News/Products
Taking the temperature of the electric vehicle market
With the Financial Conduct Authority’s price walking ban coming into force and customers transitioning from internal combustion engines to electric and hybrid vehicles, the motor insurance industry is currently in a state of flux. Eleanore Robinson…
Lloyd’s picks 11 for latest lab cohort
The insurtechs have been selected based on solutions geared towards four key themes: decarbonisation and climate change; supply chains; data and models; and claims.
Hagerty launches motorsport insurance in the UK
The organisation is working with Gullwing Racing Insurance.
CFC revamps tech and media policies
The provider has streamlined the proposition to remove the need for multiple policies.
Zego teams up with Aviva on fleet policies
Usage based and flat rate policies will be available to trades and haulage fleets in the UK containing between five and 500 vehicles via direct sales and brokers.
EV charging product launched
Recharge Rescue has developed a product, which can be sold via brokers, to help EV drivers if they run out of power.
MGA Lares launches unoccupied property product
The product is available to brokers via the Go-Insur digital insurance platform.
Jackson Lee highlights EV as "growing opportunity" for brokers with new launch
Jackson Lee Underwriting has launched electric vehicle early termination cover for companies participating in salary sacrifice schemes, as part of a wider push into the EV space in 2022.
Axa launches EV fleet product
The insurer cited an increase in electric vehicle sales and the ability to offer a greener fleet option to businesses among the reasons for the move.
Aqueous increases capacity in professional indemnity push
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022.
CPP Group UK buys travel specialist Alpha Underwriting
The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.
Liberty adds to real estate proposition
The provider is launching a fresh product and has appointed two underwriters to support the initiative.
Iprism adds product to SSP platform
According to the MGA, the platform removes the need for brokers to rekey quote data and provides a full quote and bind service, from rating and pricing to core administration, data analytics, and full policy documentation at point of sale.
Specialist Risk Group reveals growth strategy
The broker is set to add more products to its newly-merged MGA and has also appointed a group CFO.
Allianz adds to D&O product offering
The insurer announced that its Complete Directors & Officers product would now give clients access to free legal services.
Insurtech GoShorty launches short-term motor cover
The provider says the product is available via brokers and provides short-term cover for full licence holders as well as provisional ones.
Stubben Edge acquires Akoni Hub
The technology provider has said the new partnership will give brokers the tools to manage their cashflow better, develop products to market more quickly, and accelerate growth.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Zurich unveils flood resilience initiative
Insurer says it has transformed the way it handles flood claims for both direct and broker business following a warning by the Environment Agency (EA) that the UK must “adapt or die” to climate change.
Open GI partners with Percayso Inform on data product
Brokers will be able to access the service through Open GI’s motor and commercial vehicle platforms from 2022.
MGA Fiducia launches commercial combined product
The product, which will be marketed through its broker partners, provides a range of coverages under one policy.
Avid launches A-rated GAP product in the UK
The product is distributed by Avid to third parties, including brokers and leasing companies, for sale to consumers.
Geo expands political violence and terrorism cover
Geo Specialty has broadened its UK political violence and terrorism policies, widening the scope of its business interruption insurance to cover loss of profits even after the property has been rebuilt and reopened.