Personal
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.
More Than looks to Rias for new MD
More Than has announced the appointment of Janet Connor as its new managing director.
Further law firms announce merger plans
The partners of Clyde & Co and Barlow Lyde & Gilbert (BLG) have voted for a merger between the two law firms.
Insurer claims industry first with mobile payment cover
Insurance2go.co.uk has said its policy covering mobile phone payment technology fraud is the first of its kind.
Products: Pruhealth in final stages of SLH product integration
Pruhealth has vowed to take a leadership position in terms of differential commission as it approaches the final stage of its product integration following its acquisition of Standard Life Health (SLH).
Product roundup: It’s a Standard Life for the man from the Pru
The finish line is now visible for the much discussed integration of Standard Life Health into Pruhealth, following its acquisition last year. The insurer has taken the move as an opportunity to adopt what it calls a leadership stance on differential…
Market moves: Underwriting boost and a nod to brokers
An interesting month saw ongoing developments on commercial business with personal lines remaining steadfastly silent. Insurers looked to boost their underwriting and pricing capabilities while keen to highlight they were reaching out to brokers. Axa…
Bean Counters 1, Consumers 0
A bad personal claims experience leads Nigel Dyer to question how some insurers achieve their loss ratios
Slow down in car insurance price rises
The average price of a comprehensive car insurance policy rose by 2.7% in the second quarter of 2011, according to the Confused.com and Towers Watson Car Insurance Price Index.
Swinton snaps up Westinsure broker
Swinton Group has opened its 34th commercial office with the acquisition of the Brunsdon Westinsure account.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall in front of 1800 fellow industry professionals.
Two insurance brokers banned by FSA
The Financial Services Authority (FSA) has banned two insurance brokers, Andrew Porter and Alexander Brincat, from working in the financial services industry and withdrawn the permissions of Mr Brincat’s insurance firm Wise Owl Services.
Homecall Plus rescued from liquidation
After being placed into compulsory liquidation in May this year, Homecall Plus has been bought by a 21 year old female entrepreneur from Wigan.
Editor’s letter – July 2011
“As a broker, it must be pretty galling to see a small desert rodent with a ridiculous accent representing an industry that is worth billions”
How to… Present a scheme
In a nutshell ▶ Brokers must demonstrate they understand the sector and the opportunities it presents ▶ Provide solid evidence of their capabilities for marketing and administration and ideally evidence of other schemes’ successes ▶ Explain how the…
Balance of power
While many brokers believe commercial will outperform personal over the next year, insurers are still investing in personal lines.
Review: Help the aged
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Profile: Like father, like son
The family team in charge at MCE are channeling their boundless energy into a new network, writes Liz McMahon.
Market moves: Aviva moves fuel the rumour mill
Like a moth to a flame, broker attention this month has been grabbed by Aviva. The decision of Mark Hodges to move to Towergate has set the rumour mill into overdrive as to why exactly he took the leap. Meanwhile his replacement as Aviva’s chief…
Trade in Dagenham
Emmanuel Kenning meets motor-caravan specialist broker Peter Cue, managing director of Victor Millwell, who believes his white label online offering will smash the £10m premium barrier
Reportage: This time it’s personal
Personal lines is not a market in which you would expect to find brokers thriving, but the big budget aggregators and direct writers are not getting it all their own way, writes Edward Murray.
Cleaning up the wreckage
By adding value and flexibility to the claims process, we can help to repair the image of the motor sector, says Paul Hoyle
Insurance Age blog: What did you have for breakfast today?
I'm going to tell you something you don't know about me. Happy Gilmore is one of my all time favourite films. There are a variety of reasons why this is the case but one particular exchange never fails to make me chuckle.
What's your Big Idea for personal lines?
As our competition to find the next Big Idea in personal lines moves into its second month, MD of intermediary and partnership sales for Axa Personal Lines, Mike Keating, talks about his hopes for the initiative.