Insurer
QBE set to double commercial property book
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.
NIG raids Zurich for new head of key accounts
Insurer NIG has appointed Chris Woollam as head of key accounts. Reporting to NIG’s director of sales and distribution, Dave Parry (pictured), he will be responsible for developing the key account proposition and distribution strategies and managing the…
MMA reveals new regional team
Broker insurer MMA has named the team that will lead its new regional office in Chelmsford.
Schemes: Semploy Extra boosts trades
Fortis UK has introduced Semploy Extra following a review of its existing Semploy offering - a liability-based product for the self-employed.
Product launches: HSB equipment policy launched
HSB Engineering Insurance has launched an equipment breakdown product that aims to address the green issues faced by businesses, helping them reduce their carbon footprint and gain energy efficiency savings.
Schemes: Allianz Insurance engineers R K Harrison contract win
Allianz Insurance has landed a five-year contract to underwrite wholesale broker R K Harrison's print and engineering schemes as the broker looks to broaden its appetite in the sector.
News review: May
Former insurance broker turned MP, Andrew Stephenson, described being an intermediary under the labour Government as a "nightmare".
Reportage - specialist lines: Freedom of movement
InsureCancer's award-winning approach to providing travel insurance for cancer sufferers is changing perceptions of this sensitive market. Dr Krish Shastri tells Liz McMahon how the company manages to underwrite the majority of cases and about plans to…
Agenda: Travelling on a dodgy passport
The Quinn saga came as no surprise to most of us in the industry. The position at the time of writing is that the UK business of Quinn is in run-off and the Irish parent company is in administration.
E-commerce: MMA products made available on SSP platform
Broker insurer MMA Insurance has made its Master Tradesman and offices and surgeries products available online to brokers via the SSP platform.
Risk management/claims: CLS launches accident management service
Co-operative Legal Services (CLS) has launched a one-call accident management service for brokers and insurers.
Product launches: APC extends niche product
APC has rolled out specialist cover for estate agents and letting agents to its entire agency base.
Competition: World Cup fever
As England, the only home nation to appear at the South Africa World Cup, prepares for kick-off, we are running an accumulator competition in association with Equity Red Star.
Results news: Allianz determined to do away with all loss-making business
Allianz chief executive, Andrew Torrance, has outlined plans to push through rate increases in commercial after admitting that the current level of return was "not terribly attractive".
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
Another round of RBSI cutbacks points to gloomy NIG future
Broker-only insurer NIG could face further cuts following Royal Bank of Scotland Insurance's (RBSI) announcement that it is axing up to 2,000 roles across all of its brands over the coming year.
Health news: Medical database add-on gives brokers PMI edge
Brokers looking to stand out in the private medical insurance (PMI) arena can now offer an add-on product independently from insurers.
Quinn latest: 900 to lose jobs as CEO quits amid takeover rumours
In another tumultuous month for Quinn Insurance, 900 job losses were identified, chief executive, Colin Morgan, quit and the American insurer, Liberty Mutual, expressed an interest in acquiring the company.
News: Contribute to Insurance 360 to receive a free of charge respondents' report
Last summer, Insurance 360 - the sister industry insight unit of Insurance Age, Post and Professional Broking - carried out its first annual Business Insurers Insight Study.
Aviva to restore broker faith with price review and restructure
Aviva has taken steps to try to win back independent intermediaries by shuffling its regional management structure and vowing to improve its personal lines pricing model.
PPI complaints take FOS caseload to new level
The number of Financial Ombudsman Service (FOS) insurance disputes has increased by 38% largely due to a surge in complaints about payment protection insurance (PPI).
News: Quinn saga highlights 'chicken letter' risks
Brokers have been warned against relying too heavily on disclaimers to protect themselves from breaching their duty of care, in light of the recent Quinn scare.
News: QBE ambitions realised
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.