Commercial
Ferma and BIPAR sign broker transparency protocol
The Federation of European Risk Management Associations and the European Federation of Insurance Intermediaries today announced they have signed a protocol on the transparency of intermediation in business insurance.
CNA to offer free collateral warranty advice
CNA Europe has partnered with law firm Mills & Reeve to offer a free collateral warranty advice service to its professional indemnity construction customers.
Biba warns of underinsurance perils
Consumers and businesses could be putting themselves at financial risk by cutting out or reducing key areas of insurance protection, the British Insurance Brokers’ Association has warned.
Ageas extends Property Consortium repair deal
Property Consortium UK is to work with Ageas to deliver a nationwide property repair service for its policyholders.
Jelf seals affinity deal
Jelf has entered an affinity partnership with the Institution of Mechanical Engineers.
Post Europe: EMEA trade credit market
The impact of the financial downturn across Europe is clear to see but even in this uncertain time trade credit has remained buoyant and the future for this market is looking rosy according to Tim Smith.
EMEA trade credit market
The impact of the financial downturn across Europe is clear to see but even in this uncertain time trade credit has remained buoyant and the future for this market is looking rosy according to Tim Smith.
French insurance group extends product range
La Médicale, a Crédit Agricole Assurances subsidiary and long-standing partner to the healthcare sector, has extended its project range with the launch of La Médicale Immo.
Howden strengthens Mexican ties
Howden has signed a formal co-operation agreement with Financial Lines Advisory Group (Flag) to support the expansion of its specialist products throughout Latin America.
Coface returns to positive growth
Coface has reported a return to positive growth in turnover over nine months at +1.9% at current structure, and at +0.6% at constant structure and exchange rates.
Coface returns to positive growth
Coface has reported a return to positive growth in turnover over nine months at +1.9% at current structure, and at +0.6% at constant structure and exchange rates.
Law Commission gains “strong support” for damages proposals
The Law Commission has revealed that its proposals to modify current insurance contract law on damages has been well received by the industry.
Evolution launches Iphone app for brokers
Evolution Underwriting has launched a service that allows brokers to manage customers, policies and quotations via their Iphones.
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
Career development & CSR news: 'Superb' broker duo scoops top claims service accolade
Two claims handlers at Stirling-based broker Denis O Brown & Associates have been jointly honoured with an award for their customer service and professionalism.
PSTF: Thunderhead boss: learn from 'disruptive' tech
The insurance market should seize the potential of "disruptive" technologies, rather than simply focus on the "enablers" to tap into their customers of the future.
Editor's comment: Commercially viable
The news that Iprism has secured private equity backing, which effectively values the business at £50m, is further evidence that the future of online commercial trading has finally reached its 'tipping point'.
Ageas keen to developKwik Fit's niche brands
Ageas UK chief executive Barry Smith has pledged to retain and expand Kwik Fit Insurance Services' niche operations as it seeks to widen the group's overall product footprint.
Torrance slams new entrants over rates
Allianz UK chief executive Andrew Torrance has bemoaned the short- sightedness of some of the recent commercial entrants for keeping rate rises in check.
Iprism valued at £50m as PE firm takes a stake
Online commercial comparison portal Iprism has attracted private equity backing, in a move that values the business at £50m.
LV boss pledges growth to £1bn by 2015
LV direct managing director Selwyn Fernandes has pledged to grow the business's gross written premium to £1bn by 2015, despite the competition generated by the aggregators.
Lark and Bollington spared in Groupama consolidation
Groupama this week insisted its specialist commercial broking operations will not be subjected to the same consolidation and rationalisation that are set to impact other subsidiaries.
Penny Black's insurance week
Penny dragged her aching bones off to the world-famous Pineapple Dance Studios in London's Covent Garden for a spot of Latin dancing with the ladies of SSP and a select few from the insurance sorority.