Insurer
Markel improves COR by 5%
Markel International has reported a combined operating ratio (COR) of 92% for the first quarter of 2013, compared with 97% in the same period of last year.
Biba and ABI launch telematics guides
The Association of British Insurers (ABI) and the British Insurance Brokers’ Association (Biba) have produced two guides on telematics.
Lorega launches telephone support offering
Lorega has launched a telephone support offering designed to provide homeowners with swift response access to independent loss-adjusting experts.
Simplyhealth unveils new PMI plan for SME market
Simplyhealth has launched Simply Employee Health, a new private medical insurance (PMI) product for small to medium sized businesses.
Former comparison site director slapped with eight-year ban
A director of motorbike insurance comparison website Bike Insurer Services Ltd has been disqualified for eight years.
Zurich takes Sime from RSA to lead in Scotland
Zurich has recruited Chris Sime from RSA to be broker market head for Scotland.
RWA Group in Consumer Insurance Act learning platform aid
RWA Group has become the latest party to warn brokers about the implications of the Consumer Insurance Act and has also made an online tool available for brokers to get on top of the legislation.
Dearth of insurer clarity leaves brokers in a tight spot
The Consumer Insurance Act is less than a month old but already broker alarm bells have begun ringing.
Das remains in profit as GWP rises
Das UK Group has posted a 10.5% increase in gross written premiums “and other technical income” for 2012 to £178.25m, up from £161.3m the year before.
Simplyhealth CEO Benjamin to retire
Des Benjamin, CEO of Simplyhealth, is to retire after 13 years of leading the company.
Covea targets frustrated brokers in commercial growth bid
Covea Insurance has set its sights on securing the business of brokers disillusioned with the leading insurers as it looks to double its commercial book.
Arc adds Noble Marine to roster
Arc Legal Assistance has signed up with Noble Marine Insurance to offer products to over 20,000 policyholders.
Liberty restructures commercial property team
Liberty Mutual Insurance (LMI) has promoted Richard Brown to the new role of UK commercial property manager.
Covea unveils commercial strategy to rival "traditional" mid-market insurers
Covea Insurance is looking to sign up a trio of senior recruits as it sets its sights on repositioning itself as a "credible alternative to traditional mid-market insurers".
Axa launches tradesman policy on PowerPlace
Axa Commercial Lines has launched its tradesman and professional policy on PowerPlace - its fifth product to go live on the online marketplace.
Sterling rebuffs commoditisation debate with PI cover launch
Sterling Insurance has rejected the commoditisation debate with the launch of a new professional indemnity (PI) cover.
UKGI exposes liability claims fears
Brokers’ most pressing concern is the fear of being exposed to liability claims for the delivery of inaccurate risk data following the implementation of the Consumer Insurance Act, according to a survey by UKGI.
Professionalism: The LinkedIn debate
As the insurer challenge section of Insurance Age’s year-long Professional campaign draws to an end, readers have been sharing their thoughts on LinkedIn.
Motor and home premiums record Q1 fall
Car and home insurance premiums fell in the first quarter of 2013, according to the latest AA British insurance premium index.
Collinson buys Aria Assistance
The Collinson Group is to buy Aria Assistance as it looks to expand its portfolio of complementary businesses with the general insurance and financial services market.
Admiral CEO reveals UK challenge as revenue drops
Admiral Group CEO Henry Engelhardt has admitted it is "not the right time" to grow its UK market share as the insurer's UK car insurance turnover dropped 9%.
Compass strikes three-year £20m deal with Ageas
Compass Broker Services has struck a three-year "strategic agreement" with Ageas UK Insurance worth an expected £20m covering both personal and commercial lines.
Momentum cuts its losses in 2012 as turnover doubles
Momentum Solutions has reported a loss of £129,470 for 2012, down from a £289,993 loss posted last year.
Equity makes "critical first step" towards profitability with twin promotion
Equity Insurance Group has unveiled two high-level promotions with Tim Yorke assuming the newly-created role of chief operating officer and Peter Smith named as claims director.