Insurer
SRA consultation could scrap single renewal date for solicitors' PII
The Solicitors' Regulation Authority (SRA) has proposed the removal of the single renewal date for professional indemnity insurance (PII) for firms from October 2011, so that they can renew cover at any time of the year.
Household insurance in flood risk areas subsidised by £511 annually, says Axa
According to data from Axa, household insurance for homes in high flood risk regions is being subsidised by £511 each year. The insurer stated this means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect…
Survey shows half of brokers unaware of CIE regulations
Allianz Commercial has found that almost 50% of brokers have no knowledge of the new Continuous Insurance Enforcement regulations, which are due to come into force early in 2011.
Amanda Blanc leaves Towergate for Axa
Axa UK has appointed Amanda Blanc as CEO of its commercial lines business which includes its distribution arm, Bluefin.
The Third Force 2011
The latest edition of the Third Force finds that as this sector goes from strength to strength its influence on the market is greater than ever.
Brokers urged to push law firms to flag up ABS intentions to insurers
Brokers must push clients to alert their insurers if they are planning to become an Alternative Business Structure (ABS) or risk being drawn into claims for non-disclosure, according to legal experts.
Reportage - CII training: The value of training
The CII has an enviable reputation for promoting professionalism in the industry, however there is a sentiment in some parts of the market that it is more concerned with making money. Louise Phillips weighs up the true value of its training structure.
Your opinions: Chartered Insurance Institute report on BCP highlights disparity in thinking
Insurance Age welcomes your opinions via email, Linked In, the Broker Forum, Twitter and good old-fashioned letters. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 – 34 Broadwick Street, London, W1A 2HG or email martin.friel…
Viewpoint: Technically speaking
With the success of the iPad and Lloyd's plans to trial the replacement of traditional underwriting slips, Martin Eves asks whether new technology can be incorporated to benefit the insurance industry or if it is more often a case of hype over substance
Product review: Optima PI for non-traditional trades
This product has been reviwed by brokers and rated from one to five based on the policy's key benefits.
Non-standard risks: When risks don't fit
David Whitaker discusses the trials of obtaining non-standard insurance and explores how brokers can go about placing these risks.
Bluefin's Elite in run-off to allow greater Platinum focus
Bluefin has announced 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.
News review: November 2010
IAG UK-owned broker Barnett & Barnett almost doubled its size to £50m gross written premium, with a move for a controlling stake in Bromley-based commercial and personal lines specialist NBJ.
Schemes news: Markel launches D&O hat trick
Markel International has broadened its appetite in the directors' and officers' (D&O) market with the introduction of three new products.
Editor's comment - December 2010
As our front page shows, the prospect of mandatory commission disclosure appears to be receding. I'm not a broker so I can't really make any truly informed comment on the rights or wrongs of this. However, I'm a journalist and, by extension, nosey.
E-commerce: Powerplace completes '3 As' with Axa addition
Powerplace has secured what it described as the "3 As" after announcing Axa's intention to join its panel of insurers.
Regional review: Way out west
An area that sometimes falls off the radar, Louise Meeson surveys brokers and insurers in Wales and the South West to discover many have been shielded from the worst of the economic crisis.
Product update: SMEs protected from insolvency
Trade credit insurance firm Atradius has launched a policy designed specifically to help protect small to medium-sized enterprises (SME) from unexpected insolvencies impacting their supply chain.
Product update: Sunworld travel disruption
A new product designed to protect travellers against the insolvency of travel agents and tour operators and the disruption caused by increasingly severe weather events, has been launched.
Power hour: Calling in the experts?
This month's debate, with live interaction from Twitter, ascertains what value MGAs bring to brokers' businesses and the wider market. Are they simply another mouth to feed or the specialists that insurers and brokers need to service a diverse client…
Entire Choicequote workforce in redundancy consultation
The entire staff and management team at Choicequote have entered a redundancy consultation period just two and a half years after the broker was bought by Groupama.
Product update: Metals and machinery cover
Aviva has launched two bespoke policies for those working specifically in metals or machinery and equipment.
Allianz responds to calls for South-west presence
Allianz has responded to regional broker demand by launching a mobile underwriting team in the South West.
The interview: Spreading the word
Although officially retired from the industry, Reg Brown remains full of ambition. Liz McMahon talks to the former president of the CII about his community work, formation of the MGAA and, of course, the London Phoenix Orchestra.