News
Insurance companies best of a bad bunch in FSA's complaints framework
Only 51% of insurance companies have nominated an executive responsible for complaints according to research for software firm, Charter UK.
Amlin teams up with BJP to launch GP scheme
Amlin UK, in conjunction with insurance broker BJP, has launched a new scheme dedicated to providing Employers’ and Public Liability (PL) cover to GP surgeries in the UK.
Nationwide enters short term IP market
Nationwide has become the latest provider to launch a short term income protection (IP) product as an alternative to payment protection insurance (PPI).
CCV director takes on legal head role at Towergate
Towergate Insurance has appointed Sam Clark to the role of head of legal and secretariat.
Network Spotlight day 10: Momentum’s Pepper warns networks
Howard Pepper, managing director of Momentum, tells the audience that networks need to provide a much broader range of support services to their members in his interview for day 10 of the Network Spotlight series.
Zurich extends claim notification period to 30 days
Zurich has increased its notification period for property insurance policyholders from seven to 30 days, where a condition exists on policies for the reporting of riot claims.
Torrance says legal protection business must change
Allianz UK’s chief executive, Andrew Torrance, has confirmed that the insurer’s legal protection business will have to change “significantly” as he reported flat profit levels in the first half of the year despite a £50m increase in gross written…
Insurance Age blog: Why can't banks leave insurance to the experts?
Personally I am quite grateful to banks and the practice of conditional lending. If banks hadn't been doing this and luring small commercial clients away from brokers then I wouldn't have written a story late last year exposing the whole grubby little…
Network Spotlight day nine: Network members aren't independent, says Wood
Mark Wood, managing director at UKGI, claims in his interview for Network Spotlight that many brokers have seen through networks.
Banks' "immoral" conditional lending still alive and well
Banks are still abusing their position by placing undue pressure on SMEs to use their preferred intermediaries, according to the broking community.
Axa Assistance appoints new motor director
Axa Assistance UK has announced that Richard Ware has been appointed director and deputy motor general manager.
Reid to take advantage of Axa parentage to push for growth
Bluefin CEO Stuart Reid has said the broker will become a much more fundamental part of Axa Commercial, as part of the new strategy.
Blanc sets record GWP target
Amanda Blanc has vowed to surpass Axa Commercial's gross written premium (GWP)record by writing £1.2bn worth of business by 2015.
PM agrees to extend claim period and says that Riot Act stands
Prime Minister David Cameron has announced that the Riot Act police compensation schemes will operate as normal and has extended to the maximum of 42 days the amount of time claims can be made under the scheme.
Network Spotlight day eight: Truman says Cobra’s model is sustainable
David Truman, director at Cobra Network, is the eighth guest in the Network Spotlight series and says he expects to see a number of brokers investigating how to improve their bottom line through the network over the next 12 months.
Innovation Group wins £40m claims contract with RBSI
Innovation Group has signed a £40m contract with RBS Insurance (RBSI) to handle its subsidence claims.
Aviva fraudster jailed after pocketing staff bonuses
The head of key accounts management at Aviva’s York offices has been jailed for expenses fraud.
Invicta continues on acquisition trail with latest broker buy
Invicta Insurance Services is set to complete its latest acquisition with the purchase of the entire general insurance portfolio of Suffolk-based Wordsmith Insurance Services.
New Sterling cover for the antique Connoisseur
Sterling Insurance has entered into a partnership with Connoisseur Policies to provide specialist cover for antique dealers, art dealers and auctioneers.
Riots may force retailers to take insurance in-house
The riots that have plagued the UK since Saturday may force retailers that have suffered major losses to form their own in-house insurance companies.
Brit warns brokers to stick to current claims notification deadlines
Brit Insurance has issued a reminder to its brokers of the need for policyholders to comply with policy requirements in relation to the notification of claims.
Ten broking director out - will not be replaced
Ten broking director, Elliot Arnold, is to leave the company at the end of August and the network will not replace him or maintain the role, Insurance Age has learnt.
Travelers Insurance pulls out of Irish private motor market
Travelers has announced that it is to exit the Irish private motor market as of 1 October 2011.
Cost of riots unlikely to affect market rates
Fitch Ratings has predicted that the losses from the recent rioting across the UK will have no impact on UK insurers' ratings.