Property
Axa's new broker-only household product goes live
Axa’s new broker-only household product, which covers properties with a maximum of three bedrooms, has gone live.
Sterling promotes claims manager
Sterling Insurance has promoted Kevin Duncan to the role of technical claims manager for property and liability.
APC looks to support smaller brokers with product limit rises
APC has increased the limits on a number of its products in a bid to help smaller brokers win bigger clients.
Arista launches commercial home builders scheme with Kent broker
Arista Insurance has launched a national scheme for commercial home builders with Maidstone-based MPW insurance brokers.
Ceta adds LV to household panel
LV has joined Ceta’s home insurance panel which currently includes Allianz, Ageas, Covea, Zurich and Covea and is responsible for £25m of premium income.
Plum Underwriting unveils HomeWorks product upgrade
Plum Underwriting has revamped its HomeWorks product to include cover for the property owner's general contents.
UK General hits 500-scheme target
UK General Insurance has reached its 500-scheme target and laid out plans to focus on a "product-led strategy" concentrating on "profitable business, as opposed to chasing volume".
Products: LV and H&L move to expand their household presence
Both LV and Home & Legacy (H&L) have moved to expand their footprint in the household insurance broker market. LV has made its home insurance product ABC available through broker Coversure, in addition to the provider’s highway motor, commercial vehicle,…
Liberty restructures commercial property team
Liberty Mutual Insurance (LMI) has promoted Richard Brown to the new role of UK commercial property manager.
Axa plans Biba personal lines revamp
Axa is planning to launch three new personal lines products as part of a strategy overhaul to be unveiled at the upcoming British Insurance Brokers' Association (Biba) conference.
Protect Association chief Devine signs up with Allianz
Steve Devine, chairman of the Protect Association, has joined Allianz Global Assistance to work with the company’s business development team.
Nash joins Miller
Richard Nash, a specialist in global property and casualty programme design and placement for UK and European corporates, has joined Miller.
Co-op Insurance reacts to job loss fears
The Co-operative Insurance has moved to quell concerns over the jobs of more than 1,000 employees following the announcement it is up for sale.
Allianz Commercial goes to AIG for new property chief
Allianz Commercial has appointed Anneke Sims as manager, property underwriting.
Axa and Prestige in £150m capacity deal
Axa Commercial Lines and Personal Intermediary has signed a five-year capacity deal worth £150m with Prestige Underwriting Services.
Giles recruits Carlos Thompson in sector MD role
Giles has appointed Carlos Thompson from Endsleigh Insurance as managing director, private rental sector.
Review: Building confidence
Home & Legacy Building Works Extension. 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: L&G launches mid and high net worth home insurance product
Legal & General (L&G) has targeted mid and high net worth clients with the launch of Enhanced home insurance. The new product comes in partnership with Aqueduct Underwriting. At first it will only be available through regional brokers before being rolled…
L&G strikes five-year product deal with Newcastle Building Society
Legal & General (L&G) has agreed a five-year extension to its current deal with Newcastle Building Society for its general insurance products.
Expertise in Action: Pricing: A Perfect Storm
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Allianz UK CEO admits broker retail profit and growth was "bridge too far"
Allianz UK CEO Andrew Torrance has admitted that the insurer took a hit on the top line of its retail broker segment in 2012.
Profits down but Allianz keeps commercial COR below 100%
Allianz has reported a reduction in operating profit of 4.3% to £161.5m for 2012, down from £168.7m in 2011.
Corporate Underinsurance: Solving the problems
Underinsurance is a common problem and a collaborative approach is needed to stamp out an issue that has gone unresolved for too long
Ageas commercial COR improves to 109.9%
The new chief executive of Ageas UK, Andy Watson, has hailed the provider’s record profits while admitting it would not be looking to grow in commercial lines in 2013.