Insurer
Getting back to growth
Small business confidence has slumped but recovery relies on creating an environment more conducive to growth, writes John Walker
Products: Young drivers benefit from telematics
Insurers have been busy building on their telematics systems in an attempt to bring down the rising cost of motor premiums for young drivers.
Products: Victor Millwell takes on Aviva’s motorhome book
Aviva has defended its decision to pass on its direct motorhome business to Victor Milwell, saying that it would consider entering into other direct schemes with brokers.
Review: The wheels on the minibus…
QBE Minibus Plus. 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
Products: Axa to simplify product lines
As part of Axa Commercial chief executive Amanda Blanc’s new strategy, she has unveiled plans to launch a double pronged attack with a portfolio of simple and complex products.
Products: UK first as Arag develops new ‘divorce insurance’
Heralded as the first of its kind in the UK, Arag has developed a divorce product with two law firms.
The 10 most stupid insurance decisions
What are the 10 biggest bloopers committed by the industry? Tony Cornell gives us his top 10 insurance calamities
Review: Extra cover for motor
Pro-Motor Rescue. 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
What will the FCA look like?
The new regulatory regime could have a very different complexion to the current watchdog, explains Terence Clark
Abbey Legal posts profit as it prepares for changes on legal landscape
Abbey Protection’s MD has predicted a blanket implementation of Jackson’s proposals as the legal insurer posted a 6% increase in pre-tax profits to £5m for Q2 2011.
Solvency II could impact personal lines, survey says
A survey of 170 interim executives working in financial services has found that 90% of respondents expect the costs of Solvency II to force smaller firms to quit personal lines insurance due to being unable to make a profit.
OFT pushes for PMI clarity
The Office of Fair Trading (OFT) has been forced to take action to promote transparency and comparability in the private healthcare market.
L&G hires new broker director ahead of personal lines push
Legal & General’s general insurance business has appointed Mark Holweger to the new role of broker and intermediary director.
Banks accused of another insurance rip-off
An investigation has uncovered further evidence of high street banks deliberately mis-selling insurance products.
Top three crash for cash hotspots maintain position in Q2
The Insurance Fraud Bureau (IFB) has released its second quarter 2011 statistics pinpointing the top 20 areas of the UK affected by crash for cash activity.
Travelers targeting Lloyd’s growth
Travelers has announced a series of promotions within its Lloyd’s operation, Travelers Syndicate Management (Syndicate 5000), to support long-term development in the market.
QBE launches first UK product via social media
QBE has launched a new travel insurance product in partnership with YearAbroadInsurance.com.
Brokers want service and commission for their schemes
Half of all UK brokers are managing various types of schemes and they want high commissions to keep it with one provider, according to a study.
Schemes head to leave Arista
Arista has confirmed that head of schemes Simon Henderson is to leave the company.
Public to foot bill if Quinn family succeed with legal action
Irish policyholders across Ireland will end up paying out if members of the Quinn family are successful in their legal actions against Quinn Insurance.
MSL launches HR service for brokers
Alan Mills has been hired by MSL Legal Expenses to lead its new HR service.
Ellis joins Prince’s Trust Insurance Leadership Group
Grant Ellis, chairman of the Broker Network Group and Countrywide Insurance Marketing, is set to join the committee of The Prince’s Trust Insurance Leadership Group (ILG).
Legal expenses provider loses two senior directors
ULR has announced that two senior directors have left the company.
Hardy reports large jump in COR
Bermuda-based Hardy Underwriting has announced a 17% deterioration in its combined operating ratio to 119% for the first six months of 2011.