Insurer
Esure reports improved profit, GWP and COR
Esure Group Holdings has reported a 46% improvement in profit for the first six months of 2012, at £60.2m compared with £41.3m for the same period of 2011.
Direct Line insists brokers will see "no change" from NIG
Brokers will see "absolutely no change" in their dealings with NIG, Direct Line Group has insisted in the wake of its cost-cutting measures unveiled today.
Up to 900 jobs at risk as Direct Line announces cost-cutting bid
Direct Line Group has announced the proposed redundancy of almost 900 staff as part of the ‘first phase' to try to slash administration costs and boost efficiency.
Elite responds to ARP clarification with PI launch
Legal expenses provider Elite Insurance has set its sights on £3m premium income with the launch of professional indemnity (PI) for solicitors.
Regulator outlines review into sales incentives
The Financial Services Authority (FSA) has outlined the research behind its decision to open a consultation on sales incentive schemes in the financial services industry.
FCA chief highlights PPI mis-selling in commission crackdown plans
Martin Wheatley, chief executive officer designate of the Financial Conduct Authority (FCA), has confirmed that he wants to see an end to mis-selling created by sales incentives.
Zurich personal lines chief steps down
Zurich has confirmed that Karl Bedlow has resigned as managing director of personal lines.
Ai Claims owners report growth and profit
Quindell Portfolio has reported increases in revenue and declared a profit for the first six months of 2012.
Abbey Protection reports increased profit and GWP
Abbey Protection has reported a 3% improvement in its profit before tax, up to £5.2m for the first six months of 2012.
Coface's Denecker to retire as UK managing director
Trade credit insurer Coface has confirmed that Xavier Denecker is to retire as managing director in the UK and Ireland with Frédéric Bourgeois appointed to the role.
New Ocaso UK boss spells out broker ambition
The new UK boss of Spanish insurer Ocaso has spelt out his ambition to boost broker business.
LV Broker revamps SME product range
LV Broker has relaunched its commercial SME product range, with two property owner products now available for the residential and commercial sectors.
Liberty moves to strengthen northern broker relationships
Liberty Mutual Insurance (LMI) has appointed Richard Chapman as broker account manager for its Manchester office.
County Insurance relocates head office in growth bid
County Insurance has moved head office as it sets its sights on boosting staff numbers.
Editor’s letter - September 2012
“Insurers and brokers responded to the half-year results across the market by agreeing there appeared to be a glimmer at the end of the tunnel”
Reportage: Tipping the scales
Brokers face a huge change in the way legal expenses insurance is sold and could lose out if they can’t tap into before-the-event products and add-ons, writes Martin Friel
The human touch
Brokers have to retain the human touch but still embrace smart uses of new technology, explains Cathie Bruce
Compensating for compensation
Proposed changes to the way the FSCS is funded are causing concern, says Steve White
Countdown to commission disclosure
As mandatory commission disclosure rears its head again, Tony Cornell asks what effect it could have on the general insurance market
Mixed results leave brokers guessing
Insurer results paint a confusing picture of the current state of the market
Brokers could lose out as banks enter HNW
Defaqto study reveals invasion of high net worth market by banks and direct providers
Market split over tying solicitors into two-year deals before ARP abolition
Predictions of drop in rates sparks debate over signing up for long-term deals
Market moves: The show’s over
As the Olympics left London, along with the cheery and well-mannered attitude they brought to the city, so it seems that a wave of senior figures in industry decided to move on last month.
How to… sell yourself using social media
In the second of a three-part series, Insurance Age looks at how brokers can promote themselves to current and potential clients through the full range of media available. This month focuses on the advantages of social media.