Add ons
Alps boosts add-ons product suite
Managing general agent Alps has launched commercial excess protection.
Alps teams up with Fortega on GAP sales
Fortegra Europe Insurance has partnered with Alps for the distribution of Guaranteed Asset Protection insurance.
FCA warns it might repeat GAP intervention in other product sectors
The Financial Conduct Authority has said that it might need to repeat the intervention it has taken in the guaranteed asset protection [GAP] market in other sectors.
Alps partners with AmTrust on motor book
Add-on insurance provider Alps has moved its entire motor book, under a full delegated authority agreement, to AmTrust International.
Coplus rolls out product development platform
Coplus has targeted brokers as it launched a go-to-market platform claiming it cuts the time needed to develop ancillary products to three months.
iRevolution announces launch of add-ons and claims businesses
Motor specialist iRevolution has developed a claims proposition and an operation to enable partner brokers sell add on products directly.
InsurTech launches LEI business risk protection product
InsurTech Futures: Epoq Legal has made the add-on, which is designed for SMEs, available across the broker market.
Brexit and customer fairness dominate FCA 2019/20 plans
The regulator’s Business Plan revealed a focus on “fair treatment for existing customers” amid dual pricing investigation and warned orderly transition post-Brexit is an “immediate priority”.
1 Answer’s Paul Muir launches add-on company
The business is separate from 1 Answer and Muir advised that it will work with brokers to white-label products and develop bespoke propositions.
N Brown faces £40m bill after insurance product flaw
Fashion brand says this follows review prompted by the FCA's crackdown on add-ons.
Alps launches van bundle product
Van Driver Plus is a combination of three current products Auto Replace, Tools in Transit and Sole Trader Legal expenses.
Una survey shows consumers are influenced by add-ons
Organisation says 70% reported they could be influenced by add-ons, despite the FCA banning opt-out methods of selling in April this year.
Nova partners with Building Block on Gap insurance
Insurer claims the deal will deliver more choice for customers.
Deloitte: Competition and FinTech among top issues to impact industry in 2016
Deloitte predicts regulatory initiatives around GI add-ons, Solvency II and technology will impact the insurance sector next year.
Lawshield talks on add-ons
Lawshield MD Ken Specter tackles the issues faced by brokers when adding ancillary products.
FCA moves the goalposts over add-ons
Brokers express surprise and concern over regulator’s unexpectedly wide definition of add-ons
Opinion: A deceptive title to a dangerous document?
Create Solutions' Mike Cranny on the implications of a little-read FCA discussion paper
FCA proposes to ban opt-out selling
Regulator to abolish opt-out selling following study into the general insurance add-ons industry.
Paper mountain of regulation for brokers
Whether or not you agree that protected no claims bonuses are an add-on, if implemented it means a lot more paper work for brokers, says William Hughes
CMA publishes final report on motor market
Authority cracks down on aggregators, but cannot see remedy for problem of post-accident services costs.
ALPS launches new broker-only tools in transit product
Provider has teamed up with Ageas to create broker-exclusive policy.