Aggregators
Schemes: Scheme boom to drive down rates
Commercial affinity schemes are growing in popularity but increased competition could have a detrimental impact on rates.
Coverzones bought out of administration
Coverzones’ assets have been bought out of administration by its management team, supported by an unnamed major private investor.
Coverzones ceases trading
In a statement on its website, Coverzones, the online business insurance price comparison and policy management firm said: “This site is closed and Coverzones is not accepting any new business.”
Helping yourself
Anne Hudson outlines the benefits of commercial insurance e-trading and urges brokers to embrace web self-service or risk being left on the shelf
Regional power hour – Glasgow : The e-factor
This month's regional power hour, sponsored by Ecclesiastical, asks what impact e-trading has had on the market and what concerns exist regarding its future. Liz McMahon reports.
Your letters: A counter-productive strategy
Broking companies that use zero or minus commission rates to make premiums competitive are undermining the sustainability of the insurance broker market.
E-commerce: Internet rules UK personal lines distribution market
The internet is fast becoming the "only" way to purchase personal lines insurance in the UK as online customers become less loyal and more price sensitive, according to a recent consumer survey.
Car insurance premiums have stalled in Q1, says AA
The latest AA Insurance British Insurance Premium Index shows that car insurance premiums have stalled during the first quarter of 2010.
Open GI reaches two million aggregator quotes a day level
Technology company Open GI has announced that it seen aggregator quotes rise to two million a day.
Junction snaps up Bradford & Bingley's motor and home insurance business
Junction, the affinity specialist intermediary, has announced its acquisition of Bradford & Bingley’s motor and home insurance business.
OpenGI grows aggregator panel
Moneyexpert.com is the latest comparison site to join Open GI’s e-aggregator panel, bringing the total number to 15.
Online insurance customers less loyal and more price sensitive, according to research
In the UK 63% of consumers have purchased motor insurance online, 45% home insurance and 23% life assurance, according to research from Accenture.
Aggregator market set to shrink, claims Beachcroft
According to solicitors Beachcroft, the aggregator market will either dissolve or consolidate within three years and consumers will have the choice of only a "handful of aggregators".
Focus: Promoting brokers online
Many brokers are still reluctant to dip their toes in the digital waters to market themselves, yet it can be more cost-effective than traditional methods writes Darren Davidson
Specialist website reaches out to previously blacklisted users
Specialist brokers have banded together to launch a new website designed to provide insurance for the millions of people who can't secure cover, which they claim is one in four of the population.
Confused boosts motor insurance panel
Nationwide has joined Confused.com's panel of motor insurance providers.
Gio Compario ups aggregator's traffic
Go Compare's latest advertising campaign featuring opera singer Wynne Evans who plays a fictional tenor called Gio Compario is working.
The PB Interview: View from the rock
Markerstudy was the first insurer to underwrite in the UK from Gibraltar, courting inevitable controversy. Andrew Tjaardstra meets group underwriting director Gary Humphreys to discover its success in becoming a major player in the broking and…
Over two-thirds start insurance search on comparison websites
New research from Global Reviews, the customer experience benchmarking company, has found that over two thirds (70%) of people now start their searches for insurance on a comparison website.
KPMG predicts reduction in "broker-friendly" personalities
Mark Winlow, UK head of general insurance at KPMG, says new personalities will change the character of the market in 2010
View from the Top - aggregators
How are aggregators shaping the industry and how sustainable are their models? Three insurance leaders, including Peter Graham, managing director, GI, Legal & General, discuss this in View from the Top.
Consumers swamped by aggregrator overload
Defaqto report report predicts 'aggregator crunch'
Confused overtakes Moneysupermarket as most visited site, says EMB
Research shows Comparethemarket's popularity has increased due to its Meerkat adverts
Aggregators cause too much confusion for consumers, says Defaqto
Mike Powell, insight analyst for general insurance at Defaqto, predicts an "aggregator crunch" in next two years