Commercial Lines related articles – Page 257
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Lloyds TSB appoints insurance development chief
Former R&SA broker head to lead commercial growth across retail bank customers
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News Analysis
M&A on the brink
With industry experts predicting that the mergers and acquisitions frenzy is nearing an end, Sarah Kennedy says the remaining independent brokers are being hunted down
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News
Allianz property product on Imarket
Allianz Commercial and Acturis have expanded their existing trading relationship to provide Acturis users with access to Allianz’s Complete Property Owners product via Imarket.The product provides cover for both residential and commercial property owners utilising the auto-rated ‘quote and buy’ capability available to brokers using the Acturis platform. The Allianz ...
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News
Arag and ATE team up
Legal expense providers Arag and ATE have teamed up in an attempt to take on the contract dispute after-the-event market. The tie-up paves the way for Arag to lead the market in offering unique legal expenses cover, said underwriting manager David Haynes.ATE came on board with a panel ...
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News
Localised terror cover promoted
Insurance buyers should consider buying terrorism cover with a lower deductible to reflect the threat posed by smaller scale attack styles, warned Simon Sole, chief executive of Exclusive Analysis (EA).With the dismantling of international terror networks in the wake of September 11, EA analysts have predicted that the biggest threat ...
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News
Hiscox scales back solicitors' PI
?Hiscox is prepared to see its solicitors’ professional indemnity (PI) book shrink further this year, claiming it will no longer accept new clients and would let existing firms walk in a bid to maintain premium rates.With the renewal season approaching on 1 October, Hiscox said it had considered exiting the ...
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News
SSP trades first integrated risk on Imarket
SSP has transacted its first live policy via its integrated Imarket panel which is currently in pilot phase with a small number of brokers.The software house said Imarket integration had been achieved with three insurers, AXA, Allianz and Norwich Union, for three business lines – Shop, Office and Tradesman. The ...
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Novae Syndicates makes management changes
Underwriting appointments to cater for diversified classes of business
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Hart joins Willis network
Clydebank broker looks to strengthen relationship with insurers
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Supplements
Supporting the broker 'have nots'
Broker Network chief executive Grant Ellis has steered the company to a record profit and a growing list of members. But now he’s on the acquisition trail. Andrew Holt reports
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C-Zone
Increasing the fire risk
Mark Dunham warns warehouse operators about the effects a change in working practices can have on fire safety
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Comments/LettersPrepare for investor action
Anthony Hilton says Lloyd’s insurers will face the legal consequences of the US sub prime debacle while their shareholders are seeking better management
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News
Smart & Cook's shopping spree
Smart & Cook’s shopping spree is continuing after it announced its 54th purchase with the acquisiton of Willis’ Cumbrian operation.Willis Cumbria, which has a staff of 24, will continue to offer its commercial and personal lines businesses from its Cockermouth and Carlisle offices.Prior to its acquisition by Willis in 2004, ...
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News
R&SA to offer services for property investors
Royal & SunAlliance (R&SA) has introduced a range of services for its property investor customers, including an assessment of the risk of flooding in their potential investment areas.Offered by R&SA’s regional property investors trading teams the services include a version of the geographical risk assessment which can calculate the risk ...
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News
Glassure launched to manage glass costs
RAC Auto Windscreens has launched Saga Glassure, the first large-scale underwritten automotive glass solution. In partnership with Saga Insurance, the deal means glass cover risk will be transferred to RAC Auto Windscreens, which will manage all claims handling and administration on Saga’s behalf. Saga Insurance has been an RAC Auto ...
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News
News in brief
JLT wins motor sport dealThe Motor Sports Association, the governing body of UK motor sport, has appointed Jardine Lloyd Thompson (JLT) to handle all its insurance requirements from the start of 2008 following a formal tender process earlier this year. The contract had been held by Lockton, after its acquisition ...
