Products round-up: Setting the market in motion

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If summer isn’t quite in the air yet it is definitely on the minds of insurers as cars seem to be the flavour of the month.

ERS lifted the lid on an enhanced offering allowing owners of large classic vehicle collections to insure their prized possessions for up to £50m. Chubb also caught the nostalgia bug as it launched a policy for the owners of older cars that suffer partial damage and a consequent loss of value.

ArgoGlobal had motion in mind too but its attentions were focused squarely on the UK’s commercial drone market. It declared lift-off on Insure4Drones which is an online portal offering click-and-buy

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Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

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