Insurer
Groupama establishes new underwriting team for London and South
Groupama Insurances has created a dedicated new business underwriting team for London and the South.
TEn unveils new flexible model
Commercial broker network TEn Insurance today unveiled its new operating model in a move designed to broaden its appeal, attract larger more established brokers and give existing members room to grow.
Insurance Age blog: Thank you and goodnight
As The Chairman of the Board himself would say "and now the end is here, and so I face the final curtain..." as, yes, you've guessed it from my oh so subtle intro, I'm leaving good old Insurance Age.
Inflation to stay above 2% for all 2011, says Bank of England
The Bank of England’s latest quarterly Inflation Report has stated inflation is unlikely to fall below 2% before 2012 due to the upcoming VAT increase and rising import prices.
Ageas' retail profit remains static while COR continues to improve
Ageas' quarter three results have shown its UK retail operations, RIAS, Kwik Fit Insurance Services and Ageas Insurance Solutions (UKAIS), have delivered a 32% increase in total inflows to £96m.
Markel International expands D&O offering
Markel International has launched three new products to expand its directors and officers offering and brokers should also be aware it has altered the existing D&O wording.
Exeter Friendly to cut PMI premiums
Exeter Family Friendly has cut premiums on its "Health Cover for Me" private medical insurance (PMI) plan by up to 12.5%.
Biba calls on Government to stem "spiralling" motor insurance costs
The British Insurance Brokers’ Association (Biba) has called on the Government to implement an eight point plan to reduce the rising cost of motor insurance.
Bluefin to put SME underwriting facility Elite into run-off
Bluefin has announced that it is putting its Elite underwriting facility for small to medium sized enterprise (SME) business into run-off in favour of expanding its existing Platinum product range.
Markel makes three senior hires for MGA arm
Markel International has strengthened its new MGA (Managing General Agent) division with three senior appointments.
Ecclesiastical to establish London broker regional centre
Ecclesiastical is turning its city office operation into a London regional centre, headed by former national broker sales manager Paul Glasper (pictured).
Aviva launches iPhone claims application
Aviva has launched a free iPhone application (app) which has been designed to allow policyholders to file a motor insurance claim remotely from their iPhone.
Hiscox UK sees growth while group experiences slight dip
Hiscox’s interim management statement for the first nine months of the year to 30 September 2010 has revealed its UK retail business premium income has grown by 8.9% to £249.1m (2009: £228.7m) with the direct business growing by 22%.
Markel reports 13% rise in GWP
Markel International has reported a rise in gross written premiums (GWP) to $574m for the nine months ending 20 September 2010, compared to $510m for the same period last year.
FOS compensation case gives industry much needed clarity over claims
Claimants who accept a Financial Ombudsman Service (FOS) final determination will be bound by it and will not be able to then bring a civil claim through the courts against their broker in respect of the same claim following a recent High Court decision.
Record numbers flock to Broker Expo 2010
A record-breaking 750 brokers attended the sixth Insurance Age Broker Expo at Coventry's Ricoh Arena.
RBSI reports £33m loss for Q3 2010
Royal Bank of Scotland Insurance (RBSI) has reported a £33m operating loss for Q3 2010, compared to a £203m loss in Q2 2010 and a £11m profit in Q3 2009.
RSA UK premiums increase 10%
The insurer has reported a 10% rise in premiums to £2.17bn for the nine months to 30 September 2010.
Technology Viewpoint - Document Processing: Urban myths: the paperless office
Anthony Macciola explodes the notion of the paperless office and lays out what steps insurance brokers can take to handle the ever-increasing amount of paper cluttering their organisations.
SME Aggregators: Digital commercial futures
Edward Murray outlines the difficulties being encountered in establishing a successful aggregator template for small and medium-sized enterprise trade.
Market Watch - Networks: Opening connections
Emmanuel Kenning argues that broker networks are becoming more popular, though managers need to think carefully about the offerings available through them before committing their firms.
News Analysis - PB Management Event: Planning for the recovery
Emmanuel Kenning reports on the key management information on offer to attendees at PB's annual conference.
The PB Interview - Nigel Barton: Boutique beat
Emmanuel Kenning speaks with a DJ'ing broker who mixes passion with honesty in his search for talent.
News round-up: Organisations
The Chartered Insurance Institute has unveiled the New Generation Claims Group, which consists of eight young insurance professionals who will look at how social media can be used to improve customer communications during a claims surge. They will report…