Property
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.
Mitsui issues timber frame warning
Mitsui Sumitomo has warned property owners of the dangers of carrying out extensive repairs on timber frame buildings.
Ernst & Young warns over motor investment
Insurers must invest more in their people and technology if they are to keep on top of "seismic shifts" in motor insurance distribution patterns.
Let Alliance appoints Ian Shackell to the board as non-exec
Let Alliance Ltd has appointed a new non-executive director Ian Shackell to its board of directors.
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.
Customers need more clarity over online insurance products
Ernst & Young and the Chartered Insurance Institute have released a research report into the UK retail motor insurance market.
Law report: clarity needed to determine 'special relationship' status on defects claims
This law report has been contributed by national law firm Berrymans Lace Mawer.
Postbox: preaching to the converted
I read with interest Phil Bunker's View from the Top regarding the challenge of updating rates in the broker market, as this is a view we have held for some time and have already responded to.
Postbox: competency is crucial
I read the recent article "A focus on training" regarding professionalism in the claims sector with interest and wanted to take the opportunity to comment as it strikes me that a parity of focus doesn't exist between expertise in the property and motor…
Application fraud: customers need to understand seriousness of purchase
There is a fine balancing act between "the legal guff, educating customers and having a slick online process", when it comes to preventing ignorant or opportunist application fraud, according to John Salmon, head of insurance at Pinsent Masons.
Interview - Janet Connor: targeting the over 50s demographic
Managing director of Rias Janet Connor chats to Amy Ellis about targeting the over-50s demographic, embracing aggregators and non-insurance diversification.
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.
RBSI ousts Esure as Sainsbury’s signs up new motor insurance underwriter
Royal Bank of Scotland Insurance has won a multi-million pound contract to replace Esure as motor insurance provider to Sainsbury’s Finance.
RSA names personal lines boss
RSA has appointed Mark Christer as its new managing director for personal lines.
Japan quake losses could reach $300bn
Economic losses from the Japan earthquake could top $300bn (£184.2bn), catastrophe modelling firm RMS has predicted.
Chartis quake losses to reach $700m
Insurer Chartis has predicted losses of at least $700m (£431m) from the recent earthquake in Japan.
Swiss Re estimates $1.2bn Japan quake loss
Swiss Re has estimated $1.2bn (£738bn) in claims costs from the Japanese earthquake.
L&G posts £8m insurance loss
Legal and General attributed an £8m general insurance loss for 2010 to “extreme weather conditions” at the end of last year.
Axa prepares to scrutinise customer claim behaviour
Axa is looking into using the Claims and Underwriting Exchange to check prospective household customers' claims experience before it quotes for business, as part of its plan to manage claims costs within this portfolio.
Canopius boss: massive quake will be tipping point
Canopius chairman Michael Watson believes the Japanese earthquake could serve as the tipping point on market rates, after lamenting the commercial lines market for its "folly" on low pricing.