Insurer
Defaqto finds only 21% of fully comp motor policies cover ULR
After analysing 223 comprehensive motor insurance policies, Defaqto has found insurers significantly vary in their approach to uninsured loss recovery (ULR).
Esure outsources IT in £26m five year deal
Esure has migrated its IT platforms and hardware away from former joint venture partner, Lloyds Banking Group, through a £26m ‘build and run’ outsourcing contract with Capgemini UK, who will now manage the majority of Esure’s IT infrastructure for the…
QBE wins Towergate property account
QBE has confirmed that it has entered into an agreement to be the insurer for Towergate’s commercial property owners business.
Allianz updates business cover
Allianz Commercial has announced a revamp of its Commercial Select product.
Insurance net exports reach record level
Figures from TheCityUK’s annual report, UK Financial Sector Net Exports, have shown that insurance net exports reached a record £8.3bn in 2009.
ABI appoints new investment committee chairman
Alain Dromer, chief executive of Aviva Investors, is to become the next Investment Committee Chairman of the Association of British Insurers (ABI).
Octagon appoints claims director
Octagon has announced the appointment of Peter Goodright as claims director.
ABI flood defence warning
The Association of British Insurers has warned the coalition government must make investment in flood defences a priority despite the squeeze on spending
APC launches second product in Ireland
APC has launched a new office product specifically designed to cover Ireland’s traditional and home based businesses.
Fears white paper proposal could hamper PMI
The coalition Government's decision to turn its back on its 'preferred provider' policy could pose a threat to the private medical insurance (PMI) industry, according to the Association of Medical Insurance Intermediaries (Amii).
Polly C - the hottest insurance gossip
Since RSA began celebrating its 300th birthday, Polly has attended several of its soirees where its commemorative beer, brewed by Shepherd Neame, has been in copious supply. It was no different when she attended its launch of RSA online at the British…
News review: July 2010
A review of July's industry news.
All quiet on the North-western front?
The healthy competition between its two dominant cities, Manchester and Leeds, makes the North-west insurance market anything but quiet. Martin Friel profiles some of the region's key players
Reportage - specialist products: How practical is it to sell specialist cover on the web?
Making commercial insurance products available online can create efficiencies for customers, brokers and insurers and has proved particularly successful in the standard SME market. Ian Wainwright asks if it is practical to sell specialist cover over the…
Reportage - online security: Storing online data securely
As the world of e-trading moves on apace, the legal obligations of companies that receive, store and disseminate client information can often be forgotten. Liz McMahon examines the responsibilities brokers have in regards to data
Viewpoint: It's PPI payback time
After months of speculation, the letter has arrived. Andrew Welch explores just how hard brokers have been hit by this year's soaring FSCS levy as the FSA claws back cash to cover claims from mis-sold PPI policies.
Power hour: A cooperative coalition?
This month's power hour assesses the impact the Con-Dem Government has already had on insurance and debates how it will continue to influence the industry in the future. Liz McMahon reports.
Interview: Breaking the insurer mould
Groupama sits somewhere in the middle in terms of how it presents itself to brokers - as both a composite and a specialist. Allison Andrews explains to Martin Friel how the insurer's realistic approach maintains a balanced service.
Editor's comment - August 2010
If one good thing has come out of the Financial Services Compensation Scheme (FSCS) levy debacle, it is that brokers have shown there is only so much they can take.
Broker Forum: PPI - possible solution
From the broking.co.uk Broker Forum, July 2010.
Letters: Brokers must invest in e-commerce
Mark Roberts of CGI is right to warn brokers to invest in e-commerce (Insurance Age, July 2010).
Agenda: KIC first half 2010 results and outlook
Letter to president Petrov Arverbeyev, Kazakhstan Insurance Company
Product launches: RSA introduces policy enhancements to fleet active offering
RSA has updated its Fleet Active offering and launched new Small Business Combined (SBC) and Yacht Alliance products.
Insurance industry prepares for Olympics red alert
The insurance industry has been warned to prepare for every eventuality, including a terrorist attack, in the lead up to the Olympics in 2012.