Hiscox
Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
M&A - market update: Coming together
Merger and acquisition activity is finally on the rise following a long period of stagnation. Daniel Dunkley looks at what is behind the increase.
Lloyd's & London Market - Remuneration: War of the words
Lloyd's brokers are on the defensive after controversy surrounding commissions and fees re-emerged. But as underwriters demand clarity once and for all, are buyers happy as long as premiums stay low and their own charges stay transparent? Ralph Savage…
Hebburn and Hiscox among winners at first ever Claims Awards
Roy Hebburn, divisional claims manager (technical) at Allianz was handed the inaugural achievement award at last night’s Claims Awards ceremony.
Damage management - Surge: Surging ahead
Recent surge events have shown insurers are getting better at coping with large numbers of claims but there is still room for improvement. Sam Barrett finds out what could make a crucial difference the next time an extreme event occurs.
Technology: Will the cookie crumble?
The revised Privacy and Electronic Communications Directive could see computer cookies swallowed up unless explicit consent is given for their insertion in users' computers when they visit a company's website.
Hiscox UK GWP up 8% on back of direct success and Dual tie-up
Hiscox’s gross written premiums year on year reduced by 8.0% to £453.5m (2010: £504.1m)for the first quarter. The insurer added this was "expected" as the it "maintained underwriting discipline and walked away from poorly rated risks".
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.
Bin Laden death will not affect terrorism rates
The death of Osama bin Laden is "unlikely to have a material effect" on terrorism insurance rates in the short term, market figures have said.
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.
RSA targets HNW top spot after Oak deal
RSA is aiming to become the number one player in the high net worth market, following its acquisition of Oak Underwriting.
Broking supplement - Online commercial: Changing times
The insurance industry has been slow to embrace the internet for commercial, with the exception of offerings for the SME market. Graeme Newman looks at what this means for brokers.
Brand building - advertising: channelling advertising opportunities
Television remains the most powerful tool in the advertising armoury of insurance companies — but they must adapt to changing view patterns and innovations to survive in the market, says Ralph Savage.
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
NIG: we are not irresponsible
NIG has reiterated its claim that it is not guilty of irresponsible underwriting, despite complaints within the market that its rates have fallen by more than 30% following the launch of its 'Guarantee to Beat' price match deal.
Penny black's insurance week
You can say what you like about them, mused Penny, but insurance people know a good corporate jolly when they see one.
Hiscox sets sights on £100m untapped emerging PI premium
Hiscox is on the lookout for opportunities to build its book by targeting untapped emerging professional indemnity risks in the SME space that it believes could be worth up to £100m.
Penny Black's Insurance Week - 31 March 2010
You can say what you like about them, mused Penny, but insurance people know a good corporate jolly when they see one.
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Hiscox Japan losses could reach $150m
Hiscox has estimated exposure of up to $150m (£93.4m) for the earthquake and tsunami which struck Japan last month.
View from the top: a recipe for disaster
Some companies' belief that insurance policies can be sold like loaves of sliced bread makes a difficult situation worse.
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.
Household: can no claims discounts be applied to household insurance?
With Axa set to offer no claims discounts to household customers, Amy Ellis reports on market reaction and whether others will follow suit.
Hiscox backs draft Defamation Bill
Insurer Hiscox has welcomed the draft Defamation Bill claiming that it strikes “a better balance between protecting freedom of speech and reputations”.