Aggregators
Caravanquoter insurer and broker panel expands to 19
The price comparison website has reported that an increasing number of insurers and brokers are keen to join its panel of providers.
ISE 2012: Ageas says multi-channel distribution is essential for European insurers
Keynote speaker at Insurance Strategy Europe Bart De Smet, group chief executive officer at Ageas, told delegates how multi-channel distribution is essential for insurance in Europe and how his firm has restructured to reflect this.
Esure CEO Stuart Vann says broker businesses will grow this year
Esure boss Stuart Vann, pictured, pinned his firm's fourfold increase in profits on walking away from bad risks in 2010, raising prices by more than 20% and pocketing £16m of identified fraud savings with the insurer's 33-strong anti-fraud team.
Application fraud: prevention is better than cure
The industry is beginning to tackle fraud at the application stage, effectively stopping fraud from taking place before a claim can be lodged
Roundtable: Technology collaboration - will the industry ever learn?
Could insurer and vendor fears over losing unique selling points be hampering the wider good of the industry?
Application fraud: deliberate use of inaccurate information on the rise
The number of opportunistic fraudsters has rocketed with the use of aggregator sites, as some customers deliberately provide inaccurate information in an attempt to get cheaper premiums.
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?
Ancillary income still under scrutiny, despite boost to Admiral profits
After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
Digital Insurance Strategies: Boards need to see ROI from digital innovations
RSA direct arm More Than has delivered "six-figure" savings in a matter of months with its online renewal system, driving "huge benefits" for the business.
All in the execution: Interview with Zurich's Stephen Lewis
Having "fixed the fundamentals" and realigned Zurich into three distinct divisions, Stephen Lewis is now seeing his plans come to fruition. So where does he go from here?
Popularity of price comparison sites paves way for master aggregator
The long-tipped 'aggregator of aggregators' is closer to happening than ever, with the proliferation of price comparison brands and online insurance offerings that shun these sites.
Editor's comment: Insurers must be socially mobile
Joining a party too late can be disastrous. Not least because the early attendees may have drunk the place dry.
Post magazine – 8 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Admiral overseas losses increase to £15.1m but policycount soars to 4.1m
Admiral Group has reported that its two international operations – motor and aggregator – increased their losses to £15.1m (2010: £12.8m loss) in 2010.
Admiral COO describes 2011 as a year of two halves as profit hits £299m
Admiral has reported group profit before tax up 13% at £299m in 2011 (2010: £266m) on a turnover up 38% at £2.19bn (2010: £1.58bn).
Aggregators dominate Google insurance search rankings
Money Supermarket and Compare the Market are coming out on top in Google search rankings for general insurance, according to online marketing solutions provider Gravytrain.
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?
Moneysupermarket CEO predicts "another good year" after insurance revenue breaks £100m barrier
Moneysupermarket has reported a jump in click-based and other reveune from its insurance vertical in 2011.
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Brokers issue retention rate warning over commercial insurance aggregation
Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.
In Series On Data: A rounded opinion
While full credit data is not available for insurers to use for underwriting, are they missing a trick not using it for credit assessment?
Comparison sites starting to make waves in Asia
Price comparison websites are a significant part of the financial landscape in the UK. Nicky Burridge asks whether Asia will look the same in the future.
In Series On Data: Insurers and brokers catching on to external data
External data sources are an increasingly important resource for insurers and brokers, as aggregators gain market share
Broker focus - Personal lines: Survival tactics
Embattled personal lines brokers are facing a tough climate with falling incomes and business volumes, but those willing to adapt to the new environment can survive and prosper.