News
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…
E-commerce: Crashing hardware is top business continuity risk
Hardware failure remains the top business continuity risk for UK companies, according to research conducted by Sungard Availability Services.
E-commerce: LFC Shield plans to double broker base with online quote system
Underwriting agency LFC Shield has launched a new online commercial business quote system, which it hopes will help double its broker base to 400 over the coming year.
E-commerce: Brokers urged to prepare for increase in mobile web access
The insurance industry has been urged to invest in e-commerce as mobile phones are predicted to overtake PCs as the dominant web access device within three years.
E-commerce: Non-intermediaries set to muscle in on micro market
Brokers that fail to embrace technology-savvy trading risk losing their majority share of the micro commercial market.
Competition: All is not lost
As World Cup fever cools and England mourns yet another crushing defeat, there is still a chance for you to walk away with something more than a heavy heart by taking part in the accumulator competition we are running in association with Equity Red Star
Garwyn product to improve claims defence chances
Brokers could utilise a new review service from Garwyn that aims to save businesses significant sums in compensation and cut the risk of health and safety prosecutions.
Risk management/claims: Stress on a par with accidents in hindering productivity at work
Four out of five (79%) European managers are concerned about work-related stress - making it as important a productivity problem as workplace accidents.
Risk management/claims: South West dominates safest place to rent list
The south west of England experiences the lowest levels of rented accommodation burglary, according to new research by Endsleigh Let.
Schemes news: Multinational cover from Ace
Ace UK has introduced a multinational cover in order to address the compliance challenges faced by companies operating in multiple regulatory regimes.
Schemes news: Trade Protector Plus launched
Evolution Underwriting has launched a fully auto-rated tradesman liability product Trade Protector Plus, underwritten by Groupama Insurance, on its Stingray trading platform.
Product launches: NIG revamps packaged suite
NIG has relaunched its package products suite within its NIG Network broker system, with revamped offerings, a new professionals solution and an improved quote system that aims to generate more competitive pricing.
Product launches: Aviva reviews policy wording
Aviva has enhanced its commercial policy documentation to extend the cover and make it more broker friendly.
Schemes news: JLT gives leg up onto property ladder
Jardine Lloyd Thompson (JLT) has announced the launch of a "groundbreaking" new scheme designed to increase mortgage lending to first-time buyers of Bovis Homes properties.
Scheme news: Recent product launches home in on over-50s sector
Recent product enhancements and launches indicate industry appetite in the over-50s sector is increasing.
Second Insurance 360 insight study about to kick off
This summer, Insurance 360 - Insurance Age's sister industry insight unit - is conducting its second annual study of commercial insurers' performance on service to their brokers.
Talent search is trigger for top staff moving roles in industry
The corporate merry-go-round at the top of the country's insurers is being driven by the need to secure 'top talent' in an attempt to stave off the worst effects of the recession.
Rate increases stifled by 'fragile' global economy
Commercial rates remained flat during the first quarter of 2010, according to global professional services company Towers Watson.
Flurry of broker buys completed before CGT hikes come into play
A raft of broker acquisitions were completed before the rise in Capital Gains Tax (CGT) came into force.
Moorhouse launches first start-up
Moorhouse Group chairman, Lyndon Wood, claimed that Moorhouse Enterprise gave brokers the flexibility networks lacked as he announced the launch of its first business.
Brokers banned by FSA for mishandling clients' money
The Financial Services Authority (FSA) has banned two broker directors - Delwyn Way of Shield Insurance Consultancy and Adrian Shillaker of Griffiths McAlister Insurance Brokers - for failing to adequately protect clients' money and assets.
L&G creditor product launch to bolster its top five ambitions
Legal & General (L&G) has stated its ambition to become a top five personal lines player as it unveiled plans for a new creditor product for brokers.