E-Trading
Market could save millions with new telematics offering
Claim Witness has launched a new Telematics “Black-Box” solution designed to provide insurers with both first notification of an accident, and driver data analysis to assist with premium adjustment.
Insurance Age blog: What did you have for breakfast today?
I'm going to tell you something you don't know about me. Happy Gilmore is one of my all time favourite films. There are a variety of reasons why this is the case but one particular exchange never fails to make me chuckle.
Groupama claims e-trading milestone
Groupama has labeled Optima Business Plus “the market’s first fully online, multi-section, commercial combined product”.
E-broking 2011: Delegates say e-trading to increase over next 12 months
An overwhelming 96% of delegates at Insurance Age’s e-broking conference confirmed they expected the amount of e-trading they conducted to increase over the next 12 months.
E-broking 2011: Brokers must adopt e-trading or risk losing out to aggregators, warns Cullum
Towergate Partnership executive chairman Peter Cullum has warned if brokers continue to fail to adopt e-trading then aggregators will “eat their breakfast before they get up in the morning”.
E-broking 2011: E-trading capability will develop to achieve premiums of all sizes in future
At Insurance Age’s inaugural e-broking event, Andy Heap, director of Digital Reach, questioned current assumptions about e-trading and assessed how the situation would develop describing technology as “very clever people coding human behaviour.”
Brit becomes latest insurer to join Powerplace
Powerplace has added Brit Insurance to its panel of insurers.
Editor’s letter – June 2011
I think the front cover says it all. For many brokers, moving into the online world is a leap of faith and not one that should be taken lightly. But there is momentum. Every insurer executive is talking about e-trading and they’re desperate for you, the…
Knock-on effect
Solvency II and insurers’ need for high-quality information is beginning to impact on intermediaries, writes Ian Singer
Market moves: Team players and fresh faces
They say a problem shared is a problem halved. And the same, elusive “they” also say that many hands make light work. Clearly the insurance community has been spending a lot of time with “they” as teamwork has been the buzz phrase in this month’s…
Reportage: Take the plunge
The personal lines market is well and truly established on the internet, but the SME market is lagging behind. Edward Murray explains why now is the time to go online before the big players move in.
SSP unveils new solutions following Sector closure
SSP has announced the latest releases of its insurer, managing general agent (MGA) and broker solutions following an £8m development programme during the last 18 months.
British Insurance Awards 2011: shortlist announced
Today Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Aviva makes aggregator u-turn
Aviva has confirmed it intends to return to the aggregator space for private motor with a new, separately branded internet-only offering.
SSP platform closure could leave it vulnerable to attack
Software provider SSP is to phase out use of its Sector platform in a decision that could affect some of the biggest names in broking and leave its business open to attack from competitors.
Biba 2011: Cyber insurance to “be worth more than D&O and P&L combined”
Graeme Newman, business development director at underwriting agency CFC, has predicted the rise of cyber insurance, as cyber-related crime and scandal hit the national headlines.
Paymentshield unveils broker website plans
Paymentshield has launched a new consumer facing website designed to help brokers discussing its products with consumers.
Insurance Age launches new broker-only technology event
A new event to help bring brokers up to date with the latest trading technologies and how they can improve their businesses, has been launched.
Allianz continues roll out of household range to brokers
Allianz Retail has launched its Clear household range on Acturis, forming the next stage of its product roll out to brokers.
RSA expands SME e-trading proposition
RSA has announced the expansion of its e-Promise team designed to support brokers online trading with the insurer.
Markel goes direct but promises brokers e-trade option
Markel UK, the retail division of Markel International, has launched a direct commercial offering.
Reportage: Facing up to networks
With networks increasing in popularity, Emmanuel Kenning recounts their development and looks to the future of this crucial market sector.
New software house launches platform for brokers
Wanna Insure has launched a end-to-end software platform which it claims reduces the development costs and implementation time for products inherent in legacy software house solutions.
Aviva expands Fast Trade product range
Aviva has added three new products to Fast Trade, its online trading platform, and has claimed that it now transacts 90% of its commercial package products online.