Commercial
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
Editor’s letter - March 2012
“Read between the lines and you will detect some belief that the worst of the bad times may be over”
Broking success: Clear thinking
Howard Lickens, CEO of Clear Insurance Management, tells Caitlin Morrison of the importance of acquisitions, the benefits of Brokerbility and how the business coped with the introduction of the FSA
Products: La Playa tests its new research and development product in the lab
La Playa has produced a new product designed specifically for start-up, early stage and SME research and development businesses.
Products: NIG fills a gap in its property owners insurance range
NIG has launched Essential Property Owners (EPO) cover, an SME-focused version of its Premium Property Owners (PPO) product.
Market moves: Mad for it
Last month things went a bit mad in Manchester, with two insurers and an MGA creating brand new teams in the city. There were numerous other appointments across the insurance spectrum, and what most of them had in common was the city that gave us Oasis.
Brokers on the brink?
Administrations, threatened product pull-outs and agency culls have sparked brokers’ fears over the future of the market
Commercial faces long road to hardening rates
Despite insurers announcing improved profitability last year, the commercial market still faces tough trading conditions
Products: B&Bs can rest easy with bespoke product
Bridge Insurance brokers has teamed up with Brit Insurance to launch Hospitality, an insurance scheme focused on boutique bed and breakfast businesses.