Personal
Terry Wellard.
Many brokers who jumped at the short-term solution of price-matching in a bid to hold on to business are now paying the price.
Building business.
The construction market is reporting a significant growth in business. Shona Cronin looks at what this means for the insurance industry.
BIB's budding package.
Darlington-based BIB Underwriters has put together a package for horitcultural retailers. Underwritt...
Changing tack.
Direct writing is starting to creep into the yacht and boat sector at the smaller end of the market. Nevertheless, Andrew Newman says that yacht insurance is good broker business, even though rates are still worryingly low.
ABI seeks understanding.
The ABI is to launch a national campaign to improve consumer understanding and service in the indust...
Rates are up, but claims will follow.
Rates in the motor market are at long last moving in the right direction. Several insurers have b...
Phoenix from the flames?
It is not enough for a company to take out a business interruption policy and hope that a settlement alone will get the business back on its feet after a loss. David Cloughton says that there is great deal more work involved.
Fleet market starts to harden.
After four years of steadily declining rates, the fleet motor market is reporting a significant hard...
Insurers to benefit from government crime crackdown.
Household insurers are set to benefit from the government's proposed crackdown on domestic burglary....
Dream machines.
The number of moped and motorbike owners has soared recently - particularly among the 30-50 age group. However, the market for motorbike insurance is still limited to a handful of specialist insurers and brokers says Tim Collison.
Satisfied customers.
According to a survey sponsored by the General Insurance Research Association, 90% of people who cla...
David Worsfold.
Broker-led schemes - inventive and client-focussed, or poor value for money? Proposed legal reforms are likely to put these schemes under pressure to smarten up.
RSA to cut 300 jobs in service centre shake-up.
The direct division of Royal & SunAlliance is to axe almost 300 jobs this year, with the closure of ...
CGU jobs go in London shake-up.
A total of 190 jobs across CGU's London offices are under threat as the insurer gets underway with t...
PMI market share (by no of schemes).
The private medical insurance market is now dominated by two insurers which hold close to a 70% mark...
Appointment at HSBC.
Sir John Carter has been appointed an adviser to the board of HSBC Investment Bank, where he will he...
Motor market losses will hit £2bn by 2000.
Actuary Bacon & Woodrow has warned UK motor insurers to brace themselves for underwriting losses of ...
Appointment at Friends Provident.
Former Transport Secretary John MacGregor MP has been appointed to the main board of Friends Provide...
NIG Skandia.
NIG Skandia has asked us to make clear that contrary to a statement made in the last issue of Profes...
Another tough year.
Last year was yet another year of great change for nearly all concerned in the insurance industry. Tim Collison takes a look back at some of the major events of the last 12 months.
Greater unity.
AXA Insurance has relaunched Unity Working from Home policy. The cover has been enhanced to include ...
Scottish Equitable in restructure to boost position in market.
Scottish Equitable has restructured into three separate companies and has changed its name to Aegon ...
Axe falls on 2000 Eagle Star agencies at Zurich Financial.
The UK commercial division of Zurich Financial Services - the company formed from the merger of the ...
Edgar Hamilton helps brokers to take slice of travel cover sector.
Edgar Hamilton & Wellard has enhanced the cover on its Voyager policy in a bid to give intermediarie...