Motor
Aviva chief hints that market may finally be hardening
The UK could be seeing the first evidence of market hardening in commercial lines, according to Mark Hodges, chief executive of Aviva UK although he declined to predict whether any increase would hold or how far it would go.
Aviva posts improved COR in first quarter 2011 results
Aviva has revealed a 20% increase in general insurance premiums to over £1bn for the first quarter of 2011 (1Q2010: £913m).
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
RSA UK growth offset by motor scheme pull out
RSA’s Q1 results have shown an overall rise in UK premiums of 9% to £760m (2010: £697m).
Biba 2011: CIE consumer guide to be rolled out
A consumer guide giving advice to the public ahead of the launch of the new Continuous Insurance Enforcement was today released at the British Insurance Brokers' Association Conference in Manchester.
Brokers are still making their mark in personal lines
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Admiral on track to meet profit estimates
Admiral Group’s group turnover for Q1 2011 has increased by 56% to £539m but Confused.com’s turnover remained flat with the insurer citing continued pressure on margins.
Rocketing motor premiums put telematics back on the agenda
Brokers could regain market-share, as reports reveal 40% price increase
Jon Dye: what have you done for brokers lately?
From expanding Allianz Retail’s motor offering and setting up an online comparison service to trying to out-sing Gio Compario, Jon Dye tells us what he’s been up to.
Broking success: thinking outside the box
Staysure’s Ryan Howsam talks to Liz McMahon about his journey from golf tours to £30m in gross written premiums, and putting together a new structure to overhaul the travel insurer’s product base
Axa's UK commercial motor revenues jump by 21%
Axa’s results for Q1 2011 have shown a 2% drop in total revenues to €28bn (£25.2bn) from the same period last year.
Junction makes senior partnership appointment
Junction, an insurance affinity specialist firm, has appointed Derek Henry as the new director of corporate partnerships.
Police fraud investigation results in eight convictions
A total of five men and three women, from across the UK, have been convicted at Leicester Crown Court for their part in a car insurance fraud scam worth tens of thousands of pounds.
MCE signs up latest white labelling client
Motorcycle insurance specialist MCE has announced the completion of its latest white labelling deal.
Invicta announces latest acquisitions
Invicta Insurance Services is set to complete it latest acquisitions which will add 2,500 customers and over £1m GWP to its portfolio.
Giles to sell off life sciences business
Giles Insurance Brokers is to sell its life sciences business as it looks to focus on its more traditional lines of business.
Insurance Age blog: It's a question of taste
According to research from the University of Hertfordshire, a blind taste test performed by over 400 members of the public has revealed that we cannot tell the difference between cheap or expensive wine.
Calls for ban on referral fees after car premiums rise 40%
The Association of British Insurers (ABI) has called for an immediate ban on referral fees following research from the AA showing that the average motor insurance premium has risen by 40% over the last year.
Car premiums up but leading indices show stall in rises
Two new surveys from the AA and Confused.com/Towers Watson have revealed a slow down in the ongoing rate rises in motor insurance premiums.
Autonet raids Carole Nash for senior hire
Van insurance specialist Autonet Insurance Group has appointed Phil Evans as its new head of operations.
Products/schemes: How to… unlock the profit in add-ons
Many industries rely upon ancillary income to generate their profit. Low cost airlines, unable to deliver margin from their core products, instead make their money on hotels, hire cars, or travel insurance. In the motor trade, new car sales deliver low…
Provident deal receives cautious welcome from brokers
MMA’s acquisition of Provident has been welcomed by brokers, but concern has been voiced over how the merger could impact on the variety of products available.
Regional round table - Bournemouth: Fraud focus
Our expert panel discusses how the Insurance Fraud Register and other developments in the market will impact brokers' attitude to fraud. Liz McMahon reports.