E-Trading
E-commerce: Solvency II to make brokers more accountable for data
Brokers with delegated authority may face increasing pressure from insurers to account for the whereabouts of data as the industry prepares to meet Solvency II regulations.
E-commerce: SMEs unconvinced by social networking value
Over half (52%) of small to medium-sized enterprises (SMEs) use social media but 27% of these have expressed serious doubts about the value of such sites.
E-commerce: CII group to assess how social media can review claims
The Chartered Insurance Institute (CII) has created a New Generation Claims Group tasked with investigating how social media can be used to improve the claims process for brokers and their clients.
Product launch: Clear Private Car on Open GI
Allianz Retail's Clear Private Car product has launched with Open GI in the latest stage of its roll-out.
Powerplace closer to "perfect panel" with Aviva on board
Aviva has joined Powerplace’s panel of insurers.
Legal: Social media do’s and don’ts
Facebook, Twitter and LinkedIn are valid tools for public-facing communications, though their ubiquity and ease of use present some dangers, writes Emma Bate.
Besso launches online commercial MGA
Besso Group has launched a managing general agent (MGA), named Gladstone Underwriting, to provide a “unique” online commercial underwriting facility.
Transactor embarks on quotation enhancement trial
Transactor Global Solutions is trialling the use of key external databases in a bid to enhance the quotation process in private motor, motor cycle, commercial vehicle, and household insurance.
Transactor announces expansion plans as turnover rises 22%
Software provider Transactor has confirmed plans to grow from 55 to 200 brokers by 2016 as it announced an increase in turnover of 22% to £4.5m for the year ending March 2010.
Insurance Age blog: Pirates and clouds were much more fun when I was five
The insurance industry has left me feeling rather dejected this week I am afraid to say. Has the absence of the much anticipated hard market finally worn me down? No- it is more crushing than that. Two issues I have been covering this week have…
Market Watch: SME online: Broker balancing act
With the rise of small and medium enterprise cover online, brokers are fully engaged with technology's ability to speed up trading for shops, offices, tradesmen and more. Some say that this evolution could also reach to larger risks, writes Andrew…
Dual confirms hire of Tim Grant
Dual Corporate Risks has confirmed its appointment of Tim Grant as head of e-business.
Reportage - insurer service: Less is more
Insurers have shunned small partnerships in favour of big business, but this may have been an error of judgement. Jonathan Davey uncovers why smaller brokers may have more to offer.
Social media users could face rise in home premiums
Aggregators are divided over whether social networkers could see their home insurance premiums rise.
Comparison site to provide unique gadget cover service
Moneymaxim has launched what it claims is the first gadget insurance comparison service.
Aggregator surge could hamper insurers' IT
Software experts have raised concern that the growing popularity of comparison sites is causing IT troubles for UK insurance companies.
Axa online portal encourages discussion via social media sites
Axa has launched an online portal designed to allow personal lines brokers to discuss business issues and ideas with insurers and peers using social media channels such as Twitter, Linkedin and You Tube.
Lloyd's brokers trial replacing traditional slips with iPads
Brokers are leading the way in the adoption of new technology in the Lloyd's market.
Technology - Cloud computing: Reach for the skies
Emmanuel Kenning looks at developments in cloud computing and the possible impact on brokers.
News review: August
Axa Insurance customer experience director, Paul Meehan, expressed interest in filling the senior management vacancy in the company's commercial division.
Accurate risk pricing: On the nose
Insurers are increasingly turning to technology to help them underwrite their risks more accurately. Liz McMahon uncovers the key to getting the pricing right.
Reportage - cyber liability: Reducing online exposure
As websites and e-trading take a more prominent role in every facet of business, online liability risks grow. Edward Murray asks how the market can keep up to date with the exposures and how brokers should best advise their clients.
Interview: The almost great and the good
Martin Friel talks to Theo Duchen and David McDonald about how Acturis is over-delivering in professionalism and efficiency in a bid to achieve greatness
Fresh hopes web revamp will boost its home book
Fresh Insurance has announced an online makeover as part of its aim to increase its share of the home insurance market during the next year.