Property
Your letters: Will some people go to any lengths to win business?
From theBroker Forum, May http://forum.broking.co.uk
Product launches: APC extends niche product
APC has rolled out specialist cover for estate agents and letting agents to its entire agency base.
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
News: QBE ambitions realised
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.
Client's Q&A: Hot on property
Property owner Marlene Ellicombe had to make a claim on the first day of taking cover, though Wells-based broker Higos took helping her out in its stride. PB asks her about the experience.
BIBA 2010: Ace launches four new enhanced business covers
Ace UK was today due to launch a suite of new products targeting companies with one or more overseas branches, retailers, hotel groups and machinery manufacturers.
Aviva claims to have "revolutionised" personal lines pricing
Open GI has integrated its motor quote engine with Aviva’s dynamic web-based rating engine in a move that aims to provide more competitive, real-time rates to brokers.
Allianz sees profits slip 10 points in first quarter
Allianz Insurance's pre-tax profits have slumped more than 10% to £36.7m (£41.1m: 2009) for the first quarter of 2010, despite a near 5% increase in gross written premium (GWP) to £411.3m.
Home and Legacy joins with Westinsure
Home and Legacy has agreed a deal with Westinsure Group to provide additional mid and high net worth (HNW) expertise to its network of independent insurance brokers across the UK.
Hiscox reports £10m Deepwater oil disaster impact
Hiscox gross written premiums (GWP) increased by 6.4% in local currencies to £504.1m in the first three months of 2010.
Heath Lambert wins insurance contract
Heath Lambert has won the contract to provide all general insurance cover for industrial and domestic services giant BSS Group.
Keelan Westall revamps broker club
The commercial property insurance broker has announced the re-launch of its Prestige Broker Club – a newly enhanced membership proposition for its top performing broker partners.
Broking Success: Niche is the word
Emmanuel Kenning meets a Blackburn Rovers fan who started his career on La Réunion, 200 miles east of Madagascar in the Indian Ocean, and is eager for broking to improve its image.
News: Motor premiums predicted to rise full throttle through 2010
Although car insurance premiums have stalled in the first quarter of 2010 they are expected to rise steeply during the rest of the year, according to research.
News: LV motor book inspires similar growth throughout business
LV Broker managing director, Phil Bunker, has set a target of £100m gross written premium (GWP) for the insurer's small business book by the end of the year as it announced a dramatic turnaround in its financial performance.
Carter to head up new joint Fortis and Tesco venture
Fortis Insurance UK and Tesco Bank have unveiled the structure of their general insurance partnership.
Car insurance premiums have stalled in Q1, says AA
The latest AA Insurance British Insurance Premium Index shows that car insurance premiums have stalled during the first quarter of 2010.
Bluefin snaps up Aon property team
Stuart Reid has confirmed the hire of a senior property team from Aon.
Junction snaps up Bradford & Bingley's motor and home insurance business
Junction, the affinity specialist intermediary, has announced its acquisition of Bradford & Bingley’s motor and home insurance business.
Allianz appoints new household claims chief
Allianz has appointed Gary Coton as its new household operations manager responsible for handling all UK household claims.
Online insurance customers less loyal and more price sensitive, according to research
In the UK 63% of consumers have purchased motor insurance online, 45% home insurance and 23% life assurance, according to research from Accenture.
LV's GI business achieves a profit
LV’s general insurance business made a profit of £7m in 2009, compared to a loss of £30.1m the previous year.
New property deposit cover launched
London & European has launched Deposit Cover – a deposit guarantee insurance policy designed to keep property transactions moving.
Ace launches environmental offering
Ace UK has today launched its new Environmental Protect policy offering coverage for both small to medium sized companies and multinational operations.