Property
Property Claims 2013: Insurers urged to use fraud register to punish fraudulent policyholders
Industry told of ‘massive obligation to raise awareness around morality’
APC lifts its limits to quote up to £50m risks online
Commercial insurance underwriting agency, APC, has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m, in a bid to help smaller brokers snare larger clients.
APC extends liability limits
Underwriting agency APC has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m in a move that it claims will help smaller brokers win larger clients.
Scots disproportionately affected by new flood plan
The Scottish Parliament has been challenged to secure a greater voice in the UK flood debate following concerns the Association of British Insurers' Flood Re model represents a raw deal for residents north of the border.
Swinton Commercial eyes growth with the creation of new role
Swinton Commercial has appointed Alastair Denness to the newly created role of national business development manager. The firm said this role is part of the company’s future growth strategy.
Keelan Westall expansion plans boosted by Gallagher acquisition
Keelan Westall managing director Wayne Tonge is aiming to “triple its income within two years” as it expands its e-trading offering, following the wholesale broker’s acquisition by Arthur J Gallagher a fortnight ago.
Scor GWP rises 3.9% in Q1
French reinsurer Scor posted net income of €111m in the first quarter 2013, up 7% on the same period in 2012.
Q-Re appoints new management team
Q-Re has recruited a new management team, following the appointment of chief executive officer Gunter Saacke in February.
Unrated Icelandic insurer’s flood risk venture sparks passporting debate
Broker looks to fill gap left by Statement of Principles indecision
Settlement fairness failing to meet customer expectations
Personal lines customers demand better claims advice
ING plots European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.
Plum furnishes Homeworks product with contents cover
Household insurance provider Plum Underwriting has unveiled a redesigned Homeworks product, designed to include cover for the property owner’s general contents.
Fire cuts exposing insurers warns IFIC
The insurance industry is being exposed by cuts to the UK’s fire and rescue services according to IFIC Forensics.
AIG targets London market as it reveals its 2012 results
AIG UK is past its crisis and ready to hit the London market hard, according to its UK managing director Nicolas Aubert.
Axa to launch a new personal lines proposition at Biba 2013
Axa commercial lines and personal intermediary will launch a new personal lines strategy at the British Insurance Brokers’ Association’s conference.
Ageas joins Hood Group home insurance panel
The Hood Group has added Ageas to its home insurance panel in a deal that will safeguard the insurer’s engagement for the next five years.
News review: 2 May 2013
A round-up of news stories from this week.
89% of young professionals underinsured: L&G
Nine in 10 18-27 year old professionals would be unable to replace their belongings after a fire flood, even where they have insurance, according to L&G.
Top 5 European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
EU Gender Ruling behind falling premiums in Q1, claims AA
The cost of motor and home insurance dropped in the first quarter of 2013, according to the latest AA British Insurance Premium Index.
Liberty Mutual promotes two in commercial property reshuffle
Liberty Mutual’s commercial business has shaken up its leadership in a bid to grow its regional property results.
LAS unveils "innovative" contractor materials deals
LAS Claims has revealed deals with Floors2Go and Travis Perkins to supply LAS contractors with construction materials nationwide.
AA: SoP extension is not good enough
An extension of the Statement of Principles is not a satisfactory solution to flood insurance even on a temporary basis, Simon Douglas, director of AA Insurance has said.