Product
Insurers must simplify product info, says Unum
Income protection provider Unum has called on the insurance industry to simplify its customer product information.
Pet insurance study reveals £2.5bn of premium potential
Defaqto has estimated that with 48% of dogs and 69% of cats uninsured in the UK, the pet insurance sector offers providers a potential £2.5bn in untapped premiums.
Blanc sets record GWP target
Amanda Blanc has vowed to surpass Axa Commercial's gross written premium (GWP)record by writing £1.2bn worth of business by 2015.
New Sterling cover for the antique Connoisseur
Sterling Insurance has entered into a partnership with Connoisseur Policies to provide specialist cover for antique dealers, art dealers and auctioneers.
PMI industry must change tack to avoid further consolidation, says Pruhealth
Pruhealth has slammed the unsustainable economics of the SME private medical insurance (PMI) market.
Insurer claims industry first with mobile payment cover
Insurance2go.co.uk has said its policy covering mobile phone payment technology fraud is the first of its kind.
Power hour: In the grand scheme of things
The industry may not always agree on what constitutes a scheme, but they could hold the secret of future success for brokers, reports Liz McMahon
Products: Groupama claims a first with fully online commercial combined product
Groupama has labelled its new product, Optima Business Plus, the market’s first fully online, multi-section commercial combined product.
Products: Aviva returns to telematics with motor fleet product
Aviva has announced its partial re-entry into the telematics arena with a new motor fleet offering.
Products: CBG brews up scheme for drinks makers
CBG has launched an insurance scheme to meet the specialist needs of the commercial brewery industry.
Products: Insurers ready for Olympic opportunity
As London 2012 fast approaches, insurers are looking towards how they can capitalise on the influx of tourists flooding London for the Olympics.
Products: Allianz and Axa launch commercial motor add-ons
Both Allianz and Axa have launched motor add on offerings in an attempt to court broker favour in the commercial motor arena.
How to… Present a scheme
In a nutshell ▶ Brokers must demonstrate they understand the sector and the opportunities it presents ▶ Provide solid evidence of their capabilities for marketing and administration and ideally evidence of other schemes’ successes ▶ Explain how the…
Products: C&A Mackie and Garratts link up to provide cover for 1,000 driving instructors
Preston-based insurance broker Garratts has teamed up with C&A Mackie to provide a scheme to cover driving instructors.
Products roundup: Firms motoring toward London 2012
Commercial motor has been the area which has seen the most action this month. This may be to do with the belief that rates are finally experiencing some kind of hardening in this arena. Aviva has decided to dip its toe back into the telematics pool with…
SME proves lucrative for Westinsure
Westinsure, the self-proclaimed alliance of independent community-based insurance brokers, has created a range of SME deals for its members that currently transact more the £100m of commercial business.
Products: Markerstudy unveils plans for £100m spending spree
As a result of its push into the commercial intermediary arena, Markerstudy is preparing to roll out six new products by the end of summer. The group revealed that its purchase of Blagrove Insurance Brokers was the first purchase in a £100m acquisition…
FCA will not prevent all firms from failing, says Cole
Margaret Cole, the Financial Services Authority’s (FSA) director of enforcement and financial crime, has spoken at the regulator’s conference on the forthcoming Financial Conduct Authority’s (FCA) approach to regulation.
Groupama claims e-trading milestone
Groupama has labeled Optima Business Plus “the market’s first fully online, multi-section, commercial combined product”.
Dual expands into IT sector with Chartis hire
Dual Corporate Risks has appointed Christopher Blake as a professional indemnity (PI) underwriter in its national business unit.
FSA grilled over delayed FSCS review
The All Party Group on Insurance and Financial Services has expressed its disappointment that the regulator could miss the deadline for its review of the Financial Services Compensation Scheme (FSCS).
New product intervention approach could result in firm TCF rules
The Financial Services Authority (FSA) has revealed its intention to create a single set of rules for product intervention which could involve making all TCF material statutory.
CBG launches cover for booze industry
CBG has launched an insurance product to meet the specialist needs of the commercial brewery industry.
Products: Launches show sea change for insurers
Two insurers took the industry by surprise by launching products in markets they had previously shied away from.