Travel insurance
Mondial re-brands as it heads into health market
Mondial Assistance UK has announced that it will rebrand to Allianz Global Assistance in October this year as it embarks on a new foray into the health sector.
Home Secretary gives backing to Biba and ABI signposting initiative
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have revealed a government backed signposting agreement which they claim will make it easier for older customers to find motor and travel insurance.
Mondial Assistance in partnership with luxury travel company
Mondial Assistance has struck a deal to sell travel insurance via Voyage Privé’s website.
One in ten young professionals take out no insurance
One in ten young professionals would rather “take the risk” than spend money on insurance, a new study has revealed.
Reportage: Personal targets
Personal lines brokers are seeing massive changes in the motor, household and travel sectors. With no let-up in sight, where do the opportunities lie in the months and years ahead? Edward Murray reports
Ageas produces growth and profit across the board
Ageas has reported a huge boost in both gross written premiums (GWP) and profit for 2011 as the insurer’s Tesco deal begins to pay dividends.
Broker Network signs up equestrian specialist
Shearwater Insurance has become a member of Towergate-owned Broker Network.
Leroy completes MBO of Europe Assistance Holdings
Patrick Leroy, chief executive of Europe Assistance Holdings, has completed a management buyout of the firm.
Gallagher Heath seals five year deal with UIA
Gallagher Heath Insurance Services (GHIS) has bagged a five year partnership with UIA to provide motor and travel insurance to members of UK trade unions.
Consumer champion slams travel insurers
An investigation by Which? has revealed that nearly one third of its members who told their travel insurance provider about a medical condition after taking out a policy had to pay a higher premium or had their cover removed.
Three brokers make top 100 UK companies
Three insurance brokers have made it onto this year’s Sunday Times Fast Track 100 list of UK companies with the fastest growing sales over the last three years.
‘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’.
Insurance Age blog: Faking your own death
A whole month since my first blog. By now of course I've gained enough expertise to rant and rave about all manner of things insurance-related, which is particularly impressive to my friends and relatives who have all recently discovered how glamorous…
Novae enhances online product offering
Novae has added three new areas of cover to its online offering to brokers.
Cigna acquires FirstAssist
Global health insurer Cigna has agreed to buy FirstAssist Insurance Services from Barclays Private Equity.
Travel insurers face a weekly bill of £5.3m
Figures from the Association of British Insurers (ABI) have revealed that the cost of falling ill abroad has hit a new high with travel insurers helping a record number of people needing emergency medical treatment while overseas.
RSA UK's personal lines performance takes up commercial lines slack
RSA UK has reported a 7% increase in premiums to over £1.5bn and has improved its combined operating ratio (COR) slightly to 98.5%.
Former Confused.com chief returns with new aggregator model
A new Covea-backed aggregator, due to hit the market early next year, is to be headed up by former Confused.com and Tesco Compare chief, Debra Williams.
Bean Counters 1, Consumers 0
A bad personal claims experience leads Nigel Dyer to question how some insurers achieve their loss ratios
Brokers rate motor top for growth in personal lines
A survey by Mapfre Assistance has rated motor as the product area most likely to drive growth for insurance brokers in personal lines over the next 12 months.
Insurers issue ash-cloud travel insurance advice
Aviva and Ageas have stated their positions on their travel insurance policies following the recent volcanic eruption in Iceland which has closed parts of the UK airspace.
Ageas returns to profit despite 104.6% COR
Ageas Insurance has revealed profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the equivalent quarter in 2010.
FOS receives record-breaking number of PPI complaints
The Financial Ombudsman Service (FOS) has published its annual review covering the 2010/11 financial year.
Biba 2011: Jubilee launches A&H trading portal
Jubilee Managing Agency has launched a dedicated trading portal for brokers offering a range of accident & health and speciality products supported by unique commission and profit share arrangements today at the Biba Conference in Manchester.