Aviva is including flood advisory leaflets in its commercial renewal packs, as part of its campaign to protect commercial policyholders from the impact of flooding. The advice ranges from subscribing to flood alert warnings and investing in local flood protection devices, to moving expensive equipment to less vulnerable parts of the premises. Businesses are also [...]
Insurer swiftcover.com has won the Marketing Initiative of the Year award at the British Insurance Awards 2010, hosted at the Royal Albert Hall. The insurer’s efforts in advertising were recognised following its successful multi-platform campaign which utilised both traditional and digital elements which saw its brand awareness almost double (up 90%) and its sales soar [...]
Marsh has announced senior appointments to its Scottish National Corporate business, which provides risk and insurance advice for mid to large-sized corporates. The move follows the broker’s acquisition of HSBC Insurance Brokers in April, and the new team is tasked with driving growth across combined operations. Audrey Corfield has been appointed as leader of the [...]
Allianz Commercial has revamped its Commercial Select product, which is designed to offer a wide range of covers across a variety of risks. According to the insurer, the scope of the product has been enhanced to give clients wider protection and greater peace of mind, with amendments being made to the following policy sections: Property [...]
The Chubb Corporation has been granted permission by the China Insurance Regulatory Commission for its wholly owned subsidiary Chubb Insurance (China) Company Limited to establish a branch in Nanjing, Jiangsu Province. The branch will require further green lights from the China Insurance Regulatory Commission and other Chinese regulatory authorities. Should it get them, it is [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Denon Ambris as liability underwriter in the firm’s Birmingham office. He joins Brit from Chubb Insurance, leaving behind his former post as European Sales Training adviser providing training throughout the firm’s European branch network. Earlier in his career Ambris spent over two [...]
Fortis Insurance and American Express have announced a five-year strategic partnership to provide motor and household insurance products to American Express customer in the UK. For Fortis, the agreement follows on from a number of significant new affinity deals during 2009 and will further complement its multi-channel distribution strategy. The insurer’s UK managing director, Andy [...]
Allianz Insurance has been named general insurer of the year at the 2010 British Insurance Awards, emerging as winner from a shortlist that included Fortis, Hiscos and QBE Wesleyan Assurance Society took the “Life Insurer of the Year” title, while Swiftcover.com and Fortis Insurance UK were both acknowledged for their initiatives, in marketing and claims [...]
Aviva has announced that it is to become the new title sponsor of English rugby union’s top flight league. Under a four-year £20 million deal the rugby union competition will become Aviva Premiership Rugby, from September 2010. Announcing the partnership, the insurer’s UK chief executive, Mark Hodges, says: “Rugby is the fastest-growing participation sport in [...]
Aviva has revamped its motor trade offering, making it more flexible and providing smaller motor trade operations with the ability to restrict road risks cover to named drivers only. The improvements are accompanied by a reduction in the price and the removal of compulsory business premises cover. With affordability paramount for small motor traders, the [...]
Chaucer Syndicate 1084 has formed an energy partnership with ScandIns (Scandinavian Insurance Management Company), which was established in Norway in 2009 and has been operating as an energy underwriting representative for Chaucer Syndicate 1084, since January. The company has now received approval in the UK to act as official underwriting agent for Lloyd’s, underwriting energy [...]
Mark Littlewood, DG of the Institute of Economic Affairs, has responded to the recently published Public Sector Pensions Commission report. Littlewood has said that the report underlines the urgent need for the Coalition Government to take action on public sector pensions. He also berated the appalling lack of transparency in the area, stating that it [...]
Research commissioned by Clear Path Analysis has found that almost half (44%) of European pension schemes with less than £100m AUM are preparing for a pension buy-in or buy-out in the course of the next 12 months. Over a two month period 131 pension schemes were surveyed, with almost a third (32%) believing that schemes [...]
The British Insurance Brokers’ Association (BIBA) has won the Commercial Initiative award at the Trade Association Forum Best Practice Awards. The accolade recognises BIBA’s development of a personal travel insurance offering, created in conjunction with Tokio Marine Europe. According to BIBA, the policy has helped reshape the UK travel insurance market by providing families with [...]
Heath Lambert has announced that it has created a new specialist commercial division to be called London (Commercial). London (Commercial) will consist of an experienced team of industry based in the firm’s Houndsditch headquarters veterans, and will capture commercial business within the M25. The division’s leader will be Simon Waine, who is joined by fellow [...]
Martin South, Marsh UK’s chief executive officer, has been named Insurance Broking CEO of the Year at Reaction Magazine’s London Market Awards 2010. South was recognised in the ceremony for turning around Marsh UK, strengthening the business and acquiring HSBC Insurance Brokers. South insisted the award belonged to all his Marsh UK colleagues, adding that, [...]
