Property
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
Liberty takes on 10 new staff to push commercial growth
Liberty Mutual Insurance, the commercial lines operation of Liberty Mutual Insurance Europe, has announced several new staff appointments as part of its drive into the UK’s commercial lines mid-market.
RSA launches mid market commercial product
RSA has launched a new Commercial Combined Select product which it claimed has been specifically designed to meet the needs of a range of sector trades.
Brokers are still making their mark in personal lines
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Catastrophes push Markel's COR up to 152%
First quarter results for Markel International have revealed a combined operating ratio of 152% compared to 109% for the same period of 2010.
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.
Axa's UK commercial motor revenues jump by 21%
Axa’s results for Q1 2011 have shown a 2% drop in total revenues to €28bn (£25.2bn) from the same period last year.
Allianz continues roll out of household range to brokers
Allianz Retail has launched its Clear household range on Acturis, forming the next stage of its product roll out to brokers.
Barbon division sets up in London in aim to smash growth target
As it opens a London base, Cadogan Keelan Westall, part of the property and commercial division of Barbon Insurance Group, has announced that it is on target to more than double 2010’s new business growth.
Aspen confirms appointment of former RSA Scotland chief
Aspen Insurance has confirmed Annie Watson will take on the role of general manager Scotland, at Aspen Risk Management.
Next head rolls at Axa Commercial
Head of specialist markets at Axa Commercial, Mike Phillips, has become the latest member of senior management to leave the business.
Invicta announces latest acquisitions
Invicta Insurance Services is set to complete it latest acquisitions which will add 2,500 customers and over £1m GWP to its portfolio.
Plum hires in bid to fuel further growth
Plum Underwriting has hired two new underwriters to handle its rapid growth in the non-standard household market.
Brokers favour tighter home claims checks, according to Axa
Over one third of brokers (38%) said they believed people were more likely to exaggerate a claim than a year ago, according to research by Axa.
Keelan Westall makes new regional appointments
Keelan Westall has appointed two new business development managers to cover the South East and Midlands regions.
Products/schemes: How to… unlock the profit in add-ons
Many industries rely upon ancillary income to generate their profit. Low cost airlines, unable to deliver margin from their core products, instead make their money on hotels, hire cars, or travel insurance. In the motor trade, new car sales deliver low…
Products: Ink targets charity and care markets
Ink Insurance has established Ink Charity to tap into the charity and care sectors.
Schemes: Ecclesiastical and CBG see specialism as their future
Poor results have led both an insurer and broker to seek solace in the schemes market.
Review: Cover your legal expenses
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.
Products: RSA adds final piece to its SME jigsaw as the market hots up
A flurry of activity in the SME sector suggests an increase in competition as providers vie for market share.
Lessons from history: wise head or old fool?
Tony Cornell wonders if the near collapse of AIG could have been avoided by learning lessons from the past
Blanc begins revamp of Axa's commercial senior management
A strategic review of Axa’s business has led to a host of its UK commercial senior management being informed their jobs are at risk, Insurance Age’s sister publication Post has learnt.
And finally... what have you done for brokers lately?
Pushing into new sectors, listening to what they have to say and championing them on the small screen. Janice Deakin, tells us how she has been nurturing brokers.
Concern over risk indicators in wake of ECJ gender ruling
The European Court of Justice’s (ECJ) decision to ban insurers from discriminating against gender has raised fears that other risk indicators, such as age, will also be taken into consideration.