Products
Hiscox report shows cyber attacks are on the up
Attacks increase on businesses with SMEs a target but more firms are now willing to consider cyber cover.
Biba selects Magenta for Escape of Water scheme
The scheme offers Waterlock technology and is supported by an app.
Construction and engineering facing “capacity blackspots”
Mactavish report claims that insurance companies are reluctant to underwrite the risks in some sectors as market faces “unprecedented” tightening.
Cyber MGA start-up Bewica targets brokers with portal launch and API offering
Cyber specialist managing general agent Bewica is targeting brokers with a suite of tools including risk assessment and reporting tool
InsurTech Futures: CFC launches UK digital health insurance product
Specialist provider has created a health and technology underwriting team to work on the policy.
Saga says renewal pricing strategy change “aligned with FCA goal”
The provider announced yesterday that it will offer three year fixed price insurance to customers as it seeks to increase loyalty and arrest profit downturn.
GRP-owned EPUL reveals unorthodox property risks product
The commercial property MGA said the package of covers includes liabilities involved with irregular construction or unusual occupations.
Beazley adds cyber and management liability products to broker platform
Policies are aimed at UK companies with a turnover of up to £350m.
Fiducia unveils combined liability product
MGA says policy can offer over 500 trades, including builders and engineers, access to a wide range of covers.
Cyber row continues as ABI responds to Mactavish
ABI director general Huw Evans says Mactavish has “fundamentally misinterpreted” how cyber products are provided, after the insurance governance expert called on the industry for a guarantee that eight particular policy flaws won’t be used as reasons for…
JLT Specialty launches real estate cyber product
Product will include business interruption and privacy related exposures that have resulted from a cyber attack.
Ecclesiastical adds cyber to its Art and Private Client policy
The insurer has updated the policy to include standard cyber cover and cyber-crime and cyber online liability as additional covers.
Legal & General unveils tech solution for brokers
The provider claimed that SmartQuote uses big data to find home insurance quotes in as little as one question if the broker knows the client.
Mactavish lays down the gauntlet on cyber
The insurance governance expert has called on brokers and insurers for a guarantee that eight particular policy flaws won’t be used as reasons for claims refusals after scaremongering row.
Beazley updates cyber policies
Insurer simplifies cyber policies and gives large organisations access to its in-house breach response team.
CFC unveils pollution liability product suite
Policies cover risks including environmental and natural resource damage and is available to SMEs and contractors.
Sector criticised for approach to sharing economy
Report outlines the insurance risks for customers active in hosting AirBnb guests due to gaps in cover.
Product review: Made for management
Seaway Insurance Consultants' Chris Howell reviews Axa Insurance's Management Liability online product
HSB unveils construction products on Acturis
Provider claims first to go live on the Acturis e-trading platform with stand-alone construction products available to brokers.
GRP-owned EPUL adds non-damage BI cover to terrorism product
Move follows Pool Re’s extension of its cover to include non-damage business interruption.
QBE launches Business Combined product on Open GI
The policy is now accessible for brokers on the Powerplace and Mobius platforms.
Ascent adds physical damage to cyber product
Product is backed by Munich Re and designed for businesses of all sizes.
Candles, craft, coffee and cover - how one broker is mixing it up to make a mark
Dr John Mitchell speaks to Jonathan Swift about his venture Wessex Business Services, an insurance broker – although not in name - with quite a few interesting side lines from scented candles to hot desking spaces.
NIG develops Brexit stock cover extension
It has been added to a number of lines following reports about companies increasing the level of stock-piling to prepare for the UK leaving the EU.