SME
Expertise-in-Action: Claims fraud - Contagion
Despite the insurance industry's valiant efforts, fraud is spreading through the market place like a virus. What can be done to stop the rot?
EIP and Costco launch van insurance scheme to SME market
Equity Insurance Partnerships and Costco Wholesale have launched a new van insurance scheme which is designed to target Costco’s SME customer base.
QBE backs manual handling campaign for construction
QBE has lent its support to an initiative from charity Backcare and manual handling experts Pristine Condition to reduce injuries in the construction industry.
Cooter targeting brokers in Covéa commercial lines relaunch
Covéa is planning to corner the difficult commercial lines market by winning over brokers through building closer relationships.
Simplyhealth targets SME market with PMI product
Simplyhealth is targeting small to medium sized businesses with a new private medical insurance proposition.
Zurich study highlights shift in risk attitudes among SMEs
Small and medium sized businesses in the UK are being forced to significantly adapt their attitude and approach to risk, resulting in a clear division between “winners and losers”.
Brokers can trade completely online with Allianz Commercial offering
Allianz Commercial has launched a full-cycle business model which will enable brokers to trade completely online.
Kidnap & Ransom: Forewarned is Forearmed
With instances of kidnapping for ransom on the rise in certain parts of the world, it’s more important than ever for firms to ensure they have adequate cover.
Aviva ceases to write SME PI as part of ‘tough action” on unprofitable lines
Aviva is ceasing to write professional indemnity insurance for SMEs as part of a bid to “take tough action on lines of business that are not delivering profitable returns”.
Axa uses £250k investment to boost community broker offering
Axa Commercial Lines and Personal Intermediary has increased the number of account managed brokers at its Bolton national trading centre from 100 to 1000 following £250 000 investment.
Career development: Stress due to poor economic climate takes its toll on Britain’s SMEs
Stress had a noticeable impact on businesses in 2012, according to more than two-fifths (42%) of senior managers from small and medium-sized businesses surveyed for Zurich’s latest quarterly SME Risk Index.
Digital Insurance Strategies: Online insurance fails to take off for SMEs as customers are ‘not quite ready’
Take-up of online insurance remains stunted among small and medium-sized enterprises, according to a panel of speakers at Post’s Digital Insurance Strategies conference.
Allianz lands Barclays commercial deal
Barclays has selected Allianz as the provider of commercial SME products for its UK customers.
The Broker Business Club: Thinking big about SME
The final Zurich Broker Business Club of 2012 drew together a panel of experts to discuss the challenges facing brokers in the SME market.
DLG improves combined ratio to 99.2%
Direct Line Group has reported a 9.3% rise in operating profit for ongoing operations to £461.2m (2011: £421.9m) including an underwriting profit of £28.2m compared to a loss in 2011 of £72.3m and a combined operating ratio of 99.2% (2011: 101.8%).
LV boss O'Roarke calls for "sanity" in 2013 motor market
LV general insurance managing director John O’Roarke is hopeful that "sanity" will be restored in the personal lines motor market in the year ahead and is predicting falling rates to pick up.
Zurich launches corporate accident and business travel product
Zurich has launched corporate accident a business travel policies available for business of all sizes, from SMEs to multinational corporations.
View from the Top: Where is the love?
Survey peddlers should be off the Valentine’s card list as they predict doom and gloom
Oliva provides product protection via DNA
Lumley Jacobs is to supply forensic coding to protect Oliva Underwriting’s plant and SME customers. The product will be used to protect contractors plant, tools, and SME office equipment.
16% of SMEs fear collapse in 2013: Zurich
More than 15% of SMEs perceive themselves to be at high risk of going out of business this year according to a survey by Zurich and YouGov.
In Series: Outsourcing - Clear the decks
Having underwriters carry out administration tasks wastes time and doesn't make business sense, says Paul Firkins.
LV teams up with Risk Stop on SME surveys
Risk Stop has secured a three-year deal with LV to provide the insurer's commercial policyholders with questionnaires designed to assess SMEs' risks.
R&Q launches first-party Lloyd's syndicate
Scor and XL have backed new £77m capacity Lloyd's syndicate launched by Randall & Quilter that will begin underwriting on 1 January.
Corporation tax cuts are 'encouraging', says RSA SME boss
RSA has applauded government plans to cut corporation tax to help struggling small and medium-sized businesses.