Insurer
Product: Stonebridge focuses on printing industry
Stonebridge Corporate has created a new trading subdivision, Print-Insure, to provide cover to the lithographic, digital print and supply industries.
Product: New products to cover digital downloads and cloud computing
Managing general agents have been busy focusing on plugging gaps in the technology-related insurance market.
Product: Axa releases more efficient art offering
Axa Art has targeted the owners of art and other valuable collectible items such as vintage cars, wine and furniture with its new insurance policy, ArtFIRST.
Product: Travelers expands media range with PI products
Travelers has launched two new professional indemnity (PI) products aimed at the publishing and general media sectors.
Product: Equity launches telematics service
Equity Red Star has launched a new risk and vehicle management telematics service for the commercial motor and motor fleet sectors.
Products roundup: Brokers braced for the digital future
It has been a technology heavy start to the year for brokers who have been inundated with new offerings from insurers in this fast evolving sector.
Power hour: Northern lights
Cautious optimism in the local economy and increased insurer presence in Newcastle are just two reasons why the North East market is looking up, reports Martin Friel
Changing attitudes
Businesses need to treat everyone fairly and comply with equality legislation, explains Sally Mbewe
Market moves: A good month for the management
It’s well into the new year but the insurance industry is certainly still ringing the changes. As usual, there were moves between rival companies, with Willis losing a COO to Aon, and Lifestyle Services dipping into Ace for a new CEO.
Reportage: Looking to liability
As the nature of risks facing many businesses and industries changes drastically, brokers could break into areas traditionally dominated by liability specialists, writes Emmanuel Kenning
Protecting clients’ assets
The industry needs to get up-to-speed over new rules governing client assets, explains David Roberts
Are you a visionary or a strategist?
Really successful businesses are led by visionaries or strategists, but the UK insurance industry seems to be lacking both, says Tony Cornell
The tide is turning
Brokers are slowly realising the potential of schemes to boost profits, explains Tony Bloomer
Groupama up for grabs
Speculation continues to surround the sale of French insurance giant’s UK operations
Whittington heads out from London
Lloyd’s-based managing general agent, Whittington Capital Management Syndicate 2525, has appointed Stephen Fitzgerald to develop business in the UK regions that is not currently accessed through the Lloyd’s broker channel.
Laspo bill delayed until April 2013
The Jackson reforms will not be implemented until April 2013, the government has announced.
ABI refuses to renew statement of principles for flood insurance
The Association of British Insurers (ABI) has hit out at the government and said it would not renew the statement of principles for flood insurance as it was supposed to be a short-term measure and grossly distorted the market.
MPs criticise government over flood defences
The Commons Public Accounts Committee has criticised the government over flood defences and urged the Association of British Insurers to renew its statement of principles on flood insurance.
Leroy completes MBO of Europe Assistance Holdings
Patrick Leroy, chief executive of Europe Assistance Holdings, has completed a management buyout of the firm.
Standard & Poor’s outlook for insurers remains negative
Standard & Poor’s (S&P) has reaffirmed the credit ratings of Allianz, Aviva and Axa groups but warned the long term outlook for all three was negative mainly as a result of the Eurozone crisis.
Premiums rise as profits fall at Chubb
Chubb has reported net income in Q4 2011 of $452m (£287.7m) down from $620m in the same period of 2010.
A Festivus for the rest of us
A couple of years ago I bought a bank. You probably did too. Ever since I have been paying out generous bonuses, none more so than the £1m I gave to Stephen Hester yesterday for kindly running the Royal Bank of Scotland so well.
Insurance companies lagging behind in payments
UK firms improved their overall payment performances in the final quarter of 2011, but insurance companies did not follow this trend, figures from Experian have revealed.
New London sales chief for Axa
Axa Commercial Lines has appointed Ryan Birbeck as its new London sales manager.