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Ageas braced for further household rate rise

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 secure

house
barry smith chief executive of ageas uk

Ageas' Tesco Underwriting posts £7m profit after Q1 loss last year

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 secure

matthew-reed

View from the top: Business continuity needed for SMEs

Only 39% of SMEs have business interruption cover in place.

Insurer | 17 Apr 2012 secure

moneysupermarket screengrab

Car insurance tops web search queries

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 secure

Man and woman exchanging a flower

Affinity: Managing relationships is vital

Affinity business is a growing area for insurers, but how can the industry avoid its pitfalls while making partnerships work?

Insurer | 13 Mar 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

tesco

Your Say: Taking on Tesco

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 secure

car-with-rays

Telematics: Aggregators - the future of 
motor insurance

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 secure

financial-results-s

Commercial lags behind personal as 
major insurers reveal their 2011 hands

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 secure

barry smith chief executive of ageas uk

Smith: Ageas saw "a step change"

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 secure

Barry Smith chief executive Ageas UK

Tesco deal gives Ageas a record year

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 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
Jonathan Swift

Editor's Comment: RBSI takes the Direct approach

The news that Royal Bank of Scotland Insurance is to use the Direct Line brand comes as little surprise.

Insurer | 14 Feb 2012 secure

Stone on Sand

Expert analysis: Relatively calm

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 secure

tv

Marketing: The power of advertising

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 secure

handshake

Chaucer enhances motor team

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 secure

horserace-darkhorse

Top 100 UK insurers supplement - brand analysis: Battle of
 the brands

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 secure

Comment

Lynn Rouse

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...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

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.

Work equipment risks in the UK

Work equipment risks in the UK

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.

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