Daily Insurance Industry News
 
 
Daily Insurance Industry News
Saturday 21st of July 2018
June 25, 2009

Fortis tipped for Tesco insurance deal

by David Masters

Story link: Fortis tipped for Tesco insurance deal

Belgium-based Fortis has emerged as leader of the pack of insurers vying for the contract to manage Tesco’s motor and home insurance businesses. According to the Telegraph, Fortis is in ‘advanced’ talks to agree an insurance partnership with the UK’s largest retailer. Tesco admitted earlier this week that it is reviewing its long-standing insurance arrangement […]



June 22, 2009

Banco Santander and Equity sign affinity agreement

by Richard Kilner

Story link: Banco Santander and Equity sign affinity agreement

An affinity partnership agreement has been signed today by Equity Direct Broking Limited (EDBL) and Santander Insurance Services UK (SISUK), part of Banco Santander. The new motor insurance policy (Santander Car Insurance) is to be aimed at Abbey customers, and offers free breakdown coverage. Abbey is one of several British banks the Spanish banking giant […]



June 8, 2009

AXA teams up with Ryanair on travel insurance

by Gill Montia

Story link: AXA teams up with Ryanair on travel insurance

AXA Travel Insurance, part of the AXA Assistance Group, has secured a five year partnership with low cost airline, Ryanair, which expects to carry 67 million passengers this year. The agreement will take effect in September 2010 when the insurer will provide Ryanair passengers with single-trip, multi-trip and annual travel insurance policies via the Ryanair […]



May 20, 2009

Amlin and Vega team up

by Richard Kilner

Story link: Amlin and Vega team up

Amlin Underwriting Services has teamed up with Oslo-based underwriting firm Vega Insurance Management AS to provide the Nordic region with marine hull & machinery and offshore energy risks underwriting support. Hans Terje Anonsen and Terje Adolfsen founded Vega three years ago, and the pair will utilise their extensive knowledge of the region to find marine […]



May 18, 2009

BGL launches personal accident cover

by Gill Montia

Story link: BGL launches personal accident cover

Personal lines broker, BGL Group, has expanded into personal accident cover. The firm has developed the new offering in partnership with Avon Insurance and will be marketing it across all brands, including Budget, ibuyeco, Quote Mart and Dial Direct. Cover will also be available via partner brands of the firm’s affinity arm, Junction, in the […]



April 20, 2009

Allianz Commercial agrees SME tie up with R A Cowen

by Gill Montia

Story link: Allianz Commercial agrees SME tie up with R A Cowen

Allianz Commercial has announced a three-year tie up with R A Cowen & Partners, which names the insurer as principal provider for the broker’s SME book. The partnership is expected to generate significant premium income for Allianz, which will underwrite risks on the Midlands-based firm’s small business product offering. The deal follows similar agreements made […]



December 1, 2008

Pacifica and Sicli form fire prevention partnership

by Richard Kilner

Story link: Pacifica and Sicli form fire prevention partnership

Crédit Agricole Assurances’ property and casualty insurance arm Pacifica has teamed up with Sicli, fire detection and extinction solutions provider, to cater to the fire-related risk needs of insured professionals. Under the partnership Sicli’s broad range of solutions will become fully available to farmers, craftsmen, retailers and independent professionals insured with Pacifica. These include an […]



October 14, 2008

New equity release partnership is good news for diabetics

by Richard Kilner

Story link: New equity release partnership is good news for diabetics

The launch of an equity release partnership has been announced by independent insurance broker Heath Lambert Group, independent equity release adviser Key Retirement Solutions and Diabetes UK. Diabetes UK, which is the largest British organisation to support those suffering from the illness, is to be the first partner to benefit from the new release by […]



September 30, 2008

Partnership launches annuity aimed at smokers

by Gill Montia

Story link: Partnership launches annuity aimed at smokers

Partnership Life Assurance has launched a new annuity aimed at smokers. The product offers people aged 60 to 65 who have smoked at least ten cigarettes a day for ten years a monthly income Purchased Life Annuity that pays an average of 6.5% per annum. Those aged over 65 with a lump sum to invest […]



September 25, 2008

Hiscox and Congregational enter strategic partnership

by Richard Kilner

Story link: Hiscox and Congregational enter strategic partnership

International specialist insurer Hiscox and Congregational & General Insurance have agreed to embark upon a strategic partnership together. The move will initially involve a co-insurance arrangement for Congregational’s household account. As time goes by the agreement will progress and take on other products and services. Congregational’s MD, Carlo Cavaliere, has commented on the deal, stating […]



July 1, 2008

Open GI form partnership with Optilead

by Richard Kilner

Story link: Open GI form partnership with Optilead

Open GI and Optilead, lead optimisation specialists, have reached an exclusive agreement to help brokers bolster their online conversion rates. Optilead is a real-time platform specifically created for the insurance market as a lead optimisation and management solution. It permits brokers to follow up online quotes immediately through utilising Open GI’s eBroker and eAggregator simply […]