Travel insurance
Products & schemes: Feedback prompts PPU
Staysure.co.uk, a provider of travel insurance for over 50s, has unveiled a unique Passenger Protection Upgrade (PPU) package that offers £25,000 travel legal dispute cover, £3,000 end supplier failure cover and double the missed departure benefits.
News analysis - HNW: four-in-one personal lines cover targets busy individuals
Direct Line has targeted the mid (MNW) to high-net-worth (HNW) personal lines market with the release of Direct Line Select Insurance.
Products/schemes: Broker bolsters medical charity affinity
Heath Lambert has extended its partnership with the Stroke Association to offer a suite of travel products for stroke survivors, their families and carers as part of its drive in the medical charity affinity sector.
Reportage - SME: Debate: Is online trading the only way forward?
Graeme Newman and James Sharp argue the pros and cons of online trading.
Market moves: Recruitment drive shows positive outlook
The actions of the insurance industry seem to indicate it is refreshingly optimistic about the prospects for UK plc. Despite the phrase 'double-dip' re-entering the popular consciousness, insurance has stormed ahead with determination to grow its way to…
Ancile pushes into niche travel market with Sun Selection buy
Direct travel broker Ancile Insurance Group has acquired specialist insurance brand, Sun Selection.
Product launch: Travel, PA and emergency link
A product that unites the handling of personal accident and travel claims and the provision of emergency medical assistance has been launched by Cega Group Services.
Schemes news: Difficult medical conditions
Broker Crispin Speers has launched an online travel insurance product for travel agents aimed at offering cover for customers with difficult medical conditions.
Direct Line targets mid-net worth sector
Direct Line has announced the launch of Direct Line Select Insurance.
Travel claims soar by 30%, according to Cunningham Lindsey
Claims International, the travel business arm of Cunningham Lindsey, has revealed that severe weather conditions led to a 30% increase in the number of travel claims handled last month.
UK General reveals plans to grow travel market share
UK General, has appointed Chris Chadwick to head up its travel underwriting team as it seeks to grow its market share in the UK travel insurance market.
Industry voices worries over VAT rise
Following the rise in the rate of Value Added Tax (VAT) and insurance premium tax (IPT) Peter Hayman, director at travel insurance specialist P J Hayman, has called for the standardisation of tax across all forms of insurance.
Fears trade bodies are on IMD2 collision course
The Association of British Insurers (ABI) and the British Insurance Brokers' Association (Biba) could be on a collision course over the revised Insurance Mediation Directive (IMD2).
News review: November 2010
IAG UK-owned broker Barnett & Barnett almost doubled its size to £50m gross written premium, with a move for a controlling stake in Bromley-based commercial and personal lines specialist NBJ.
Product update: Sunworld travel disruption
A new product designed to protect travellers against the insolvency of travel agents and tour operators and the disruption caused by increasingly severe weather events, has been launched.
Product update: Product for boat enthusiasts
Boat and marine insurance provider Towergate Mardon has launched a new travel policy for boat and dinghy enthusiasts.
Travel rates need sharp hike if sector is to turn profit
The travel insurance industry needs to push through rate increases of up to 30% if the sector is to return to profitability, according to travel specialist Mondial Assistance.
Travel hikes spell trouble for schemes brokers
Following the rise in insurance premiums from Axa, Peter Hayman, director of P J Hayman, has predicted that some scheme holders will have difficulty renewing on competitive terms.
The results are in: The Top 50 Brokers in Personal Lines
Insurance Age has produced the third edition of its Top 50 Brokers in Personal Lines supplement, published in conjunction with Cornell Consulting.
Comparison site to provide unique gadget cover service
Moneymaxim has launched what it claims is the first gadget insurance comparison service.
Fortis takes on travel customers in five-year deal
Fortis UK has announced it is to expand its existing partnership with Tesco Bank as part of a five-year deal worth around £59m in gross written premiums (GWPs).
Fortis signs £59m travel deal with Tesco
Fortis has agreed a five year deal with Tesco Bank to provide underwriting, claims management and sales and service support to Tesco Bank’s travel insurance customers.
P J Hayman warns of unpredictable travel insurance rates
Specialist travel insurance provider P J Hayman has forecast higher rates for scheme holders and brokers with travel insurers revising and renewing schemes after the summer holidays.
IFB meeting expected to move CUE plans forward
The Insurance Fraud Bureau (IFB) is confident it will move a step closer to creating a Claims Underwriting Exchange (CUE) travel database following its latest member meeting.