Insurer
Confusion on UK IPT increase
Tax compliance services firm, TMF Group, has highlighted the market confusion surrounding HMRC’s policy following the Budget announcement of an increase in IPT to 6%.
L&G creates insurance sales and marketing role
Legal & General has announced the appointment of Gary Pickering to the new role of sales & marketing director for its general insurance business.
DAS confirms Canadian launch date
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company , will start writing business in Ontario on 5 July, followed later this summer in Alberta and British Columbia.
Aviva targets technology market
Aviva has made a number of changes to its commercial combined policies in a bid to better meet the needs of customers within the technology sector.
RSA launches small business combined and yacht covers
RSA has launched a new multi-cover small business combined (SBC) product as well as a new policy for yachts.
Fortis buys Kwik Fit insurance business
Kwik Fit has announced that it has entered into a binding agreement to sell its UK insurance business to Fortis for £215m in cash.
Equity World Cup competition – week four: It’s all over for England
Following four unconvincing performances by England’s football team, it was down to old foes Germany to put the national squad out of its misery.
AMII calls for cancellation of IPT rise on medical insurance
At its annual conference on 1 July the Association of Medical Insurance Intermediaries slammed the 1% rise in insurance premium tax from 5% to 6% on medical insurance announced in last week’s Budget.
Dual moves into property and casualty market
Dual Corporate Risks has launched a new property and casualty division with initial capacity to be provided by Amlin.
Insurance workers top list of stressed professions
Insurance workers are more stressed out than workers from any other profession, a new survey has revealed.
Markel International refocuses property business
Markel International has reorganised its property division by splitting the current non-marine property division along sector lines.
Jubilee appoints new head of motor
Specialist Lloyd’s insurer, Jubilee Managing Agency, has appointed John Shepherd as head of motor at Jubilee Syndicate 5820. He replaces Julian Cashen who has left the business.
Glacier to be renamed following its acquisition
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.
Polly C
Polly loves a divisive figure and, quite frankly, the insurance industry could do with more of them. There is no denying that the now infamous Gio Compario is the aggregators' answer to Marmite and Polly was pleased to learn that the gregarious tenor had…
News review: June 2010
Online marketplace Ebay was poised to seek a raft of insurance partners as it geared up to launch a financial services offering. Insurance Age's sister title Post learnt that Ebay agreed a partnership with Staffordshire-based intermediary Autonet to help…
Third Parties Act 2010: Ending the uncertainty
After a wait of 80 years, the Third Parties Act has finally been reformed. Nicola Billen looks at the problems with the original and how the new Act shapes up.
Budget marketing: Marketing on a shoestring
Raising your company profile and engaging people within the business doesn't have to cost the earth. Anne Hudson provides tips on how to get the most from your marketing without blowing the budget
Reportage: Sole searching
The recession has led to an increase in sole traders and with such an array to cater for, insurers are struggling to meet their needs. Louise Meeson explores how brokers can identify and service these micro businesses
Reportage - SME aggregators: See you later, aggregator?
As issues of trading SME business through the aggregator channel are brought to light, Edward Murray asks whether it is too complex a sector to ever be successfully sold in bulk.
Reportage - composite v specialist: From the tiny ant to the elephant
When it comes to SME business, are the smaller, niche providers naturally a better fit or does the scale and clout of the composites count the most in this market? Martin Friel asks how much size really matters.
Viewpoint: Principles versus PC
Tony Bridgland wrote a long-running satirical column in Insurance Age from 1992, firing barbed broadsides at insurers and regulators alike and, for seven years, was the insurance watchdog for the Sun newspaper. Now he comes out of semi-retirement to put…
Regional power hour - Bristol: When it rains, it pours
This month's power hour, sponsored by Ecclesiastical and held in Bristol, looks at the growing impact of climate change on the industry - particularly that of flooding. Martin Friel reports.
Your letters: Misfuelling misinformation
I have to take issue with Peter Powell, managing director of Complectus on the subject of misfuelling.
Agenda: Pricing strategies
The UK commercial insurance market is worth about £15bn and there has been little change in its overall size since 2002. In 2001-2002, the market increased by 75% reversing years of losses into a platform for a long period of profitability. In the…