Product
SME proves lucrative for Westinsure
Westinsure, the self-proclaimed alliance of independent community-based insurance brokers, has created a range of SME deals for its members that currently transact more the £100m of commercial business.
Products: Markerstudy unveils plans for £100m spending spree
As a result of its push into the commercial intermediary arena, Markerstudy is preparing to roll out six new products by the end of summer. The group revealed that its purchase of Blagrove Insurance Brokers was the first purchase in a £100m acquisition…
FCA will not prevent all firms from failing, says Cole
Margaret Cole, the Financial Services Authority’s (FSA) director of enforcement and financial crime, has spoken at the regulator’s conference on the forthcoming Financial Conduct Authority’s (FCA) approach to regulation.
Groupama claims e-trading milestone
Groupama has labeled Optima Business Plus “the market’s first fully online, multi-section, commercial combined product”.
Dual expands into IT sector with Chartis hire
Dual Corporate Risks has appointed Christopher Blake as a professional indemnity (PI) underwriter in its national business unit.
FSA grilled over delayed FSCS review
The All Party Group on Insurance and Financial Services has expressed its disappointment that the regulator could miss the deadline for its review of the Financial Services Compensation Scheme (FSCS).
New product intervention approach could result in firm TCF rules
The Financial Services Authority (FSA) has revealed its intention to create a single set of rules for product intervention which could involve making all TCF material statutory.
CBG launches cover for booze industry
CBG has launched an insurance product to meet the specialist needs of the commercial brewery industry.
Products: Launches show sea change for insurers
Two insurers took the industry by surprise by launching products in markets they had previously shied away from.
Review: Protection goes on tour
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: Providers unveil a raft of online offerings at Biba conference
Providers clearly saw Biba 2011 as an opportunity to court brokers with their new online offerings as Jubilee, Aviva, Ecclesiastical and Catlin all launched technology products.
Products: Biba health plan draws fire from health specialists
A new private medical insurance scheme for general insurance brokers set up by the British Insurance Brokers’ Association (Biba) has raised the hackles of specialists operating in this arena.
Review: One-stop-shop for commercial
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: Self-build scheme goes online
Broker Atkinson Smith and Brit Insurance have launched an online quote and buy system as part of their self-build (new build) and home extension/conversion scheme.
Product's roundup: Insurers save the best for Biba 2011
The last month has been all about Biba 2011 so, unsurprisingly, it dominates the content of the schemes and products pages. The most contentious aspect of the coverage however, comes from a scheme the trade body launched for non-PMI brokers. Its aim to…
Survey reveals brokers sure of business growth
More than three quarters (78%) of insurance brokers polled in a survey for Mapfre Assistance said they were confident about business growth prospects in the next 12 months, with 27% saying they were very confident about business growth.
Jon Dye: what have you done for brokers lately?
From expanding Allianz Retail’s motor offering and setting up an online comparison service to trying to out-sing Gio Compario, Jon Dye tells us what he’s been up to.
Products: Markel UK goes direct with offering to ‘unattractive’ low-premium clients
Markel UK, the retail division of Markel International, has launched a direct commercial offering. Markel Direct will be targeted at low-premium clients, many of which, according to Markel, share the characteristics of personal lines business therefore…
Products: KWW launches liability suite
Lloyd’s broker Kite Warren & Wilson (KWW) has targeted the high end SME asset manager and Lloyd’s managing agent market with a suite of new liability products.
Products: Biba in deal to provide brokers with access to export insurance scheme
The British Insurance Brokers’ Association (Biba) has come to an agreement with the government’s Export Credits Guarantee Department (ECGD) to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Products roundup: Finding a niche and bucking the trend
There is an interesting irony in Groupama’s launch of its Exclusively product range. It was given this name, after much painstaking deliberation we are told, as each offering focuses specifically on a trade, thus creating bespoke coverage for it.
Groupama targets niche trade with Exclusively
As part of the launch of its Exclusively range, Groupama is to broaden its distribution base by giving the open market access to certain scheme areas.
Review: a buy-to-let policy that offers something different
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.
Review: comprehensive combined machinery and equipment cover
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.