Property
Bluefin's network adds to home panel
Bluefin’s network proposition, Broker Partnership Services (BBPS), has appointed Ageas to its panel of preferred home insurance providers.
Lorega and Keychoice join forces
Lorega has joined with Keychoice to provide commercial loss recovery insurance and services for its members.
Allianz teams up with Adrian Flux and Transactor
Allianz Retail has made its Clear Private Car product available through both Adrian Flux and brokers using the Transactor software system.
Congregational appoints head of underwriting
Congregational & General Insurance (CGI) has appointed Andy Squires as head of underwriting.
New Midlands manager for Ink Insurance
Ink Insurance has appointed Lee Bayliss as regional underwriting manager to the Midlands area.
Bridge to grow London business with Bluefin hire
Bridge Insurance Brokers has established a specialist property insurance division in its London market operation.
XL takes Allianz man to bolster Midlands operation
XL Group has made a new appointment to strengthen its Midlands underwriting team.
Allianz scores GWP, profit and COR hat trick
Allianz UK has reported growth in both premium and profit and a sub-100% combined operating ratio (COR) for the third quarter of 2011.
Affinity launches new home insurance service
Affinity Select Insurance Services has launched Household Insurance Expert.
Rates hardening at Amlin UK
Amlin UK has revealed an 8.4% growth in gross written premium (GWP) to £269.7m for the year to 31 October compared with £248.8m for the same period in 2010.
Capacity changes for Towergate MGAs
Fusion and Towergate Underwriting Household have both confirmed new capacity deals for the next five years.
Hardy blames catastrophes for 111% COR
Hardy Underwriting has revealed a combined operating ratio (COR) of 111% for the first nine months of 2011.
Trade bodies respond to flood insurance concerns
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have both moved to address the insurance problems being faced by homeowners in flood affected regions.
The Big Idea: winner revealed
Stuart Garforth, of L Wood Insurance Brokers in West Yorkshire, has won the Big Idea competition.
‘Strategic’ decision delays aggregator offering
The launch of a new aggregator due to hit the market early in 2012 has been delayed as part of a ‘strategic decision’.
Personal lines growth drives up NWP at RSA
RSA has reported UK personal lines Q3 net written premiums were up 13% to £1 036m, with commercial lines up just 2% to £1 282m. Overall the UK was up 7% to £2 318m.
New technology to provide more accurate flood risk pricing
Chubb Insurance has adopted a new system for predicting the potential severity of flood risk to individual properties.
Invicta completes Fountain acquisition
Invicta Insurance Services has acquired the household and property owners’ portfolios of Fountain Insurance & Investment Services.
Axa reveals 1% growth in UK P&C business
Axa’s results for the first nine months of 2011 have shown a small increase in UK property and casualty (P&C) revenue to €2.82bn (£2.47bn) from €2.79bn in the comparable period of 2010.
Ace posts Q3 loss
Ace has reported a net loss for the third quarter of 2011 of $31m (£19.4m) compared with a profit of $675m in the same period of 2010.
Escape of water costs home insurers £730m a year
Legal & General (L&G) has calculated that insurance claims for escape of water damage in UK homes cost the insurance industry £730m in 2010, nearly double the £370m cost of burglary claims over the same period.
NIG hires from rivals to grow London SME book
NIG has made two senior appointments to its London office in a bid to secure a greater share of the London SME market.
Fears over reserving raised at AM Best conference
Delegates at the AM Best 2011 Insurance Market Briefing were warned that concern was growing about the adequacy of reserves in the UK non-life company market.
Keelan Westall boosts underwriting agency
Keelan Westall has appointed Simona Wilson to its in-house underwriting agency as team leader and promoted Caroline Dixon to underwriting manager as it looks to strengthen the division.