All Insurance Times articles in Issue 08-11-2007 – Page 2
-
Backchat
Hamster caged with death bikes
What is the best thing to do to reduce your life insurance premium after narrowly surviving a 288mph crash in a rocket-powered car? If you’re Top Gear’s Richard “Hamster” Hammond, stand in the middle of the Cage of Death at the MPH roadshow. The cage is a rusted steel orb ...
-
News
Layton Blackham bid to be largest network
Layton Blackham Business Solutions (LBBS), the broker network owned by AXA, unveiled ambitious plans this week to become the leading network within three years. The network, which has 50 members, is looking to take on the likes of Broker Net-work to grow to 200 members. LBBS is targeting brokers of ...
-
News
AXA’s Leicester office faces axe and job cuts
AXA is considering whether to close its Leicester branch office and put up to 25 jobs at risk because of “significant changes” in the broker market.The insurer said that issues including consolidation, e-trading and an increase in networks had given it no choice but to discuss the future of its ...
-
News
AXA to offer online measure of carbon footprint
Scheme could lead to reduced premiums for greener companies
-
News
MPs in last ditch attempt to force U-turn on plaques
Government refuses to overrule Lords’ judgment as pressure builds
-
News
London’s assets to face increased flood exposure
Broker Network chief executive Grant Ellis is touring the country in a bid to retain members shaken by consolidator Towergate’s impending takeover.Ellis and his senior team are visiting six regions around the UK after fears that members were ready to leave when the company accepted Towergate’s £95m cash offer to ...
-
News
Analysts warn of job cuts over credit crunch
n Hundreds of broker jobs threatened as weak dollar and credit crunch squeeze sector
-
News
New direct insurer aims high
A new direct insurance provider has entered the scene with the goal of becoming the top personal lines player by 2010.Insurewithease.com will go live on Monday offering travel and pet products on a strictly online basis.Operations director Jack Harris said the plan was to expand the portfolio to include household ...
-
News
Aggregators play down effects of VAT ruling
Aggregators are down-playing concerns that a recent VAT tribunal ruling could leave the price comparison insurance market with a massive tax bill.Traditionally, aggregators have been exempt from VAT on the commission and fees received from listing insurers on their panels. But a ruling last week removed the exemption from aggregator ...
-
News
The Queen’s speech: climate change agenda
The government unveiled its 2008 agenda in the Queen's speech on Tuesday.This included a Climate Change Bill, setting targets for the reduction of carbon dioxide emissions, and an Energy Bill to encourage private investment in nuclear power stations and offshore gas supply. The Queen's speech also included a Planning Reform ...
-
News
Lucas Fettes looks to sell after co-founder retires
Managing director confirms company is seeking a larger consolidator partner
-
News
NIG underwriting chief for ABC
NIG underwriting director Mike Crane will join ABC Insurance in the New Year.Crane will take up the role of head of broker underwriting at ABC, LV’s broker distribution brand. The company expects him to join early in 2008, but a date has not yet been set. A spokesman for the ...
-
News
Oval ends speculation as Allianz takes 10% stake
Oval has confirmed that Allianz has taken a 10% stake in the company, putting an end to weeks of intense speculation.The broker said that Allianz’s involvement would strengthen its ability to complete acquisitions, while allowing existing share-holders to make minor reductions in their holdings. Oval chief executive Philip Hodson said: ...
-
Backchat
A twist of lemon for insurer
A lemon is not something one normally would want to associate with their vehicle.As such, Backchat watched with amusement this week as new personal lines insurer, Insurewithease, used the citrus fruit with a bad rap to launch its brand.Sources say the company was hoping the bright yellow would distinguish it ...
-
News Analysis
Buying into the legal process
The Legal Service Act received Royal Assent this week and the insurance industry is gearing up to take advantage of it. Sarah Kennedy reports
-
Backchat
No cover boasts of Facebookers
Claims investigators take note: social networking site Facebook has a group for people who crash cars while driving without insurance.The page, entitled “Anybody who wrote off any cars/drove with no insurance”, asks potential members to provide details of the car and the accident and how long the driver was without ...
-
Backchat
Badger makes a claim
Another, possibly apocryphal, tale of a customer service cock-up arising from an offshore call centre has come to light. This time, a policyholder was involved in a minor car accident, hitting a badger while driving.The driver made a claim for the damage – to his car, not the badger. ...
- Previous Page
- Page1
- Page2
- Next Page
