E-Trading
E-commerce: Coverzones revival to spark more aggregator integration
The re-launch of Coverzones, which was recently saved from administration, could trigger greater integration between commercial and personal aggregators, following overtures from its chief executive.
E-commerce: MMA products made available on SSP platform
Broker insurer MMA Insurance has made its Master Tradesman and offices and surgeries products available online to brokers via the SSP platform.
Total Objects appoints Colville Wood as managing director
Software provider to the London and global insurance markets, Total Objects, has announced the appointment of Colville Wood as managing director.
Allianz Commercial joins PowerPlace panel
Allianz’s commercial combined product for SME business will be available on PowerPlace later this year.
BIBA 2010: Open GI launches online quote and buy SME solution
Open GI has launched eBroker for Open Trader, a new online quote and buy solution designed to enable brokers to sell SME products to clients via the web.
BIBA 2010: Bluefin ties up APC deal
Commercial insurance underwriting agency APC has struck a deal with Bluefin to provide its network brokers with access to a full range of commercial insurance packages.
BIBA 2010: Lorega in online tie up
Loss recovery insurance specialist Lorega has struck a deal with internet trading solution Broker 2 Broker to enable brokers to bind business online from 1 June.
BIBA 2010: Over half of brokers see value in online platforms
Over half of British insurance brokers believe using an online platform to trade with carriers will help them retain commercial insurance business that would otherwise go direct.
Aviva claims to have "revolutionised" personal lines pricing
Open GI has integrated its motor quote engine with Aviva’s dynamic web-based rating engine in a move that aims to provide more competitive, real-time rates to brokers.
1 Answer Network expands CDL licensing deal
1 Answer Network has entered into a long term contract with software specialist Cheshire Data Systems (CDL).
Coverzones bought out of administration
Coverzones’ assets have been bought out of administration by its management team, supported by an unnamed major private investor.
Coverzones ceases trading
In a statement on its website, Coverzones, the online business insurance price comparison and policy management firm said: “This site is closed and Coverzones is not accepting any new business.”
Xbridge appoints former matchmaker chief as new CEO
Technology firm Xbridge has appointed Jason Stockwood, former head of Match.com and Travelocity, as its new CEO.
Technology: Google adds loading speed to ranking criteria
Emmanuel Kenning reports that website loading speed is now a factor in determining Google's search results.
Xchanging boosts board
The board of Xchanging Claims Services (XCS) has appointed Ian Beaton to represent Lloyd’s Market Association (LMA) as a non-executive director.
Xchanging expects to meet year targets
Xchanging has issued its interim management statement covering the period from 1 January 2010 to date.
Power Place boosts broker development team by six
Power Place has appointed five new business consultants and one broker development manager.
Open GI reaches two million aggregator quotes a day level
Technology company Open GI has announced that it seen aggregator quotes rise to two million a day.
Rival targets broker market
Direct insurer Rival Insurance is venturing into the intermediary market with an online self drive hire fleet offering.
OpenGI grows aggregator panel
Moneyexpert.com is the latest comparison site to join Open GI’s e-aggregator panel, bringing the total number to 15.
Online insurance customers less loyal and more price sensitive, according to research
In the UK 63% of consumers have purchased motor insurance online, 45% home insurance and 23% life assurance, according to research from Accenture.
Principia Underwriting launches
Principia Underwriting has launched as part of the the Aquila Underwriting group of businesses.
Aggregator market set to shrink, claims Beachcroft
According to solicitors Beachcroft, the aggregator market will either dissolve or consolidate within three years and consumers will have the choice of only a "handful of aggregators".
One Group to expand into medically-impaired travel sector
One Group has announced the expansion of its business into the medically-impaired sector.