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Editor’s letter – April 2011
As you can see, there’s a big focus on networks this month. Once seen as an anomaly, they are now a firmly established aspect of the market. And one way they have often sold themselves is that they are a security blanket. The claim is that they can…
Select Committee polarises opinion
Results of inquiry into motor insurance costs backed by Biba – but ABI brands it a missed opportunity.
Personal lines exits highlight need to avoid reliance on single insurer
Reduced insurer appetite in the personal lines market should serve as a timely reminder to brokers to avoid the pitfalls of placing all their eggs in one basket.
Reportage: Facing up to networks
With networks increasing in popularity, Emmanuel Kenning recounts their development and looks to the future of this crucial market sector.
Cancer u-turn reveals division in PMI
Bupa’s u-turn on capping cancer cover for its corporate schemes has exposed how fragmented the private medical insurance (PMI) industry is in its approach to the disease.
Profile: Hidden depths
CCV’s Michael Rea may not shout about it but he’s certainly made his mark at the consolidator. He talks to Martin Friel about his appetite for aquisition, the prospect of flotation and working for an industry ‘personality’
Market moves: Winds of change sweep the country
Snow flurries in Scotland were matched only by the blizzard of job announcements in the region with Lockton, Heath Lambert, Aspen and RSA all unveiling changes.
Management - Broking success: making the connection
Liz McMahon talks to Autonet MD Glynn Keeling about the value of a strong audit process and striking a balance between online business and customer communication.
Management - How to... save money and reduce your FSA risk
Mike Cranny offers a step-by-step guide on how to surrender client money permission.
Zurich targets Europe with commercial broker hires
Zurich’s UK General Insurance business has made three senior appointments in the commercial broker team.
RSA's property product completes its SME suite
RSA has launched a new product created specifically for property owners who own and let single or multi-premise portfolios.
LV reports switch from loss to profit in 2010
LV has revealed a reversal of 2009’s £172.2m after tax loss to a profit of £21.3m in 2010 as it published its full year group results.
Axa makes latest commercial team appointment
Axa has appointed the Chartered Insurance Institute’s (CII) Alasdair Stewart as commercial director.
Man dealt one year prison sentence for personal injury fraud
A man who submitted an inflated £1.35m claim for damages for injuries in a car crash has been sentenced to one year’s imprisonment after the courts found him guilty of contempt of court.
Bupa 'first' claim met with scepticism
Rival private medical insurance providers have expressed surprise at Bupa’s claim to have secured an industry first in its cancer cover limits.
Ecclesiastical appoints product development leader
Ecclesiastical has named Jo Kibble as its new head of product and proposition development reporting to strategic marketing director Mike Mintram.
Ecclesiastical signs up to Home & Legacy panel
Mid and high net worth wholesale broker, Home & Legacy, has announced that specialist insurer Ecclesiastical is set to join the company’s household insurance panel.
Ageas announces Castle Cover acquisition
Ageas UK has acquired intermediary Castle Cover for £52.8m. According to the insurer, the purchase will increase its customer numbers to around eight million.
The Aldermanbury Declaration - one year on: the debate
If you missed yesterday's live webinar debating the Aldermanbury Declaration - one year on - it is now available for viewing on-demand.
ABI gives thumbs up to Osborne's Lord Young promise
The Association of British Insurers (ABI) has welcomed UK Chancellor George Osborne’s promise to implement the recommendations in Lord Young’s report on health and safety in full.
RSA looks within business for new personal lines chief
RSA has appointed former MD of More Than, Mark Christer, as managing director, UK personal lines.
Payment protection market urged to respond to Government consultation before deadline
As the period for the Treasury’s consultation on Simple Financial Products draws to a close, the protection insurance industry has been urged to respond or live with the consequences.
Bupa to cease offering restrictions on cancer cover
In what it claims to be an industry first Bupa has announced plans to stop selling corporate health insurance schemes which feature overall cost or time limits for cancer treatment.