Insurance Age - 2012-07-09
The UK motor fleet market enjoyed a bit of attention last month, with two market developments. Equity Red Star kicked things off, releasing SME Protect, its new mini-fleet product.
Equity Red Star has launched SME Protect, a new mini-fleet product for family run businesses and small enterprises with fleets of two to 10 cars and/or commercial vehicles.
LFC Insurance Group and LFC Shield have launched a new and exclusive professional indemnity facility with Axa Insurance.
Macmillan Sheikh has launched a scheme for electrical contractors and allied trades as part of its programme of commercial schemes development for the intermediary and direct markets.
HomeWorks: 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
“Aviva, not content with changing its regional offering, again, has set tongues wagging with its abrupt departure from Broker Network”
Finding a specialism can lead to higher profits and allow smaller brokers to compete with the big players, explains Tony Cornell
Moving office mid-way through a lease can be difficult, but there are several options available, explains Matthew White
Martin Oliver discusses his return to personal lines broking, the need to put customers at the heart of the business and what he thinks the Financial Conduct Authority may do next
MD Stuart Rootham explains why a focus on organic growth rather than acquisitions was the right strategy for RK Harrison Insurance Services and why the broker is not afraid of the competition
It was the end of an era this month for three insurance stalwarts. Both Andrew Torrance, Allianz UK CEO, and Ecclesiastical UK managing director Steve Wood confirmed they were calling time on their 10 and seven-year stints in their respective roles…
Ben Thornton explains how ‘man and machine’ can work in harmony, even for more complex trades
It is getting increasingly difficult for brokers to stand out in the high net worth sector, so attention to detail and service could make all the difference, reports Edward Murray
A whole array of products sped into view last month as insurers and brokers ensured the arrival of the summer silly season would not put the brakes on their new offerings.
CPM (Cyber, privacy and media risks). 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
Regulator tells the industry to review marketing of motor legal expenses insurance
Insurance Age has hosted a roundtable with experts from across the insurance industry as part of our on-going campaign about professionalism.
“Consistency is what brokers always tell me they want… and both Mr Torrance and Allianz have delivered this in spades”
Removal of Latvian insurer’s operating licenses hits UK professional indemnity market
Brokers welcome Jon Dye as incoming Allianz CEO after Andrew Torrance’s unexpected decision
Industry calls for more education for culprits
Moving claims functions to India may harm the provider’s brand, industry warns