Commercial
Marsh launches insolvency practice
Marsh has launched a dedicated practice to provide risk and insurance advice to insolvency practitioners in the UK.
Majority of SMEs have inadequate cover
Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.
Willis Commercial Network celebrates two CII awards
Willis Commercial Network has announced that two members, Heartland (Midlands) and Peter Hattersley & Partners, have been recognised with 2010 Chartered Insurance Broker Awards by the Chartered Insurance Institute.
Product review: Vehicle liability to cover smaller fleets
Broker ratings: The products reviewed here by brokers are rated from one to five, based on the policy’s key benefits.
Bluefin acquires another broker
Bluefin has acquired St Albans-based Gilbert Business Insurance Brokers (GBIB), Insurance Age has learnt.
Quinn may have to raise commercial rates by 3000% to secure UK re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
Broking Success: In the face of adversity
Emmanuel Kenning meets the founders of Baker Jayne, who set up their brokerage in the teeth of the worst recession since World War II and managed to make a profit in its inaugural year.
Aviva launches thermal technology for commercial customers
Aviva has launched a thermal imaging survey service which has been designed to detect loose or corroded connections in machinery and reduce any potential downtime.
QBE set to double commercial property book
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.
MMA reveals new regional team
Broker insurer MMA has named the team that will lead its new regional office in Chelmsford.
Reportage - high net worth: Because they're worth it
Edward Murray looks at how upgrading standard policies to mid and high net worth can benefit both the client and broker.
Insurance Age interview: An even keel
For Phil Scarrett, managing the network operation at Willis is all about striking a balance between the need for growth and maintaining the community spirit. He tells Martin Friel how he keeps everyone happy.
E-commerce: Coverzones revival to spark more aggregator integration
The re-launch of Coverzones, which was recently saved from administration, could trigger greater integration between commercial and personal aggregators, following overtures from its chief executive.
E-commerce: MMA products made available on SSP platform
Broker insurer MMA Insurance has made its Master Tradesman and offices and surgeries products available online to brokers via the SSP platform.
Risk management/claims: Halifax tops the league of UK business crime hotspots
Halifax has been named as the UK's top business crime hotspot for the second consecutive year, with one in 15 companies having made a claim last year compared with a national average of one in 37.
Risk management/claims: FSA in warning over bribery and corruption controls
Commercial brokers risk imprisonment and unlimited fines if they do not strengthen their anti-bribery and corruption systems and controls.
Schemes: Scheme boom to drive down rates
Commercial affinity schemes are growing in popularity but increased competition could have a detrimental impact on rates.
Results news: Allianz determined to do away with all loss-making business
Allianz chief executive, Andrew Torrance, has outlined plans to push through rate increases in commercial after admitting that the current level of return was "not terribly attractive".
News: Quinn saga highlights 'chicken letter' risks
Brokers have been warned against relying too heavily on disclaimers to protect themselves from breaching their duty of care, in light of the recent Quinn scare.
News: QBE ambitions realised
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.
UK General completes claims outsourcing deal
UK General Insurance has streamlined its in-house claims processes after signing a new outsourcing agreement with Direct Group.
Arista reports £1.5m operating loss for 2009
Charles Earle, Arista Insurance chief executive, said the 2009 figures were in line ambitions to make a "consistent trading profit" during year three of trading.
BVCA branches into insurance
The British Private Equity and Venture Capital Association (BVCA) has launched BVCA Insurance Services.
FBP welcomes coalition policy pledge
The Forum of Private Business claims thousands of smaller businesses could benefit from measures outlined in the coalition agreement between the Conservative and Liberal Democrat parties published today.