Property
Irish brokers wary of Quinn business model after takeover - Insurance News Now – 5 May 2011
Post reporter Amy Ellis outlines this week's major general insurance stories including the uncertainty over the business model of the former Quinn Insurance following its takeover by Liberty Mutual and Anglo Irish Bank.
Brit launches new package policy for US higher education sector
Brit Insurance has launched a new package policy designed specifically for the needs of the US higher education community.
Allianz wins dental deal with Farleys
Allianz Commercial has secured a multi-year partnership with Farleys Insurance Brokers.
RSA acquires Oak Underwriting
RSA has strengthened its position in the high net worth arena with the acquisition of Oak Underwriting.
No immediate upward movement in insurance rates: Marsh
Despite record level first-quarter catastrophe losses, insurance rate increases were confined to loss-affected exposures, according to research published today by Marsh.
Recent changes pay off for commercial property broker
Cadogan Keelan Westall is on target to more than double new business growth in 2011.
Imperial invests in staff training centre
Building claims validation specialist Imperial Consultants is spending £1m on a new staff training centre.
HNW - water damage: who reigns when it pours?
High net worth homeowners need to be aware of the optimal conditions and prevention measures that can be taken to keep art collections, antiques, contents and buildings in the best condition possible. As April showers loom, Annabel Fell-Clark advises on…
HNW - rates: costs under control
The customer is currently winning in the mid and high net worth sectors, with rates only climbing slowly. David Sweeney looks at what the industry must do to price for profit and continue to provide great service.
Homelet 30% ahead of target to smash 2010 £10m profit
Barbon Insurance Group's current most profitable business Homelet is aiming to "smash" its 2010 profit by December.
Aon wins McLaren contract from Willis
Aon has won the tender to provide insurance coverage for the McLaren Formula One team, McLaren Automotive, and individual policies for its drivers.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.
NIG underwriter joins Plum
Household insurance specialist Plum Underwriting has hired two underwriters.
Axa: Men more likely to exaggerate an insurance claim than women
Axa has reported a rising trend in exaggerated claims.
Dual MGA enters property market
VK Underwriting has taken its first steps towards expanding its product range beyond its core specialty lines by entering the property market.
Kiln announces syndicate merger
Underwriting group Kiln is to merge its Lloyd’s syndicates 807 and 510.
Travelers targets UK PL market for expansion
Travelers is eyeing expansion opportunities in the UK personal lines market, according to the newly appointed chief executive of its European operation.
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
News analysis - Provident Insurance: signed, sealed, delivered
The ink has just dried on the deal that sees ownership of Provident move from troubled US firm Ally Financial to French company Covea. Daniel Dunkley reports on what the future holds for the motor insurer.
Motor price hikes forcing drivers to withhold info
Sharp rises in motor insurance premiums are prompting more drivers to withhold information, as rising costs make insurance unaffordable for some, the AA has warned.
Howden launches surveyors PI product
Howden Insurance Brokers has launched a new UK professional indemnity product for chartered surveyors with a fee income of under £750 000.
Co-op to increase aggregator usage
Co-operative Insurance has set its sights on growing its household book by widening its use of aggregators as a means of distribution.
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.
RSA unveils properties product
Insurer RSA has launched a new properties product aimed at owners with single or multi-premises portfolios.