High net worth (HNW)
Post Europe: Swedish insurers take a chance on art (Monet, Monet, Monet)
The Swedish insurance market has traditionally been dominated by five large players, If P&C Insurance, Codan, LF Insurance Group, Zurich Insurance and Chartis, which together account for over 85% of market’s annual premium income.
Exclusive interview and HNW content now available on Insurance Insight
Insurance Insights’s weekly update is now live with an interview with Portuguese broker MDS and a View from The Top on how the Swedish market is embracing fine art.
Eccesiastical to join Home & Legacy household panel
Mid and high net worth insurance specialist, Home & Legacy, has announced that Ecclesiastical is set to join the company’s household insurance panel.
Sweeney blasts low HNW rate rises
Sterling director of personal and commercial insurance David Sweeney has welcomed "common sense" rate rises in the household insurance market but has called for tougher rating action in the high net worth sector.
Hiscox targets aggressive growth in commercial with new appointments
Specialist insurer Hiscox has added to its UK professions and specialty commercial division with the appointments of Samantha Newman as head of emerging professional indemnity and charities, and Ann Meaden as senior development underwriter.
Willis appoints new commercial and networks boss
Willis UK & Ireland, has appointed Brendan McCafferty as managing director of its commercial and network businesses.
Post Europe March: Exclusive protective cell content now live
Post Europe March is now live with a look how changes to the regulatory environment are affecting protective cell companies; the focus that insurance in high net worth is receiving; the increasing motor fraud trends in Eastern Europe; and an interview…
Post Europe: High net worth in a recession
Despite the economic downturn across the world, high net worth individuals are bouncing back. Jane Bernstein reports on how confidence is returning to the values of art and commodities and the fact that important issues, like underinsurance, are…
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Post Intelligence Benchmarking: How do insurers measure up in the high net worth market
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.
Towergate extends RDT technology partnership
Towergate has widened the use of RDT insurance application Landscape to include its let properties business line of products.
Lloyd's insurer Amlin to acquire underwriting agency Lead Yacht
Amlin has entered into an agreement to acquire Lead Yacht Underwriters from members of its board of directors. The transaction remains subject to the approval of the change of control by the Financial Services Authority.
Direct Line enters mid net worth market with new product
Royal Bank of Scotland Insurance has launched Direct Line Select, aimed specifically at consumers it believes need higher levels of cover than standard policies typically provide.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Editor’s comment: Pioneering times
It is somewhat fitting that Post includes an interview with Hiscox chairman Robert Hiscox in the same week that Royal Bank of Scotland Insurance announces its plan to make a play for one his firm’s traditional heartlands, the mid and high-net-worth space…
Interview – Robert Hiscox: Opinions of the insurance industry
Robert Hiscox is never one to hold his tongue. When Daniel Dunkley met him to talk about current market conditions, he was as forthright as expected on the FSA, ABI, government policy and price-matching practices.
RBS Insurance targets direct HNW market with ‘Select’ launch – Insurance News Now – 27 January 2011
Post reporter Amy Ellis outlines the main news from this week's issue of Post, which includes the introduction of Direct Line Select.
Post Magazine – 27 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Comment - Brokers & claims: Claims expertise - the future of broking?
2011 is shaping up to be tough for brokers. John Greenway argues claims expertise is an area ripe for differentiation and the best way to solidify client relationships.
Damage management - Winter freeze: Preparing for problems in the frozen pipeline
With property claims surging due to the recent cold snap, Rachel Gordon looks into the specific challenges thrown up by freezing conditions for those tasked with managing the damage.
HNW - film & celebrity memorabilia: No business like showbusiness
The memorabilia sector is a growing market. Veronica Cowan examines why it can be so hard to value items in this burgeoning industry.
Zurich reorganises UK operations
Both the Zurich Private Clients and Navigators & General businesses are to be rolled into the insurer's new-look personal lines division, following a restructure of the UK general insurance operation.