Commercial
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.
Products: Groupama adds 200 trades to its online commercial trade product
Groupama has launched a miscellaneous trades facility for its online commercial trade product, Optima Business Plus.
Products: Builders to benefit from latent defects product
The National Register of Warranted Builders, a subsidiary of the Federation of Master Builders (FMB), has launched a new latent defects product through the Build Assure brand.
Products roundup: Products aimed at gamut of professions
The fixation the market has on liability products and all things professional continues this month with several such products hitting the market and a new landowners’ liability product assessed by a stalwart of our broker product review panel, Bluefin’s…
Brokers increase their PI footprint
Professional indemnity market shows no sign of slow down and attracts slew of new entrants
Power hour: Where there’s a claim...
Successfully handling claims means picking the right ones to defend and getting to grips with risk managment, reports Emmanuel Kenning
Products: Auto-rated combined offering will boost “cross-selling potential”, says Acturis
Acturis has introduced a new “mix and match” auto-rated professional combined product combining professional indemnity (PI), directors’ and officers’ (D&O) and office and liability cover to the open market.
Market moves: Ready for regime change
It was all about big names and big moves last month. The Financial Services Authority (FSA) lost two big players as it approaches the end of its reign as regulator.
Broking success: Facing the challenge
Berkeley Insurance Group chairman Andrew Bedford, and group chief executive Tim Maxted explain their approach to the soft market and the importance of expertise, reports Caitlin Morrison
Feeling lucky?
The continuing soft commercial market could be a major threat to the industry, unless lady luck intervenes again, says Tony Cornell