News
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.
Leaked Brit takeover offer sparks FSA investigation
The Financial Services Authority (FSA) has launched an investigation into the private equity bid for Brit Insurance after details of the approach were leaked before the stock exchange was informed.
Con-Dem health and safety review branded 'waste of time'
Andrew Wigmore, policy director of the Claims Standards Council (CSC) has slammed the Government's health and safety review as a rehash of the Jackson review and a "waste of time, effort and money".
Fusion founders unveil new risk venture with support from Aspen
Regional brokers will be targeted by a new managing general agent (MGA) led by Fusion founders Kevin Pallett and Geoff Crisp.
Endorphin launch backs SMEs with consolidator alternative
Layton Blackham founder, Chris Blackham, has formed a boutique investment house to offer brokers a "realistic financial alternative to the consolidator route".
Broker start-ups face tough time ahead due to lack of faith
Broker start-ups face a tough start after new research revealed that nearly one in 10 companies will avoid trading with a business if it is less than a year old.
Hastings Direct in no rush to roll out branch network
Hastings Direct has denied speculation that its branch network plans have been shelved following continued delays to the project.
Acturis teams up with Summit Partners for European focus
Acturis has sold a minority stake in the company to 'growth equity' firm, Summit Partners, as it embarks on a European expansion strategy.
Industry divided over repercussions of rising IPT
The increase in Insurance Premium Tax (IPT) announced in the Government's emergency Budget has met with mixed reactions.
Two FSA heads jump ship following plans to reform
The Financial Services Authority (FSA) has been hit by two senior resignations as the coalition Government announced its plans to reform the regulatory system in the UK.
Halliwells in takeover talks amid cash crisis
Halliwells, the insurance litigation specialist, has confirmed it is in talks to sell the business after filing a notice to the courts of its intention to appoint an administrator.
Uncertainty for aggregator as CEO position remains vacant
Tesco Compare has refused to confirm whether it will fill its vacant chief executive position and has hinted that the site, which was heralded to become a top aggregator, may be marketed solely to the supermarket's customers in the future.
Light at the end of the FSCS levy tunnel?
It remains unclear whether brokers left reeling by huge increases in the Financial Services Compensation Scheme will be able to seek a retrospective reduction from the regulator.