Insurer
Car claim volumes double as snow and ice turn UK roads into ‘fairground dodgems’, says AA
Snow and ice have contributed to a 100 per cent increase in car insurance claims compared to an ordinary Monday in December, AA Insurance has reported.
Ecclesiastical raises £40m in share issue
Ecclesiastical has announced it has raised £40m through a new share placing, its first since 2005.
SRA consults on bringing sole practitioners in line with sector
The Solicitors' Regulation Authority (SRA) has announced it is consulting on a proposal to bring the process for authorising sole practitioner law firms (firms with only one principal, who can be a solicitor or a registered European lawyer) in line with…
Brit expands commercial motor team
Brit Insurance has appointed Gerry Ross as underwriter, commercial motor.
Zurich restructures UK business
Zurich has announced changes to the organisational structure of its UK general insurance (UKGI) business in a bid to bolster its accountability to the market.
HSB appoints London and South East regional manager
Sian Williams, regional broking director at Willis, has moved to HSB Engineering as regional manager for London and the South East.
Mid-corporates bullish about 2011, according to Chartis
Research by Chartis has found almost two thirds of mid-corporates are positive about the outlook for their business for the next 12 months.
Survey finds increasing loyalty to aggregator sites
A survey by consultants EMB has found that around a third of people buying car insurance now choose an aggregator site to visit based on one they have used before, up from 26% in February.
Axa unveils senior personal lines team
Axa has revealed the senior management structure for its newly created personal lines operation, which now combines all its intermediated, partnerships and direct businesses, including Swiftcover.
Video: Surviving the construction PI market in a recession
As the UK’s construction sector struggles to come to grips with the current recession, attention within the insurance industry has focused upon the professional indemnity (PI) exposures associated with construction and particular emphasis has been placed…
Ace targets brokers with regional expansion
Ace has opened larger premises in Watford in a bid to build relationships with more regional brokers.
Datamonitor predicts strong growth for personal GI market
Research from independent market analyst, Datamonitor, has suggested 2010 has shown a return to growth for the personal general insurance market and that 2011 will herald the start of a period of continued strong growth.
Commercial property contracts under threat from flood defence cuts, says JLT
The Government’s £200m cuts on flood defences could have a catastrophic effect on the commercial property market by making flood insurance unavailable, Bill Gloyn, partner, european real estate at JLT has warned.
Product review: Biosurance R&D for life sciences R&D firms
This product has been reviewed by bbrokers and rated from one to five based on the policy's key benefits.
Broking success – Wilby: To Halifax and beyond
Emmanuel Kenning meets a passionately independent broker twinning strong local service with national niche products to grow the business.
SRA consultation could scrap single renewal date for solicitors' PII
The Solicitors' Regulation Authority (SRA) has proposed the removal of the single renewal date for professional indemnity insurance (PII) for firms from October 2011, so that they can renew cover at any time of the year.
Household insurance in flood risk areas subsidised by £511 annually, says Axa
According to data from Axa, household insurance for homes in high flood risk regions is being subsidised by £511 each year. The insurer stated this means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect…
Survey shows half of brokers unaware of CIE regulations
Allianz Commercial has found that almost 50% of brokers have no knowledge of the new Continuous Insurance Enforcement regulations, which are due to come into force early in 2011.
Amanda Blanc leaves Towergate for Axa
Axa UK has appointed Amanda Blanc as CEO of its commercial lines business which includes its distribution arm, Bluefin.
The Third Force 2011
The latest edition of the Third Force finds that as this sector goes from strength to strength its influence on the market is greater than ever.
Brokers urged to push law firms to flag up ABS intentions to insurers
Brokers must push clients to alert their insurers if they are planning to become an Alternative Business Structure (ABS) or risk being drawn into claims for non-disclosure, according to legal experts.
Reportage - CII training: The value of training
The CII has an enviable reputation for promoting professionalism in the industry, however there is a sentiment in some parts of the market that it is more concerned with making money. Louise Phillips weighs up the true value of its training structure.
Your opinions: Chartered Insurance Institute report on BCP highlights disparity in thinking
Insurance Age welcomes your opinions via email, Linked In, the Broker Forum, Twitter and good old-fashioned letters. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 – 34 Broadwick Street, London, W1A 2HG or email martin.friel…
Viewpoint: Technically speaking
With the success of the iPad and Lloyd's plans to trial the replacement of traditional underwriting slips, Martin Eves asks whether new technology can be incorporated to benefit the insurance industry or if it is more often a case of hype over substance