Products
Products: October 2022
Product launches including cover for electric vehicles, carbon credit insurance, the media and entertainment sector and private clients.
Beazley teams up with fintech provider to expand broker schemes
Beazley plans to expand its schemes business with brokers using a fintech platform.
Focus joins forces with NIG to launch contractors liability facility
Specialist construction managing general agent Focus has teamed up with NIG to launch a contractors liability facility designed especially for smaller contractors.
Aviva strikes £100m-per-year capacity deal with Pen Underwriting
Pen Underwriting has announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’ business, which will see Aviva providing capacity for over £100m in premium per annum.
Commercial Express rolls out PL excess of loss cover
Commercial Express has launched public and product liability excess of loss cover aimed at SMEs with turnover of less than £15m, and separately revealed a new partnership with Brit.
Ex First Central UK CEO Andy James launches motor provider Zixty
Andy James, previously UK CEO at First Central, has launched app-based motor insurance provider Zixty.
Aviva backs Lemonade in UK launch
US insurtech Lemonade has launched in the UK with a contents insurance offering in partnership with Aviva.
Aviva to open up HNW distribution to regional brokers in 2023
Aviva will be targeting additional high net worth underwriting capacity next year at regional independent brokers who “tend to have a handful of cases”, Gareth Hemming, managing director of UKGI distribution & SME has told Insurance Age.
NBS Underwriting targets the third sector with combined package product launch
NBS Underwriting has rolled out its combined package product, Community Enterprise, and revealed a capacity deal with Axa on non-standard household policies.
Blog: Partnership builds the resilience brokers need to navigate a challenging world
A recent Close Brothers Premium Finance survey highlighted a host of new issues brokers are facing that did not exist two years ago. To improve resilience in the face of these challenges Seán Kemple, managing director of premium finance, argues…
MGA Spring Insure enters the commercial PI market with McManus hire
Spring Insure, the specialist financial and professional lines managing general agent, has appointed Paula McManus as senior professional indemnity underwriter effective 3 October 2022, Insurance Age can reveal.
Aviva launches standalone cover for electric vehicle charging points
Aviva has launched standalone insurance products covering electric vehicle charging points aimed at installers and operators.
Howden claims "world-first" with voluntary carbon credit insurance launch
Howden has launched a voluntary carbon credit insurance product designed to give buyers and sellers of high-quality, verified carbon credits greater certainty.
Markel launches media and entertainment product
Markel International has unveiled a new media and entertainment policy designed as a cross-class liability product.
Coalition’s broker-only cyber offering goes live
San Francisco-headquartered cyber insurance provider Coalition has begun trading in the UK.
Biba encourages brokers to use its flood directory
The British Insurance Brokers’ Association has encouraged brokers to use its flood directory to ensure eligible households that are denied flood cover can still be offered it.
Iprism integrates with Acturis
Managing general agent Iprism has added its tradesman, contractors and professionals product to the Acturis trading platform.
Ecclesiastical adds to HNW offering
Specialist insurer Ecclesiastical has launched a new enhanced Art and Private Client policy to the market.
Advertorial: What’s on insurers’ minds for law firms?
While 2020/21 saw law firms juggling competing needs to serve clients, in 2022 there has been a clear movement towards firms placing renewed focus on their people. It’s now more important than ever for brokers to ensure that their clients are…
Urban Jungle expands into motor insurance
Insurtech Urban Jungle has launched its new car insurance service which offers both home and car cover.
Markel adapts charity and community groups product
Markel has doubled the income threshold at which charities and community groups can access its cover via its eTrade facility from £1m to £2m.
NuVenture launches product recall MGA
NuVenture International has launched its third managing general agent, product recall insurance specialist BluNiche.
Spring launches SME cyber cover
Spring Insure has launched a commercial cyber offering tailored for small and medium sized enterprises.
First Underwriting launches real estate product range
First Underwriting has added real estate expertise to its team and launched real estate product lines as it seeks to expand from its core motor proposition.