Commercial
Review: Helping hotels
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Products: Axa offers chartered brokers benefits
Axa Commercial Lines has announced its intention to favour chartered brokers with the launch of a specialist proposition that it said would deliver a range of unique benefits. The insurer plans to hold a number of discussion groups nationwide to help …
Product roundup: It’s a Standard Life for the man from the Pru
The finish line is now visible for the much discussed integration of Standard Life Health into Pruhealth, following its acquisition last year. The insurer has taken the move as an opportunity to adopt what it calls a leadership stance on differential…
Market moves: Underwriting boost and a nod to brokers
An interesting month saw ongoing developments on commercial business with personal lines remaining steadfastly silent. Insurers looked to boost their underwriting and pricing capabilities while keen to highlight they were reaching out to brokers. Axa…
NIG raids rivals to boost Midlands team
NIG has lured staff away from Keychoice Underwriting, Axa, Bluefin and UK General with four appointments at its Midlands regional office in Birmingham.
Regional brokers win business because of service, says study
Just under half of commercial insurance clients prefer to work with regional brokers, according to findings from Pearlfinders Risk Index.
Brit sees profits plunge to £6.8m
Brit Insurance has reported a dramatic fall in profits before tax to £6.8m from £77.5m in 2010 in its half year results to 30 June.
CBG confirms Giles approach
CBG has confirmed that it has received an approach from a fellow broker which could result in an offer for the business.
Aspen swoops for M4 renewal business
Aspen Insurance has announced that its regional platform, Aspen Risk Management, has agreed to purchase certain commercial insurance renewal rights and other related assets from M4 Underwriting.
Brokers warned to take heed of corporate manslaughter case
Recent charges made under the Corporate Manslaughter Act should serve as a reminder to brokers of the need to advise clients appropriately, Allianz Commercial has warned.
Law Society survey finds increase in PI renewal difficulties
The Law Society’s Professional Indemnity Insurance (PII) Survey: Renewals 2010 has found that more firms had difficulty renewing their PII in 2010 than in 2009 and more reported an increase in premiums.
MMA moves to boost commercial underwriting nationwide
MMA Insurance has announced a series of new appointments and promotions across the country to expand its commercial underwriting team.
Ageas moves to strengthen broker relationships
Ageas has appointed Roy Watkinson to the new position of head of commercial pricing and underwriting to support the growth of its commercial lines business.
Bennetts rebrands to become major player in the South
Insurance Broker Bennetts Commercial has unveiled its rebrand.
SMEs still gripped by fear of going bust as confidence nosedives
Many SMEs face going bust in the coming months if trading conditions don’t improve, according to a new study.
Swinton snaps up Westinsure broker
Swinton Group has opened its 34th commercial office with the acquisition of the Brunsdon Westinsure account.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall in front of 1800 fellow industry professionals.
Aviva fills commercial director post
Aviva’s UK chief risk officer has been lined up to take over the vacant commercial director role in November.
Two insurance brokers banned by FSA
The Financial Services Authority (FSA) has banned two insurance brokers, Andrew Porter and Alexander Brincat, from working in the financial services industry and withdrawn the permissions of Mr Brincat’s insurance firm Wise Owl Services.
Midlands broker unveils 20% year on year growth plans
Commercial insurance brokers Johnston Park McAndrew has moved into larger offices as part of its growth strategy.
New Manchester manager for Dual
Dual Corporate Risks has promoted Martin Joyce to manage the company’s national business unit in Manchester.
Products: Aviva returns to telematics with motor fleet product
Aviva has announced its partial re-entry into the telematics arena with a new motor fleet offering.
Products: CBG brews up scheme for drinks makers
CBG has launched an insurance scheme to meet the specialist needs of the commercial brewery industry.
Products: Allianz and Axa launch commercial motor add-ons
Both Allianz and Axa have launched motor add on offerings in an attempt to court broker favour in the commercial motor arena.