Commercial
Biba 2011: Young broker and Francis Perkins Award winners named
The British Insurance Brokers’ Association has named Alexandra Dredge of Thomas Carroll (Brokers) as its national Young Broker of the Year, and John Foster of Foster Leighton as winner of the Francis Perkins Award.
Biba 2011: Contingent Commissions not a “big deal” for Aon
Aon president Greg Case has stressed the issue of contingent commissions in the US were never a major issue as the broker instead focuses on “transparency” it offers its clients.
Biba 2011: Axa commercial lines restructure 'complete'
Axa commercial chief executive Amanda Blanc has revealed the restructure of the firm is “complete”, including the identification of 114 senior management staff who will leave the business.
Biba 2011: Groupama vows "radical change" in online SME market
Brokers targeting the SME sector are about to see "a radical change" to the way traditional commercial combined cover is quoted and secured, it was today claimed at the British Insurance Brokers' Association conference.
Biba 2011: TGSL enters London market
Insurance software house Transactor Global Solutions has confirmed a joint venture with G2 Associates and its formal entry to the London insurance market.
Biba 2011: Aviva, Ecclesiastical and Jubilee unveil online launches
A number of new online initiatives have been unveiled today at the British Insurance Brokers' Association conference to help broker either trade or market themselves better.
Biba 2011: Fusion and Oliva to offer SME disaster recovery package
Oliva Underwriting Management and Fusion Insurance Services have both signed agreements with risk mitigation and loss reduction specialists Global Continuity, to embed its disaster recovery solution, Business Assist, into their product suites.
Biba 2011: Catlin targets UK brokers with 'Select' and 'Online'
Catlin has today unveiled a brand new suite of products aimed specifically at UK brokers.
Biba 2011: Allianz signs up Olympians for staff and broker engagement programme
Allianz Insurance has launched a sport-related employee and broker engagement programme at this year’s British Insurance Brokers' Association Conference.
Biba 2011: Trade body renews PI deal and teams up with Jelf
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel, and launched a new private medical insurance offering.
NIG unveils new logo in rebrand
NIG has unveiled a new logo and brand identity following the restructure of its regional business.
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.