Product
Blog: Surety Bonds support construction clients through challenging times
Factors such as higher inflation, fluctuating interest rates, and labour shortages, mean the construction sector faces ongoing challenges. Hannah Sewell-Moore, surety manager, Kerry London, explains how a wholesale surety bonds broker can support these…
Rokstone launches contingency portfolio
Managing general agent Rokstone is launching a contingency portfolio promising a same-day quote turnaround for brokers.
Prestige teams with Open GI on Coverall update
Prestige Underwriting has partnered with Open GI to launch a refreshed version of its non-standard home proposition, Coverall.
Tesco enters non-standard home with Prestige partnership
Tesco Bank has moved to offer non-standard home insurance to customers via a partnership with Prestige Underwriting.
C-Quence launches real estate product and ‘drag & drop’ automated submission reader
Managing general agent C-Quence has launched a real estate product for the property owners market, and unveiled a ‘drag & drop’ automated submission reader.
MGA Moveda goes live to broker market
Moveda Underwriting, a managing general agent set up by the Movo Partnership in May, has gone live to the independent broking sector with capacity from AmTrust and Irwell.
Cliverton plans to double business – again – in five years
Cliverton is aiming to double the size of the business in the next five years, having achieved the same feat in the past five years, according to Lynne Fisher, associate director at the Norfolk-based broker.
Insurers twitchy on pest controller insurance
As bed bugs infiltrated headlines across the UK last month, publicity for the pest control sector spread alongside them.
CFC extends cyber cover for professional services firms
Cyber insurance provider CFC has upgraded its packaged insurance policies for professional services businesses in a move it claimed could be a “game changer” for SMEs that cannot afford standalone cyber cover.
Direct Commercial launches broker portal for commercial motor market
Direct Commercial has launched its portal giving brokers more functionality and accessibility to the MGA’s services.
Rokstone launches sports and prize indemnity division with Allianz capacity
Rokstone has launched a sports and prize indemnity division with an exclusive facility from Allianz Commercial.
Aspen unveils UK construction sector wellbeing product
Aspen Insurance has unveiled Construction Wellbeing to support the rising challenges associated with the mental health of employees working in the UK construction industry.
Chubb rebrands division alongside media product launch in UK
Chubb has launched a media insurance product for clients in the UK, and rebranded its existing UK technology industry practice as the technology and media practice to reflect its new focus.
Pen launches TMK-backed IP cover in UK
Pen Underwriting has rolled out an intellectual property insurance proposition backed by Tokio Marine Kiln, which is aimed initially at UK businesses.
Source adds Prestige Underwriting to home panel as it rolls out first own product
Source Insurance has unveiled Source Home, the first home insurance product it has created, and confirmed that Prestige Underwriting has joined its panel as the inaugural underwriter of the new common worded offering.
EY forecasts 8.5% premium income growth for UK insurers in 2023
UK insurers are expected to end this year reporting strong overall premium income growth ahead of further, but slowing, expansion in 2024 and 2025, according to EY.
MGA Fiducia launches marine equipment product
Specialty managing general agent Fiducia is targeting both the ‘green’ and traditional energy markets with a new marine equipment underwriting facility.
RSA launches mid-market PI product for contractors
RSA has launched a design and construct professional indemnity product.
Aviva ramps up cyber push with micro-SME cover from £50
Aviva today launched its Cyber Respond product, imploring brokers to help educate and reduce ‘apathy’ among the massively underinsured micro business community.
Headline makers – October 2023
The hottest stories from 1 to 30 September.
Ecclesiastical teams up with Iprism on digital platform for brokers
Ecclesiastical and managing general agent Iprism have launched a digital platform providing cover for smaller not-for-profit organisations operating in the charity, education and faith sectors.
Peach PI targets doubling with brokers through wider schemes growth
Peach PI is aiming to double the number of niche schemes and brokers it deals with, CEO Russell White confirmed to Insurance Age.
Open GI extends into commercial with Ark tradesperson cover
Open GI has partnered with Ark Insurance Group to add a tradesperson offering for brokers and further extend its commercial lines panel.
Provenance continues growth drive with second partnership this year
Provenance Insurance Brokers has partnered with John Clark Motor Group to create John Clark Motor Insurance Services.