Many SME owners buy business insurance like they would car or contents insurance, but there are opportunities for brokers who explain the importance of avoiding underinsurance
Insurer launches five new products on its SME platform and refreshes the background system in response to broker feedback.
Allianz UK CEO Jon Dye has said that the business will have completed all staff consultations by early September and remains confident that the final job loss total will fall below the 250 “worst case scenario”.
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
Insurer previously confirmed it would no longer apply average to SME claims.
UK & Ireland CEO plans to expand SME offering and move more into mid-market business to grow revenues.
Matthew Wilson says broker business is still its main market as insurer launches direct online platform for small businesses.
Turnover rises by nearly one-third at online broker.
Business from the SME sector is a lifeline for many regional brokers and, on the whole, intermediaries do a great job for their clients. However, lack of clarity on underinsurance and reputational risk, along with market-shaking issues such as IPT and…
RiskEye product will be available to brokers and underwritten by AIG from 1 May.
Gaps in protection offer chance of extra business for brokers according to CII’s New Generation Group.
CEO Jason Stockwood says new deal will allow the broker to grow.
CII calls on brokers to be more proactive when discussing reputational risks with SME clients.
Aquiline Capital Partners has bought the business.
SMEs are often described as the life blood of the UK economy. But what do these business owners and their insurance providers really think about the products and services they receive and offer? And how do both think these could be improved?
Darwinsure provides bespoke specialist cover for firms in trades such as cleaning and security equipment installation.
Software provider launches QBE Tradesman on Applied TAM.
SME is now the provider’s biggest single line of business.
SME director David Martin says the provider received 40% more inquiries as well in February.
Move boosts range to seven lines.
Insurer plans to further enhance its e-trading strategy.
PwC estimates that costs of storms Eva, Desmond and Frank could top £3bn as flooding impacts SME businesses.
The sector is acutely aware that SME is its bread and butter so it’s important for brokers to keep up with the changes and trends. We examine the importance of working with micro SMEs and what brokers need to know about in the emerging science and tech…
Peter Hubbard asks could 2016 see the insurance market turn the corner on SME pricing?