Commercial Lines related articles – Page 265
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NewsTop academic issues climate warning
Local authorities need to introduce greater measures to deal with flooding
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Interaction is the key to success
Brit Insurance says the introduction of trading floors for brokers could spark the beginning of a three-way relationship
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Groupama signs on to business network
Move to boost growth of commercial lines in SME market
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Online onlyCommercial property at a loss
Properties could be losing out to the tune of £300m after being hit by floods
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Online onlyStorming new figures
A windstorm on the scale of 1987 would result in more than £4bn of losses
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Aegis expands marine and energy team
Former Markel underwriter to focus on offshore energy casualty
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Online onlyNIG: SMEs do not have adequate technology cover
Report shows that one third of SMEs have no specialist IT support
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Ex-Sirius director joins Open GI
Appointment to focus on development of commercial lines products
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News
Marsh chief hits out at inefficient industry
Marsh UK chief executive, Martin South has called for the insurance industry to build stronger bridges between intermediaries and underwriters, in order to capitalise on emerging risks. Speaking at Lloyd’s, South said that until the industry addressed its lack of efficiency, it could not prosper. He said: “We have ...
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News
BJP to target SME and personal lines growth
Berkshire-based BJP Insurance Brokers is looking to expand in the SME and personal lines markets following a string of recruitments.BJP has recruited three members to its sales team to target more SME business, and hired a personal lines manager to increase its non-commercial clients.The independent broker currently specialises in commercial ...
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News Analysis
Commissions rise divides market
The new commission model announced by Marsh and Willis has reignited the debate on broker remuneration. James Dean reports
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News
R&SA faces £1m bill in DAS case
A Court of Appeal ruling could put a stop to frivolous lawsuits over insurers refusing to pay car hire claims, according to DAS Legal Expenses.Royal & SunAlliance (R&SA) stands to pay legal costs in the region of £1m following a long-running dispute with DAS over the insurer’s refusal to ...
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News
Mortgage fraud could force out insurers
An alarming increase in claims against solicitors, linked to mortgage frauds, could have a destructive impact on the solicitors’ professional indemnity (PI) market, experts warned this week. Insurers have reported an unexpectedly high number of claims notifications, suggesting mortgage fraud against solicitors. Large scale claims would be another ...
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News
Commercial rates set to rise by up to 10%
Norwich Union (NU) and AXA are set to increase commercial lines rates by as much as 10% from 1 November. The rises will apply across a broad range of commercial classes, including property and fleet, and could signify the beginning of a hard market. AXA said it would be introducing ...
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Online onlyABI blasts government over flood defence spending
Association says government has failed to grasp importance of improving Britian's flood defence
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Direct Line launches buy to let insurance
Cover is the first of several commercial products to be rolled out this month
