Products
Products: Aspen tackles underinsurance while NIG rolls out property owners product
Two insurers have targeted the property owners market recently. Aspen Risk Management highlighted that a key benefit of its new product was that it provided practical help in dealing with the growing issue of underinsurance.
Product roundup: Insurers target property owners market
Insurers have been keen to target property owners in the past month, offering up two new additions to brokers’ repertoires.
LMI launches free online risk management service
Liberty Mutual Insurance (LMI) has launched a free online risk management facility for its policyholders.
FSA publishes new rules on packaged accounts
Banks and building societies will have to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account under new rules published by the Financial Services Authority (FSA).
BLG launches solar insurance product
Building and Land Guarantee (BLG) has launched Solar Shield, a new warranty designed to cover companies installing solar panels on their roofs.
Prime Professions reveals PI tie-up with Axis Speciality
Prime Professions has teamed up with Axis Speciality to offer private indemnity (PI) insurance to sole practitioners and small firms.
Macmillan Sheikh delivers unoccupied property insurance scheme
Macmillan Sheikh has launched a scheme for unoccupied commercial and residential properties designed to offer cover to premises which are for sale, to let, undergoing renovation or in probate.
RSA in partnership with John Lewis
RSA has been appointed to provide pet, wedding and event and home insurance for John Lewis Insurance.
Bollington expands into medical devices sector
Bollington has confirmed that it is targeting business in the life sciences sector specifically aimed at the medical devices area with a twelve-strong team.
R&Q MGA targets high net worth expansion
Synergy Insurance Services has expanded its product range having secured new capacity providers.
Commercial Express rolls out complex risk product for brokers
Commercial Express has rolled out its commercial combined facility to all brokers as it seeks to boost its policy offering for more complex risks.
LV Broker snapped up to EIP schemes motor panel
LV Broker has been appointed to the schemes motor panel of Equity Insurance Partnerships (EIP), the UK affinity business of Insurance Australia Group.
JLT and AmTrust Europe target solicitors with PI service
JLT has teamed with AmTrust Europe to launch a sole practitioners professional indemnity (PI) insurance service to boost choice and flexibility.
NIG rolls out SME property product after successful trial run
NIG has launched its SME-focused Essential Property Owners (EPO) product to the wider broker market.
AFL launches cyber risk awareness service
AFL Risk Consulting has launched a cyber risk assessment service to boost brokers' and their clients' awareness of potential online and IT exposures.
Biba predicts telematics sales to hit 500,000 in two years
Research from the British Insurance Brokers’ Association (Biba) has revealed that ‘black box’ motor insurance sales have increased five-fold in the last two years.
Beazley pairs with Logica to launch cyber-security cover
Beazley has partnered with Logica to launch a new form of cyber-security insurance.
e-Underwriting teams up with Acturis
e-Underwriting, the new division of OIM Underwriting, has launched a property owners’ insurance product on the Acturis platform.
Ace and RAC in travel insurance partnership
Ace Group has entered into a deal to provide travel insurance under the RAC brand in the UK.
Yutree and ProSight in SME deal
Yutree Underwriting has partnered with ProSight Specialty Insurance to provide its employers’, public and products liability and contractors’ all risks policies in the SME market.
Assurant extends product range to legal expenses
Assurant Intermediary has launched a new legal expenses policy.
Equity rolls out mini fleet product
Equity Red Star has launched SME Protect, a mini fleet product targeting family run businesses and small enterprises operating fleets with two to ten cars or commercial vehicles.
New HNW provider targets broker market
Aurum Underwriting which writes high net worth (HNW) and specialist vehicle cover through intermediaries has begun trading with brokers ahead of a full UK roll-out later this year.
LFC and Axa in PI link-up
LFC Insurance Group has announced a new exclusive professional indemnity (PI) facility with Axa.