Commercial
Agenda: That elusive crock of gold
The consolidation of the retail broking sector started in 1998 with the creation of Towergate but gathered pace in early 2000 through to 2008. In that period, some £3.6bn of commercial business was acquired, which equates to 25% of the total commercial…
MSL policy gets makeover
MSL Legal Expenses has revamped its legal expenses policy for businesses, which provides up to £50,000 financial protection for legal costs per claim.
Axa e-product joins Acturis
Axa has released a commercial combined e-trade product to brokers on the Acturis platform on an open market basis.
Bespoke classic car scheme unveiled
Independent insurance and financial services group Lucas Fettes has launched a new bespoke classic car scheme for the motor trade.
CFC suite to tackle risks arising from digital media
Specialist lines underwriting agent CFC aims to address a host of emerging media risks including social networking with its new suite of products.
NIG exit sparks RSA return to personal lines
RSA has expressed a renewed appetite for personal lines business after admitting it had previously been "deliberately underweight" in this area.
Allianz head urges industry to match motor hikes
Allianz chief executive, Andrew Torrance, has called on the market to push up rates, as he promised further double digit increases in private motor in 2011.
Groupama reports stagnant broking revenues
Combined revenues of Groupama Insurances' UK broking businesses have remained relatively flat at £33.3m during H1 2010 (H1 2009: £34.1m).
Aviva boss lists three reasons for fall in GI operating profits
Aviva's UK general insurance chief executive, David McMillan, said the dip in the insurers' general insurance and health operating profits was due to its decision to release fewer reserves this year.
Power hour debate appeals for 'remote' CII to give helping hand
The Chartered Insurance Institute (CII) has been accused of being "London-centric" and remote at an Insurance Age roundtable event in Newcastle.
NTR pilot to ease complex business underwriting
Broker Network is piloting a network trading room (NTR) environment that aims to allow members to place complex commercial risks.
European trade credit insurance market turns corner in 2010, according to Marsh
New insurance capacity, increased competition for business among insurers and improved risk management have led to positive developments for buyers of trade credit insurance across most of Europe in 2010, according to Marsh.
Landlords need to protect against increased dope farming
Following a recent report by the Association of Chief Police Officers (ACPO) highlighting the breadth of cannabis farming in the UK, Aviva has warned property owners to be vigilant when vetting potential tenants, as well as inspecting their properties,…
Axa selects Martin Eyres to lead mid corporate risks
Axa has appointed Martin Eyres as head of mid corporate risks.
Ecclesiastical pulls out of the London market
Ecclesiastical has announced its plans to cease underwriting London market business and begin the run-off of the existing portfolio of its subsidiary Ecclesiastical Underwriting Management (EUM).
The Policy Shop creates property division
Coventry-based broker The Policy Shop has launched a new property division which will lead to the creation of up to 40 new jobs over the next 12 months.
Keychoice Underwriting launches to broker members
SSP-owned commercial underwriting agency, Keychoice Underwriting, has officially launched its commercial combined, package and property owners products to Keychoice Network members, with additional commercial lines products to follow later in the year.
David Oliver Associates launches new commercial policy
Underwriting Agency David Oliver Associates (DOA) has chosen Sterling Insurance Company to underwrite its new Platinum Commercial Combined policy.
LV reaps benefits of below average motor rate increases
LV has increased motor rates by 25% but its general insurance managing director John O'Roarke said that it has still been possible to write profitable business.
Arista boosts Bristol team with hires from Chartis, NIG and Axa
Commercial lines underwriting specialist Arista Insurance has made three appointments to further strengthen its Bristol office.
Ink joins with St Giles to launch solicitors PI offering
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to create a new professional indemnity (PI) insurance facility for solicitor firms with between one and 25 partners.
HDI-Gerling opens new branch in Dublin
HDI-Gerling has announced the creation of a new branch in Ireland.
Broking Success - Macbeth: Laser-focused on service
Emmanuel Kenning meets the managing director at Macbeth Insurance Brokers, who is aiming to blend the best service of the past with the technology of the future.
Ecclesiastical reports interim losses
Ecclesiastical has announced a loss of £9.9m in the first half of 2010. The figure is in stark contrast to the same period in 2009 when the insurer made a profit of £25.7m.