Insurer
Consumer champion slams travel insurers
An investigation by Which? has revealed that nearly one third of its members who told their travel insurance provider about a medical condition after taking out a policy had to pay a higher premium or had their cover removed.
Axa warns of home insurance claims surge
Home insurance claims are set to rise in the coming year due to the increased number of events taking place this summer, according to research conducted by Axa Personal Lines.
New power and utilities underwriting vehicle launched
Ascot Underwriting has formed a technical underwriting vehicle for the power and utilities industry.
Equity dodges £1m fine as it receives censure from Lloyd's
Equity Syndicate Management, the managing agent of Syndicate 218, has been censured by the Lloyd’s Enforcement Board regarding deficiencies in its reserving that saw the Lloyd’s player require a £311m injection from parent company Insurance Australia…
Hastings boss to face Lloyd’s disciplinary board
Neil Utley, chairman of Hastings Direct, will face Lloyd’s enforcement board later in January over his time as boss at Equity Red Star.
R&Q takes on latest run-off business, adding to HNW portfolio
Randall and Quilter Investment Holdings (R&Q) has bought the yacht and marine trade book from Talbot Underwriting subsidiary Underwriting Risk Services.
Fresh Start for Voyager
Voyager Insurance Services has acquired the Fresh Start book of business from Culpeck Insurance services for an undisclosed sum.
Chubb adds seven to commercial management team
Chubb Insurance has made seven senior appointments to its UK and Ireland commercial insurance division.
Editor’s letter - January 2012
“The number of executives… that were dispatched in the last few of months of 2011 is staggering”
Government brings ABI young driver proposals to a full stop
Road safety minister rejects ABI proposals to place restrictions on new and young drivers
Reportage: Thinking big about smes
The difference between the small and the medium-sized businesses under the umbrella term SME can be very large and brokers need diverse tactics to target them both, explains Caitlin Morrison
Market moves: restructures and resignations
The blood is well and truly covering the floor this month with three high profile departures and the sacking of an entire board. But there was better news for one of their peers who has found his way back into the market in double quick time. What has…
A fresh start
The New Year is a great time to set some personal resolutions and a perfect opportunity to set some SMART objectives for your business, writes Deborah Windermere
Review: online business
Optima Business Plan. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Products: industry refocuses on online product offerings
Both ends of the broker product flow have seen a refocusing on websites to grow business in the new year. Connoisseur Underwriting, an MGA focused on antique and fine art dealers, auctioneers and collectors, has revamped its website with online product…
Products: Chubb launches cyber security product
Chubb has launched a new cyber security insurance product for companies in Europe that own or control confidential, personal, sensitive financial information or private health data. It is also targeted at companies that transact business via the internet.
The bottom line
Has a focus on the bottom line led to insurers and brokers in the SME sector knowing the price of everything and the value of nothing? City Slug asks
Winter warning
Ice and snow on commercial properties can present plenty of opportunities for landlords and tenants to slip up, explain Kelly-Louise Kirby and Helen Bridgman
Give and take
When does giving or receiving gifts or hospitality become bribery? Jill Hambley explains
A year to remember
Tony Cornell looks forward to the year ahead and predicts what 2012 holds in store for brokers
Ratings downgrades may spark client flight to quality
With the number of ratings warnings increasing across the industry, brokers need to keep an eye out
Blood on the boardroom floor
What role did regulation play in the sacking of the entire Swinton executive board?
Products: broker feedback drives changes to Allianz motor trade policies
Allianz Commercial has revamped its motor trade policies following, it said, feedback from brokers.
Products roundup: new year, new technology
The new year has blasted off with insurance once again looking to the technological future. Chubb has unveiled a cyber security insurance product for companies in Europe to cover financial losses in the event of a data breach.