E-Trading
Livestock rustling sends claims soaring in Northern Ireland
Northern Ireland is the worst affected region for livestock rustling, accounting for more than 20% of claims in 2011, according to rural insurer NFU Mutual.
Insurecom adds to senior team
Insurecom has appointed a new chief financial officer (CFO) and chief technical officer.
Market moves: Ready for regime change
It was all about big names and big moves last month. The Financial Services Authority (FSA) lost two big players as it approaches the end of its reign as regulator.
Admiral identifies £250,000 worth of potential fraud
Admiral has identified a quarter of a million pounds worth of potential fraud in just nine days following the implementation of a new claims fraud system.
Groupama increases capability of Optima Business Plus
Groupama has launched a “miscellaneous trades” facility for its online commercial trade product, Optima Business Plus.
New 'professional combined' product hits the market
Acturis has introduced an auto-rated professional combined product combining professional indemnity, directors’ and officers’ (D&O) and office and liability cover to the open market.
Free to compete
The advent of real-time pricing could free brokers’ hands and create a more level playing field
Market moves: Mad for it
Last month things went a bit mad in Manchester, with two insurers and an MGA creating brand new teams in the city. There were numerous other appointments across the insurance spectrum, and what most of them had in common was the city that gave us Oasis.
Are you ready for the next big thing in motor?
Telematics could transform motor insurance, and brokers who already have a foot in the market could cash in
Insurance websites failing customer needs
Insurance company websites are not meeting even the most basic customer experience standards according to a recent survey.
SSP launches real-time pricing hub
SSP has claimed that it is set to transform the intermediated personal lines market with the launch of a new ‘quote hub’ providing brokers with real-time pricing.
TomTom enters UK motor market with CCV broker
Dutch navigation systems maker TomTom has entered the motor insurance market in a deal with CCV-owned Motaquote.
Axa launches second product on Powerplace
Axa Commercial Lines has launched its management liability policy on Powerplace.
Acturis and LV link produces new e-trading tool for brokers
LV Broker has embarked on a partnership with Acturis to develop LV Easytrade, a new e-trading tool for brokers.
Review: Talking tech
CNA Europe technology package product. 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
Product: New products to cover digital downloads and cloud computing
Managing general agents have been busy focusing on plugging gaps in the technology-related insurance market.
Market moves: A good month for the management
It’s well into the new year but the insurance industry is certainly still ringing the changes. As usual, there were moves between rival companies, with Willis losing a COO to Aon, and Lifestyle Services dipping into Ace for a new CEO.
Are you a visionary or a strategist?
Really successful businesses are led by visionaries or strategists, but the UK insurance industry seems to be lacking both, says Tony Cornell
Ace launches trade credit web portal
Ace has launched a new web portal which it claimed allowed clients to monitor and administer their trade credit policies online.
CFC launches policy for the cloud
CFC Underwriting has launched a new cyber liability policy for firms using cloud computing services.
Reportage: Thinking big about smes
The difference between the small and the medium-sized businesses under the umbrella term SME can be very large and brokers need diverse tactics to target them both, explains Caitlin Morrison
Market moves: restructures and resignations
The blood is well and truly covering the floor this month with three high profile departures and the sacking of an entire board. But there was better news for one of their peers who has found his way back into the market in double quick time. What has…
A fresh start
The New Year is a great time to set some personal resolutions and a perfect opportunity to set some SMART objectives for your business, writes Deborah Windermere
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…