Commercial
Products roundup: new year, new technology
The new year has blasted off with insurance once again looking to the technological future. Chubb has unveiled a cyber security insurance product for companies in Europe to cover financial losses in the event of a data breach.
Market moves: Dave new world
For the first time in a long time Scotland had a relatively quiet month, although Glasgow welcomed a new Mitsui Sumitomo branch. The insurer also made a senior appointment in Manchester, which was quite a hub of activity in November, with Arista and MMA…
Reportage: And a happy new year?
A tough 2011 looks likely to be followed by another 12 months to forget, but there are some things to look forward to, writes Caitlin Morrison
Power hour: Commercial challenge
The market constantly bemoans commercial rates and the sector seems to be struggling. So, what will be the main challenges in commercial lines in 2012 and how is the Scottish market facing up to them? Martin Friel finds out
Insurers return to the regions
Moving underwriters to regional offices is just one way insurers have tried to get closer to brokers in 2011
November is the cruellest month
Fears of spiralling market conditions sparked as spate of unfortunate events hit brokers
Review: Motoring along
Motor Fleet from Axa. 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: Dual Corporate Risks launches fraud product
Dual Corporate Risks has launched Management Liability Plus designed to protect privately-owned companies, their directors, company pension funds and trustees from claims and losses incurred as a result of internal fraud.
Schemes: Rural rides high with horse scheme
Rural Insurance and broker UK Insurance Solutions have teamed up for the launch of the provider’s first equine delegated authority scheme.
Products: Product protects against data theft by employees
A new product that could detect employees accessing and distributing sensitive company data has been launched.
Product roundup: ‘Tis the season to tackle cyber crime
While it may seem incongruous to raise such matters in the season of goodwill, this month’s products and schemes pages are dominated by cyber crime, fraud, litigation and a change at Biba’s oldest scheme as the association dispensed with Sterling’s…
Winners and losers
If the ban on referral fees goes ahead next year, the repercussions could be felt throughout the industry, explains Tony Cornell
Profile: Making the grade
Moving Groupama away from its grey man reputation to become a niche specialist was a risk, UK CEO François-Xavier Boisseau tells Emmanuel Kenning, but one worth taking
Donaldson insists brokers come first at RSA
RSA’s Paul Donaldson has reaffirmed the insurer’s commitment to the broker market while dismissing rival insurer strategies, as “sound bites”.
Arista appoints new broker contact in North East
Arista Insurance promoted Neil Wormald to the role of branch manager for the North East of England.
RSA builds up North East management team
RSA has appointed Lee Mooney as regional manager, North East.
‘Strategic’ decision delays aggregator offering
The launch of a new aggregator due to hit the market early in 2012 has been delayed as part of a ‘strategic decision’.
In conversation with RSA: distinguishing from rivals in SME commercial
The SME commercial market remains one of the most highly competitive in the UK insurance space.
Personal lines growth drives up NWP at RSA
RSA has reported UK personal lines Q3 net written premiums were up 13% to £1 036m, with commercial lines up just 2% to £1 282m. Overall the UK was up 7% to £2 318m.
Sentiment Survey Autumn 2011
The latest Sentiment Survey indicates that dual pricing is still a concern for brokers and commercial is lagging behind personal lines in terms of rising premiums
Products: Travelers launches commercial cover specifically for the plastics industry
Travelers has launched a new insurance product for the plastics industry providing a range of commercial covers including property damage, business interruption, employers’ liability, public and products liability and professional indemnity. The insurer…
Products: Groupama adds cleaning to its Exclusively range
Groupama has released Exclusively Cleaning, the third niche commercial product in the range following the launch of Exclusively Recruitment and Exclusively Security.
How to… ensure scheme claims run smoothly
Members of a scheme often communicate with each other and share their experiences on all manner of subjects – including insurance. And so the well-worn saying that a claims service is the “shop window” for the insurance industry has never been truer than…
Market moves: welcome home
October saw a lot of business development action with insurers chasing brokers and brokers chasing clients in the static UK economy. While there were numerous appointments across the board, as seems to have been the case throughout 2012, Scotland and the…