News
E-business: Online marketing needs clear objectives — not just ideas
Clear objectives and good ideas are vital for insurers to reach consumers using online marketing strategies, Chemistry Communications Group has claimed.
E-business: Wishman: mobile e-commerce has finally arrived
Mobile technology has "finally arrived" in the insurance space and now is the time to develop a mobile online strategy, according to LV group e-commerce director Paul Wishman.
Lloyd's motor result reflects 'torrid' time
Lloyd's finance director Luke Savage has said Lloyd's 2010 UK motor insurance result reflects the "torrid" experience of the whole market within that class of business. Its motor book reported an underwriting loss of £520m (2009: £83m loss) and a…
Editor's comment: keeping the buzz alive
After the initial buzz of excitement swarmed round the industry at the prospect of an insurer-funded dedicated police unit to combat fraud, all has gone strangely quiet. Fair enough, the Association of British Insurers did stress that its discussions…
Career development & CSR: first specialist recruitment firm signs Declaration
AMC Insurance Appointments has signed up to the year-old Aldermanbury Declaration, becoming the first specialist insurance recruitment consultancy to do so.
Besso management buys out Union Hamilton shares
Besso has insisted it is business as usual at the firm, after its management completed a shareholding purchase worth almost £3m.
Aggregators join ABI and Biba in fraud fight
Aggregators have joined forces with the Association of British Insurers and British Insurance Brokers' Association to publish new guidance on online application fraud.
London authorities unveil combined insurance panel
An insurance purchasing body incorporating eight London councils has selected Aviva, Lloyd's and Zurich to sit on its panel of insurance providers.
Exclusive partnership deal struck for fraud investigation
Cunningham Lindsey and The Surveillance Group have signed a partnership agreement in a bid to create a market-leading fraud investigation unit.
Call made for portal time extensions on EL and PL
The timeframes laid down for insurers to comply with the terms of the fast-track electronic claims portal may have to be modified if the process is to be extended to employers' liability and public liability claims.
E-business: Free insurance idea floated by Dual Corporate Risks boss
Giving away insurance for free and generating income through other products could prove a savvy move for insurers in the future, argued Tim Grant, head of e-business at Dual Corporate Risks.
Towergate shakes up team after Heath Lambert coup
Towergate has rearranged its Scottish management team, after the broker attracted Heath Lambert's former regional head of commercial Mark Webster and his team.
Career development & CSR: management tips for the top — part one
As the chief executive of an expert management body, I’m regularly asked what my top tips for being a great manager are. It’s a trickier question to answer than you might think.
E-business: Customer reviews to play bigger retail role
The insurance industry must prepare for the growing influence of customer reviews in the retail market having a knock-on effect in insurance.
Litigation fears in wake of NZ quake
The New Zealand earthquakes in September 2010 and February 2011 have left some brokers and insurers at risk of litigation, the chief executive of Cunningham Lindsey's New Zealand operation has warned.
Career development & CSR: Open GI clinics given CPD nod by CII for a fourth time
Open GI's product clinics have been accredited by the Chartered Insurance Institute for the fourth year running.
Death knell for ATE insurance as jackson recommendations accepted
The government's decision to implement the Jackson reforms has sounded the death knell for after-the-event insurance, legal expenses insurers have admitted.
SPB reports revenue of €77.4m
Recent corporate acquisitions have boosted net revenue at SPB Group in 2010 to €77.4m.
Blanc: Axa will open new branches if brokers want them
Axa Commercial Lines CEO Amanda Blanc has exclusively revealed the firm may open new branches as it seeks to “fill in gaps” in its UK regional network.
SPB reports revenue of €77.4m
Recent corporate acquisitions have boosted net revenue at SPB Group in 2010 to €77.4m.
Aston Scott extends partnership with Broker Assistance
National broker Aston Scott and motor claims specialist Broker Assistance have agreed an extended partnership programme to provide claims handling service, for Aston Scott’s motor client portfolio.
Ex-Power Place boss joins Axa as 114 made redundant
The former Power Place chief executive Matthew Reed has been reunited with his former boss, Amanda Blanc, after being appointed managing director of intermediary and direct at Axa Commercial, at the same time as 114 staff members are made redundant.
FSCS reduces annual levy by £23m
The Financial Services Compensation Scheme has confirmed its proposed levy for 2011/12 at £217m.
Direct Debit key to retaining female customers following equality ruling
Insurance companies should turn to Direct Debit to retain existing female policy holders and attract new ones, according to Bacs Payment Schemes.