E-Trading
Market moves: The shareholder spring
Without a doubt the biggest management change last month, indeed of the year so far, was that of former Aviva group CEO Andrew Moss who fell on his sword following a shareholder revolt over executive pay. There is no word as to what he will be doing next…
InsureServe in online add-on deal with ULR Additions
InsureServe, the Brighton-based marketing group, has launched 19 new insurance add-on products through legal expenses insurer ULR Additions.
Insurers losing customers due to poor websites, study finds
UK home and motor insurers could be losing potential customers by providing a poor online user experience, according to research from Global Reviews.
Biba and Premium Credit in new three-year deal
The British Insurance Brokers’ Association (Biba) has extended its endorsement deal with Premium Credit for another three years.
OIM launches e-Underwriting division
OIM Underwriting, part Arthur J Gallagher, has developed a new underwriting platform for household and commercial risks.
Biba extends 'Find a broker' function to mobiles
The British Insurance Brokers’ Association (Biba) has launched a ‘Find a Biba Broker’ app for iPhones and iPads.
New network system to "revolutionise" SME trading
The managing director of 1 Answer Network has claimed a new system that has been implemented will revolutionise the way SME business is traded.
Products: Slew of telematics-based policies released
There has been a recent hike in telematics activity, with several black-box products released into the market last month.
Products: LV Broker adds home insurance product to its e-trading platform
LV Broker launched its ABC home insurance product on Insurecom, in a move the insurer said would strengthen its e-trading offering and prove beneficial for its broker partners.
Market moves: The moves merry-go-round
The insurance recruitment gene pool has long required dilution but it still seems to be the same names popping up going to new jobs at new companies. Which wouldn’t be so bad if so many of them didn’t end up going back to the company they originally left…
Sentiment Survey Spring 2012
The latest Sentiment Survey covers market hardening expectations, increasing broker engagement with social media and the priorities for Biba, all according to brokers
Blanc urges brokers to get online to defend SME market
Axa Commercial’s CEO, Amanda Blanc, has warned brokers they risk losing the SME space to the direct market if they continue to ignore the benefits of e-commerce.
Royal recognition for Acturis
Technology provider Acturis has been awarded a Queen’s Award for Enterprise in Innovation.
Transactor wins income protection provider contract
Transactor Global Solutions (TGSL) has been appointed by income protection provider Cirencester friendly to replace its legacy IT systems.
Livestock rustling sends claims soaring in Northern Ireland
Northern Ireland is the worst affected region for livestock rustling, accounting for more than 20% of claims in 2011, according to rural insurer NFU Mutual.
Insurecom adds to senior team
Insurecom has appointed a new chief financial officer (CFO) and chief technical officer.
Market moves: Ready for regime change
It was all about big names and big moves last month. The Financial Services Authority (FSA) lost two big players as it approaches the end of its reign as regulator.
Admiral identifies £250,000 worth of potential fraud
Admiral has identified a quarter of a million pounds worth of potential fraud in just nine days following the implementation of a new claims fraud system.
Groupama increases capability of Optima Business Plus
Groupama has launched a “miscellaneous trades” facility for its online commercial trade product, Optima Business Plus.
New 'professional combined' product hits the market
Acturis has introduced an auto-rated professional combined product combining professional indemnity, directors’ and officers’ (D&O) and office and liability cover to the open market.
Free to compete
The advent of real-time pricing could free brokers’ hands and create a more level playing field
Market moves: Mad for it
Last month things went a bit mad in Manchester, with two insurers and an MGA creating brand new teams in the city. There were numerous other appointments across the insurance spectrum, and what most of them had in common was the city that gave us Oasis.
Are you ready for the next big thing in motor?
Telematics could transform motor insurance, and brokers who already have a foot in the market could cash in
Insurance websites failing customer needs
Insurance company websites are not meeting even the most basic customer experience standards according to a recent survey.