Insurance Age - 2012-02-06
“It’s not that I want to make you all feel bad it’s just that, for brokers, there hasn’t been a lot to be cheerful about”
Speculation continues to surround the sale of French insurance giant’s UK operations
The industry needs to get up-to-speed over new rules governing client assets, explains David Roberts
As the nature of risks facing many businesses and industries changes drastically, brokers could break into areas traditionally dominated by liability specialists, writes Emmanuel Kenning
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.
Businesses need to treat everyone fairly and comply with equality legislation, explains Sally Mbewe
Cautious optimism in the local economy and increased insurer presence in Newcastle are just two reasons why the North East market is looking up, reports Martin Friel
It has been a technology heavy start to the year for brokers who have been inundated with new offerings from insurers in this fast evolving sector.
Equity Red Star has launched a new risk and vehicle management telematics service for the commercial motor and motor fleet sectors.
Travelers has launched two new professional indemnity (PI) products aimed at the publishing and general media sectors.
Axa Art has targeted the owners of art and other valuable collectible items such as vintage cars, wine and furniture with its new insurance policy, ArtFIRST.
Managing general agents have been busy focusing on plugging gaps in the technology-related insurance market.
Stonebridge Corporate has created a new trading subdivision, Print-Insure, to provide cover to the lithographic, digital print and supply industries.
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
Is making redundancies always the best option for coping with financial pressure? Peter Done explores the problems and alternatives
Rumours of the impending hardening market may be premature
Transport Select Committee calls for multi-government department approach
That broker favourite, the Financial Services Authority (FSA), has taken a bit of a pasting from the Treasury Select Committee which described the soon to depart regulator as too expensive, aloof, bureaucratic and unable to protect customers.
In the rush and excitement to bring in new broking teams there are a few things employers should remember, says David Coupe
Tony Cornell looks at the case for a totally separate general insurance business
If insurers’ results reveal poor COR performance in commercial, will it prompt rating increases? Peter Hubbard asks
A seismic change to the way brokers operate is due in April, but the industry doesn’t appear to be ready, says Stephen Netherway
Romero Insurance Brokers’ Justin Romero-Trigo and Simon Mabb tell Andrew Pearce why chartered status is so important and how they have managed to thrive during the recession
Providers refute trade body’s research into stricter claims payouts
“Though it was not their stated intention this time, the aggressive stance was one Biba could adopt more often – and not just because it is fun to write about”
Midlands region shake-up at Towergate sparks rumours of possible flotation
In the high net worth sector, success for brokers is all about nurturing long-term relationships with clients and insurers. Caitlin Morrison reports
The January edition of Market moves obviously riled insurers. Not happy at seeing their column inches quite frankly pulverised by those of brokers, the providers have hit back with a string of senior announcements.
PwC and CBI poll reveals brokers’ optimism levels at their lowest since Q4 2011
New Act moves the focus in consumer insurance, but is the industry ready?