SME
City lawyer targets SMEs as he launches 'first' dedicated IP broker
City-based intellectual property lawyer David Bloom has launched what claims to be the UK’s first dedicated intellectual property insurance broker.
Simply Business parent profits dip 9% for 2013
Simply Business parent Xbridge has recorded drooping profits for 2013, while staff numbers surged over the 12 months.
Una chair calls for proof 'Britain is open for business' with SME Flood Re inclusion
The chairman of independent regional broking body Una has challenged the government to prove that “Britain is open for business” by facilitating small business growth with the inclusion of SMEs in Flood Re.
Directors' and officers' cover: Potential for growth
With directors’ & officers’ cover seeing a slight downturn in uptake recently, there is huge potential for insurers to tap into the market
Motor and home premiums fall almost 7% in past year
The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.
Ipswich-based start-up Liability & General partners with James Hallam
James Hallam has sealed a partnership agreement with Liability & General, a business founded by former Oval and Giles executives Dave Mangan and Rob Allinson.
Zurich UK off-sets £35m Q1 flood losses as attritional loss ratio improves
Zurich UK general insurance interim chief executive Dave Smith has heralded an improved attritional loss ratio as an instrument of off-setting £60m of flood losses and long-tail liability costs incurred in the first half of the year.
Chase Templeton continues growth strategy with three new deals
Private medical insurance group Chase Templeton has secure an additional £4.2m in annual premium income after completing three new deals.
Ageas promotes Farr to Midlands underwriting role
Ageas has appointed Adam Farr as commercial regional underwriter for the Midlands.
Axa introduces real time pricing to Simple product range
Axa commercial lines and personal intermediary has introduced real time pricing to its simple product range on the Powerplace platform.
CFC launches IP cover for small businesses
Specialist underwriting agency CFC has launched a new intellectual property product targeting small and medium sized companies.
RSA and Allianz team up with Una on SME package
Independent broker alliance Una has launched an insurance package for SMEs alongside insurers RSA and Allianz.
Caretaker Zurich boss Smith targets 10% share of SME market
Zurich will attempt to wrestle control from established SME players Axa and Aviva in order to secure a 10% market share following the launch of its broker-only e-trading platform, according to interim UK general insurance chief executive David Smith.
Zurich heralds 'quantum leap' following SME e-trading launch
Zurich commercial broker interim managing director Richard Coleman believes the launch of a broker-only SME digital trading platform puts his firm “way ahead of the competition”.
Coleman to head up Zurich commercial broker on interim basis
Zurich’s commercial broker business will be led by the insurer’s SME director Richard Coleman on an interim basis following the temporary promotion of David Smith to the role of UK general insurance chief executive.
Broker Exit Strategies: Employees hold key to exit strategies
Eventual sale is no longer an easy way out for SME brokers looking for an exit strategy – instead, they are turning to employee ownership as an option
Brokers warn SMEs on underinsurance risk as online purchasing increases
Legislation complexity makes insurance obligations hard for firms to understand
Most SMEs unknowingly underinsured, Axa report shows
The majority of the UK’s 4.9 million SMEs are underinsured and half a million may be breaking the law by operating with inadequate cover, according to a report by Axa.
Allianz working to protect Bristol staff at risk of redundancy
Allianz is hopeful around half of the 41 employees at risk of losing their jobs due to the planned closure of its Bristol business insurance centre will be found roles within the group.
Allianz prepares to close operations in Milton Keynes and Bristol
A total of 98 roles will be impacted following Allianz’s decision to close its commercial operation in Milton Keynes and its business insurance centre in Bristol.
Cyber fears top SME risk index
Small to medium sized businesses believe they are facing more risk than at any time since the first quarter of 2013, according to Zurich’s SME risk index.
Constructaquote.com rebrands to attract SME users
Comparison website constructaquote.com has rebranded its website to appeal to the SME market as a business insurance provider.
Bexhill targets SME brokers with premium finance offering
Bexhill UK has launched a premium finance solution for small-medium sized insurance brokers.
Labour MPs considering PI fears for SME manifesto
Labour MPs are weighing the inclusion of employers' fears on workplace personal injury claims in the party's upcoming SME manifesto, following an Axa report on 'compensation culture'.