Ageas UK boss Barry Smith has warned of further rate rises on household premiums after admitting to a rate hike of 16% for buildings cover last year.
Insurer |
14 May 2012
Tesco Underwriting, Ageas' household and motor partnership with Tesco Bank, generated a pre-tax profit of £7m in the first quarter compared with a loss of £4m last year.
Insurer |
14 May 2012
Only 39% of SMEs have business interruption cover in place.
Insurer |
17 Apr 2012
Quarterly research by Greenlight found insurance-related searches in January totalled 1.9 million, down from more than 2.3 million in October 2011, but car insurance searches leapt.
Insurer |
15 Mar 2012
Affinity business is a growing area for insurers, but how can the industry avoid its pitfalls while making partnerships work?
Insurer |
13 Mar 2012
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
Since Axa and Zurich reported improved UK earnings in mid-February, a number of other insurers have impressed with upbeat personal lines results. After a dismal 2011, these performances should be applauded, and demonstrate that, unlike the banks, which...
Personal |
06 Mar 2012
As young drivers are priced out of the market, could the emergence of telematics bring an end to the dominance of the traditional big four aggregators, as others seek to take a share of the market?
Personal |
28 Feb 2012
The results season is more than halfway through and, while analysts have highlighted the increased profit in personal lines despite market saturation, they claim commercial is lagging behind and could worsen.
Insurer |
28 Feb 2012
Ageas boss Barry Smith has told Post that high street provincial brokers provided the biggest boost to business last year, with broker business growing by as much as 20%.
Insurer |
20 Feb 2012
Ageas UK cited organic growth and its new Tesco business for a near 70% boost to its premium income for 2011 to £1,979.5m and a record profit of £105m compared with a loss of nearly £25m in the previous year.
Insurer |
20 Feb 2012
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
The news that Royal Bank of Scotland Insurance is to use the Direct Line brand comes as little surprise.
Insurer |
14 Feb 2012
Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.
Broker |
10 Jan 2012
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Insurer |
01 Nov 2011
Chaucer Insurance has appointed Paul Baxter as head of direct to enhance the division’s commitment to building a leading UK motor business.
Insurer |
17 Oct 2011
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
Insurer |
27 Sep 2011
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
Updating your subscription status
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Post |
24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...