Products
Introducing the Schemes Masterclass
Insurance Age is delighted to announce the first in its new masterclass series - how to identify, pitch and maintain a scheme.
Review: online business
Optima Business Plan. 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
Products: industry refocuses on online product offerings
Both ends of the broker product flow have seen a refocusing on websites to grow business in the new year. Connoisseur Underwriting, an MGA focused on antique and fine art dealers, auctioneers and collectors, has revamped its website with online product…
Products: Chubb launches cyber security product
Chubb has launched a new cyber security insurance product for companies in Europe that own or control confidential, personal, sensitive financial information or private health data. It is also targeted at companies that transact business via the internet.
Products: broker feedback drives changes to Allianz motor trade policies
Allianz Commercial has revamped its motor trade policies following, it said, feedback from brokers.
Products roundup: new year, new technology
The new year has blasted off with insurance once again looking to the technological future. Chubb has unveiled a cyber security insurance product for companies in Europe to cover financial losses in the event of a data breach.
Products: Dual Corporate Risks launches fraud product
Dual Corporate Risks has launched Management Liability Plus designed to protect privately-owned companies, their directors, company pension funds and trustees from claims and losses incurred as a result of internal fraud.
Schemes: Rural rides high with horse scheme
Rural Insurance and broker UK Insurance Solutions have teamed up for the launch of the provider’s first equine delegated authority scheme.
Products: Biba switches its high net worth scheme provider
The British Insurance Brokers’ Association (Biba) has replaced Sterling with Aqua as the provider of its high net worth (HNW) scheme for members from 1 February 2012.
Products: Product protects against data theft by employees
A new product that could detect employees accessing and distributing sensitive company data has been launched.
Product roundup: ‘Tis the season to tackle cyber crime
While it may seem incongruous to raise such matters in the season of goodwill, this month’s products and schemes pages are dominated by cyber crime, fraud, litigation and a change at Biba’s oldest scheme as the association dispensed with Sterling’s…
Products: Travelers launches commercial cover specifically for the plastics industry
Travelers has launched a new insurance product for the plastics industry providing a range of commercial covers including property damage, business interruption, employers’ liability, public and products liability and professional indemnity. The insurer…
Products: Groupama adds cleaning to its Exclusively range
Groupama has released Exclusively Cleaning, the third niche commercial product in the range following the launch of Exclusively Recruitment and Exclusively Security.
How to… ensure scheme claims run smoothly
Members of a scheme often communicate with each other and share their experiences on all manner of subjects – including insurance. And so the well-worn saying that a claims service is the “shop window” for the insurance industry has never been truer than…
Products: Willis offers hotels cover against loss of reputation
Willis has teamed up with Lloyd’s of London underwriter Kiln to create Hotel Reputation Protection 2.0, a new policy designed to limit the financial fallout from negative public relations exposure for hotels.
Products: Aviva launches product to cover multiple cars
Aviva has launched MultiCar a new motor product that can cover up to five vehicles for families living under the same roof. Business vehicles can also be included provided they are all registered at the same business address.
Product roundup: Cleaning up in a commercial niche
Groupama is aiming to sweep up business in the cleaning world, an industry it believes has a turnover of £5.3bn a year. The latest addition to its Exclusively range, which is available for open market trading, allows brokers to flex their commission…
Products: Schemes brokers chase commission, study shows
Research by MMA has found that brokers have been diligently undertaking schemes work with insurers although there were variations in uptake both by size and across the country. It also discovered that the most common time to retender a scheme was every…
Products: F&R unveils oil-fired heating scheme
Grantham-based F&R Associates has unveiled a home emergency scheme for oil-fired central heating systems to be sold under its Cover My Business brand.
Products: Oxygen launches cover for home-working therapists
Oxygen Insurance Brokers has launched an exclusive home insurance scheme for psychological professionals in the UK who see clients at home.
Product roundup: MMA reveals home truths about retendering
MMA’s research into brokers and schemes makes for interesting reading, revealing as it does that brokers’ main reason for changing the holding insurer of a scheme is the promise of more commission. The study also reveals that the most frequent time to…
Products: UK General broadens tradesman product
UK General has been celebrating the signing of a new capacity deal with MMA to broaden its tradesman’s liability offering. The development is the latest step in the company’s strategy of growing its commercial product set following its capacity deal in…
Products: Central Insurance offers new charity policy
Central Insurance has joined forces with Hiscox to launch a new charity policy. It is the first tie-up between the Aberdeen-based broker and the specialist insurer in a move the two claimed was designed to meet the entire spectrum of insurance needs for…
Products: Focus groups lead Exeter Family Friendly to PMI plan
Exeter Family Friendly has unveiled the fruits of its series of focus groups with private medical insurance (PMI) intermediaries dating back to 2010 – a new modular PMI plan named Health Choices for Me.