have extended their existing insurance scheme for electrical contractors to cover heating, ventilation and refrigeration engineering risks for domestic, commercial and industrial clients.
Bollington, Equity Direct Broking and THB Risk Solutions launch new schemes
New schemes have been launched by Bollington, Equity Direct Broking (EDB) and THB Risk Solutions.
Arag service comes out on top in legal expenses insurer questionnaire
Brokers have voted Arag the best legal expenses insurer (LEI) in terms of overall service in a survey by Insurance Age's sister industry insight unit Insurance 360.
Broker buying spree continues
Brokers began the second half of 2010 in a flurry of acquisition activity with Bridle Insurance snapping up two buys and further purchases from MRIB and Cullum Capital Ventures (CCV).
Quinn impact: solicitors' professional indemnity problems affecting all firms
Professional indemnity (PI) premiums for small firms are set to soar by up to 30% following Quinn Insurance's withdrawal from the market.
NIG's personal lines exit to impact around 3,000 brokers
About 3,000 brokers will be affected by NIG's decision to exit the personal lines market and focus solely on commercial business.
Management clinic- anti-bribery: Don’t slip up
The FSA has published an anti-bribery and corruption in commercial insurance report. It seems to relate to overseas markets, so does it apply to my firm?
News round-up: July/August 2010
A brief round up of news from the secto.
CII elects its 114th president
Chris Hanks, general manager of commercial insurance at Allianz, has been elected president of the Chartered Insurance Institute (CII).
Willis slams Aon's stance on contingent commissions
Willis Group Holdings has responded to the announcement by Aon Corporation that it would resume accepting contingent commissions “where appropriate and legally permissible”.
RSA launches online quote and buy facility for brokers
RSA has launched RSA Online, a new service which enables brokers to obtain quotes and bind a policy online.
Bollington enters into affinity partnership
Commercial broker Bollington has entered an affinity partnership with fleet management specialist Fleet Support Group.
News analysis: LV launches marketing tool
LV is launching a marketing and quote-engine tool for small and regional brokers called Proud, utilising South Essex Insurance Brokers' wholesaling arm's technical back-end.
SMEs predict two year wait for UK economic recovery
The majority (58%) of small to medium sized enterprises (SMEs) believe there will be a two year wait before the country experiences a full economic recovery, according to research from QBE.
Lloyd's report on globalisation highlights new form of risk
Lloyd’s has published a new report examining the systemic risks associated with globalisation.
Post Intelligence Benchmarking - Legal expenses: Five go forth
Fresh from surveying broker readers, Insurance 360's Peter Joy lifts the lid on the service provided by the UK's five leading legal expenses insurers — as their brokers experience it.
CEOs lack commercial cover awareness, says ALP
Nearly one in four CEOs don’t know what claims or eventualities their business is covered for under their commercial insurance policy, according to The Protection Gap survey commissioned by Abbey Legal Protection (ALP).
First Assist and Morgan Cole join forces
First Assist has signed a deal with Morgan Cole which it claims makes it the first law firm in Wales with delegated authority to provide after the event (ATE) insurance in commercial cases.
Market watch - commercial motor: Has commercial motor gone flat?
Though the economy continues to be troublesome and commercial motor is still highly competitive with small margins, there are some areas of improvement and growth, writes Fiona Nicolson.
Broking success - Sydney Packett & Sons: Prized Packett
Emmanuel Kenning meets a family-owned broker with an illustrious past and bright future specialising in small and medium-sized enterprise, charity and training insurance.
Prime Professions' profits rise by 400%
Prime Professions has announced its financial results for the year ended 31 March 2010.
Halliwells files second notice to avoid administration
Halliwells has filed a second notice of intention to appoint an administrator in an effort to extend discussions on the sale of the firm without entering into administration.
APC moves in to Ireland
APC has launched its first product in the Republic of Ireland aimed at shopkeepers.
The British Insurance Awards 2010 - winners round up
1800 people saw Allianz become general insurer of the year at the annual British Insurance Awards.