Insurer
RSA UK premiums increase 10%
The insurer has reported a 10% rise in premiums to £2.17bn for the nine months to 30 September 2010.
Technology Viewpoint - Document Processing: Urban myths: the paperless office
Anthony Macciola explodes the notion of the paperless office and lays out what steps insurance brokers can take to handle the ever-increasing amount of paper cluttering their organisations.
SME Aggregators: Digital commercial futures
Edward Murray outlines the difficulties being encountered in establishing a successful aggregator template for small and medium-sized enterprise trade.
Market Watch - Networks: Opening connections
Emmanuel Kenning argues that broker networks are becoming more popular, though managers need to think carefully about the offerings available through them before committing their firms.
News Analysis - PB Management Event: Planning for the recovery
Emmanuel Kenning reports on the key management information on offer to attendees at PB's annual conference.
The PB Interview - Nigel Barton: Boutique beat
Emmanuel Kenning speaks with a DJ'ing broker who mixes passion with honesty in his search for talent.
News round-up: Organisations
The Chartered Insurance Institute has unveiled the New Generation Claims Group, which consists of eight young insurance professionals who will look at how social media can be used to improve customer communications during a claims surge. They will report…
Focus - Management Structures: Building a board
Without a great team in the boardroom, any broker, regardless of size, is missing a trick that can pay long-term dividends for their business, writes David Waller.
News round-up: Business continuity
According to research from the Business Continuity Institute on behalf of the Chartered Insurance Institute, insurance professionals need a more consistent message when promoting the benefits of business continuity plans.
News round-up: Insurers
Brit has formally accepted an offer of £888m from Apollo Management and CVC Capital Partners. The deal if agreed by shareholders is £10.75 for each share plus a further 25p if targets are met.
Broking Success - Stonebridge Corporate: Building fast
Andrew Tjaardstra meets two young brokers aiming to make waves in their local market by growing their business fivefold.
One in four pay off other driver after crash
A quarter of drivers have avoided using their motor insurance by giving money to a driver they have crashed into to fix the damage, according to website Myvouchercodes.co.uk
Deloitte says industry must address issue of brokers selling motor at a loss
Motor insurers need to increase their premiums while maintaining their customer base in order to return to profitability, according to Deloitte.
Majority of brokers say clients unwilling to pay more for environmental products
Nearly half (49.6%) of brokers believe there is a market for insurance products incorporating environmental elements, but only a minority believe customers would be willing to pay a higher premium for them, according to research by Ecclesiastical.
Aviva's Q3 UK GI premium soars 12%
In its UK general insurance business, Aviva has reported a 12% rise in net written premiums to £1.05bn in Q3, compared to £927m in the same period last year.
E-commerce: Solvency II to make brokers more accountable for data
Brokers with delegated authority may face increasing pressure from insurers to account for the whereabouts of data as the industry prepares to meet Solvency II regulations.
Quinn case sheds light on periods of limitation
A recent High Court ruling in favour of Quinn Insurance has clarified the law regarding the timeframe for submitting claims where an insurer has denied liability, according to law firm Browne Jacobson.
E-commerce: Insurers urged to make MTA and renewal options available online
Brokers have called for insurers to include mid-term adjustment (MTA) and renewal facilities as part of their online small commercial offerings.
Product launch: Axa Art pledges speedy service
High-net-worth insurer Axa Art Insurance has committed itself to providing a maximum 24-hour turnaround time when it comes to quoting on new broker business, upon receiving all the necessary information.
Plea for MoJ to get tough on lawyers' PI abuse
Allianz has called for the Ministry of Justice (MoJ) to crack down on claimant lawyers it claims have abused the new personal injury claims system.
Viewpoint: Time to put things right
With poor motor results continuously dismissed as being due to external factors, David Vine asks why insurers choose to ignore the evidence that would enable accurate pricing and, in turn, profit.
ECJ deliberates use of gender in risk assessment
Concerns have been raised that the cost and availability of insurance could be threatened if an opinion by the Advocate General on gender-based pricing is upheld by the European Court of Justice (ECJ).
MGAA to clear 'mist of confusion' surrounding MGAs
The Managing General Agents' Association (MGAA) has claimed it will establish a clear differentiation between prospective members and the broking community as it gears up for launch this month.
Poor insurer service feeds existence of MGAs
Consistently poor insurer service levels have allowed managing general agents (MGAs) to cement their place in the market, according to one of the latest entrants to the sector.