Personal
Axa online portal encourages discussion via social media sites
Axa has launched an online portal designed to allow personal lines brokers to discuss business issues and ideas with insurers and peers using social media channels such as Twitter, Linkedin and You Tube.
Power Hour: Driving forward
This month's roundtable grapples with the factors holding the motor market back and asks what measures need to be taken for it to return to profitability.Liz McMahon reports.
Home & Legacy joins growing online mid-net-worth sector
Brokers having to work harder than ever to retain MNW clients, according to Home & Legacy.
Injury claims costs in motor rising by nearly a third a year, claims Towers Watson
The cost of injury claims in the UK car insurance market has grown recently by nearly 30% per annum according to Towers Watson.
Editor's comment: The motor market is shot
A senior industry figure told me this month that it is the "worst time" in the history of the motor market for insurers. A pile of news has confirmed this, including RBS's loss of over £200m in its first-half results, Equity's reserving issues and NIG…
P J Hayman warns of unpredictable travel insurance rates
Specialist travel insurance provider P J Hayman has forecast higher rates for scheme holders and brokers with travel insurers revising and renewing schemes after the summer holidays.
Social networking could cause insurance premium hike
Confused.com is warning people who use social media sites such as Twitter and Facebook that they could face hikes of up to 10% in their home insurance premiums.
Davies raids Crawford for head of property
Davies Group, a UK claims services provider, has announced that Vic Noble is joining as head of property adjusting operations.
News review: August
Axa Insurance customer experience director, Paul Meehan, expressed interest in filling the senior management vacancy in the company's commercial division.
Accurate risk pricing: On the nose
Insurers are increasingly turning to technology to help them underwrite their risks more accurately. Liz McMahon uncovers the key to getting the pricing right.
Reportage - long-tail liability: Breathe easy
Neil Hackett advises how brokers can assist in the handling of long-tail liability claims for lung diseases such as pneumoconioses.
Editor's comment - September 2010
So the private motor sector has finally been revealed as the insanely priced kamikaze market that many in the industry always thought it was.
Go Compare targets home insurance market
Aggregator site Go Compare is to target the home insurance market with a new TV advert starring character Gio Compario.
London households most likely to claim for home theft
A study pinpointing the top 20 UK postcode claim hotspots has found that London households are the most likely to make a claim for home theft.
NIG exit sparks RSA return to personal lines
RSA has expressed a renewed appetite for personal lines business after admitting it had previously been "deliberately underweight" in this area.
Allianz head urges industry to match motor hikes
Allianz chief executive, Andrew Torrance, has called on the market to push up rates, as he promised further double digit increases in private motor in 2011.
Groupama reports stagnant broking revenues
Combined revenues of Groupama Insurances' UK broking businesses have remained relatively flat at £33.3m during H1 2010 (H1 2009: £34.1m).
Individual responsibility required to reduce NHS strain
More people will be required to take out health insurance over the next decade as their access to free healthcare becomes increasingly limited, according to a new report by Friends Provident.
Employee risk costs could soar under retirement proposals
The Government's decision to scrap the default retirement age from October 2011 could lead to key benefits becoming uninsurable for older employees, Mercer has warned.
Birmingham exposed as worst 'crash for cash' area
Birmingham has topped the Insurance Fraud Bureau's (IFB) top 20 league table of crash for cash hotspots in Q2 2010.
Further changes at Brit as distribution boss bids farewell
Brit Insurance's head of distribution Tim Grant is leaving to join Dual Corporate Risks, Insurance Age can reveal.
Adrian Flux confirms plan to grow workforce
Norwich-based Adrian Flux has announced it is to create 150 jobs as it gears up for further expansion. The broker, which appears in this year's Top 50 Brokers in Personal Lines supplement, already employs 480 staff at its offices in King's Lynn and…
Equity Red Star slammed for being too slow to adjust reserves
Equity Red Star should have taken quicker and more decisive action in reserving for increasing bodily injury claims according to a report produced by JP Morgan.
Motor insurers' excuses for poor results rejected
Insurer claims that increases in bodily injury costs are to blame for poor performance in the private motor market may be misleading, according to industry experts.