SME
British Insurance Awards 2011: A position of trust
MARKETING INITIATIVE OF THE YEAR - WINNER – HISCOX INSURANCE COMPANY
Snuko and Ingenin sign up to 'anti-theft' partnership
A strategic partnership between Snuko and Ingenin will result in anti-theft products being made available to all UK insurance policy holders.
Affinity: Travel bucks trend as affinity share falls
Finaccord managing director Alan Leach has advised insurers that the affinity market is "not just about motor, household and travel" and to look for potential partnerships in niche segments. He pointed to accident & health, which he said has seen "steady…
SMEs set to benefit from Coface policy by leading economic revival
SMEs will be given the opportunity to protect themselves against bad debt after Coface announced plans to enhance its Premier Trader credit insurance policy.
AMII to step up fight for tax concessions
The Association of Medical Insurance Intermediaries has appointed executive committee member Lindsey Joseph from LEBC Corporate Healthcare Solutions as secretary/membership secretary.
KGM Motor CEO exits during restructure
Colin Hart, chief executive of Canopius-owned KGM Motor has left the group, amid a restructure that sees the formation of a new UK retail division.
Hart leaves KGM as Canopius launches UK retail division
Colin Hart, chef executive of Canopius-owned KGM Motor is set to leave the group amid a restructure that sees the formation of a new UK retail division.
Brit joins Power Place panel with D&O offering
Newly appointed Power Place panellist Brit Insurance is to launch directors & officers’ liability cover to the marketplace later this month.
Westinsure reveals SME insurer deals
Broker network Westinsure has secured a range of SME deals with insurers for members that currently transact more than £100m of business in the sector. The new deals are designed primarily to cover package and small combined products and offer a…
Lloyd’s chairman awarded for service to Spanish broking
Lord Levene has received the "The Roberto Hertogs Award" in Madrid in recognition of service to the Spanish broking community.
SMEs ignoring legal risks
Small companies risk going out of business if they continue to ignore the risks of legal action, First Assist Legal Protection has claimed.
Lloyd’s chairman awarded for service to Spanish broking
Lord Levene has received the "The Roberto Hertogs Award" in Madrid in recognition of service to the Spanish broking community.
Westinsure launches SME initiative
Broker network Westinsure has launched an initiative to create a range of SME deals exclusively designed for its members, providing a combination of bespoke policy wordings, tailored service proposition and competitive ratings.
CSR news: Brunel hits zero-carbon goal in green campaign
Brunel Professional Risks has upped its environmental credentials by achieving zero-carbon status, and claims to be the first specialist professional indemnity broker verified by clean planet trust Pure to have done so.
Pru Health adopts new ‘sustainable’ commission model
Pru Health has adopted what the health insurer believes to be a more sustainable and transparent commission model. From April, all small and medium enterprise new business has been written on a 10:10 commission basis, with 10% initial commission and 10%…
Power Place reaches online marketplace target
Power Place has achieved its target of 1000 brokers signed-up to use its online marketplace, with the addition of Compare Insurance.
Gable CEO blasts FSA for large firm bias over SII
The chief executive of Liechtenstein-regulated insurance company Gable has accused the Financial Services Authority of failing to support small insurance companies in the run-up to Solvency II implementation.
Private sector businesses on the increase
The number of private sector businesses in the UK at the start of 2010 increased by 48,000 (1.1 per cent) since the start of 2009, statistics from the Department for Business, Innovation and Skills reveal.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
Coalition government: State of the nation: one year on
Last week's overwhelming 'no' vote in the referendum on the UK's voting system has only served to deepen divisions and highlight political polar positions within government, but how does the insurance industry rate the coalition's first 12 months in…
SMEs advised on alternatives
SMEs have been urged to consider alternatives to the purchase of non-compulsory commercial insurance.
Biba 2011: Groupama vows "radical change" in online SME market
Brokers targeting the SME sector are about to see "a radical change" to the way traditional commercial combined cover is quoted and secured, it was today claimed at the British Insurance Brokers' Association conference.
Broking supplement - Biba 2011 preview: Speakers'corner
This year's British Insurance Brokers' Association conference held in Manchester on 11 and 12 May will see attendees from brokers, insurers and service providers descend on Manchester Central to network and debate the major issues affecting the broking…
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.