Property
Sam Geddes named CEO of Santam Syndicate 1918
Santam Syndicate 1918, part of Africa’s largest non-life insurer Santam Group, has appointed Sam Geddes as CEO based in London.
Aviva doubling down for customers, says Martin
Aviva is committed to pushing on with an “absolute focus on customer” and will continue “doubling down”, David Martin, managing director for UK commercial and chief distribution officer, told Insurance Age as he teased a “major new proposition” pencilled…
Hemming: Hiscox to continue filling ‘obvious’ cover gaps
Brokers can expect Hiscox UK to launch more commercial product extensions in the coming months, as the insurer seeks to fill “obvious gaps”.
Intact launches Claims Charter for brokers
Intact Insurance has launched a Claims Charter, which it describes as a series of “clear and measurable commitments” designed to give brokers greater confidence in how claims are handled.
Bspoke and SchemeServe team-up on digital scheme trading service for brokers
Bspoke Group has launched a white-labelled digital trading capability, designed to give brokers faster, simpler access to scheme ownership.
D&O, employee benefits and key man cover top list as brokers optimistic on growth
Brokers have ranked D&O, employee benefits and key man cover as the top areas most likely to grow in the coming 12 months as they expressed near unanimous optimism about their businesses and the sector.
Aviva reveals 15 new hires in regional specialty push
Aviva has hired 15 people in its regional specialty segment as it commits to increasing market visibility through deeper, face-to-face engagement with brokers across the regions.
Axa makes triple May moves
Axa Insurance UK’s partnership with Commercial Express has gone live, as the insurer also enhanced its risk management proposition for fleets and rolled out a 24/7 commercial motor claims reporting service.
Home insurance premiums tick down in Q1 – ABI
Household property premiums fell in the first quarter of the year, the fourth drop in a row according to the Association of British Insurers.
UGL unveils Zurich-backed landlords product
Midas, part of Uris Group, has launched a residential landlords proposition Midas Let Property.
Broker Direct teams up with Chinese insurer for property product suite launch
Broker Direct has partnered with China Taiping to provide property insurance products designed with brokers in mind.
Optio builds real estate capacity to £100m
Specialty managing general agent Optio Group has struck a capacity deal for its real estate product, increasing its total sum insured binding authority from £60m to £100m.
Wholesaler Ceta adds renewal hub to portal
Ceta has launched a renewal hub for property business on its Infinity Portal as it labelled renewals “the single biggest revenue battleground” for any intermediary in a softening market.
Qlaims adds household loss recovery insurance on Acturis
Managing general agent Qlaims has launched household loss recovery insurance on Acturis, in a move it claimed gives brokers easy access to its product.
Bspoke seeks more broker growth with quote-and-buy portal roll out
Bspoke Group has rolled out quote-and-buy portal Bspoke Online, stressing it has been developed specifically for brokers to simplify and speed up trading and policy management.
UK commercial rates dropping even faster
Rate softening in the UK commercial market has hit a new record since the run started just over two years ago, according to the latest figures from Marsh.
MGA Ventis widens appetite with two non-standard property launches
MGA Ventis is set to launch a non-standard real estate proposition comprising two complementary products designed for complex risks.
Raw Group aims to be the Midlands’ preferred Lloyd’s broker after Lothbury swoop
Specialist waste and recycling broker Raw Material Cover has launched a new London market arm and is looking to diversify following the acquisition of Lloyd’s broker Lothbury UK.
Windstorm Goretti losses grow to £417m
Perils has raised its estimate of the insurance market loss from windstorm Goretti to €479m (£417m) from €467m.
Chubb extends middle-market range with four launches
Chubb has launched four specific package products, extending its MasterPackage offering, to meet the needs of middle-market clients.
Acrisure grows UK presence striking four deals
Acrisure UK Broking has purchased three insurance brokers and a London-based managing general agent to push its strategic expansion across the UK retail broking market.