Online terror cover
Hiscox has unveiled a broker system providing £16m of instant terrorism cover for US clients.
Despite hopes that the system would plug the gap left after 11 September s …
Online terror cover
Hiscox has unveiled a broker system providing £16m of instant terrorism cover for US clients.
Despite hopes that the system would plug the gap left after 11 September some analysts were disappointed by the lack of cover for metropolitan areas.
The Terrorism Insurance Extranet will provide online policies within ten minutes, which Hiscox predicts will address the growing risk faced by businesses.
The extranet underwriting facility will enable brokers to deliver instant quotes and policies. Hiscox expects the solution to cut brokers' costs.
Upholstery scheme
The Soft Furnishers and Upholsterers Network has launched a pilot scheme to speed up the assessment and repair of upholstery.
Following eight months of negotiations with insurers and the Association of Master Upholsterers (AMU), the network has finally agreed a deal with Lloyds TSB Insurance to improve the assessment and repair of upholstery claims.
The service offers a call centre with immediate access to qualified upholsterers in any given area, professional tradesmen can be rapidly deployed to assess a claim, provide a comprehensive report to the insurer and effect the most appropriate and cost effective solution.
Carole Nash jobs
UK motorcycle insurance specialist Carole Nash is recruiting 70 staff to expand the company.
The Altrincham firm is filling new posts and existing vacancies within its sales and customer service departments. The move follows a sustained growth within the company.
Women's cover
Specialist insurance intermediary Fresh! Insurance has launched the first in a line of specialist motor insurance products - Ladybird Insurance.
Ladybird is aimed at women aged between 17 and 35, recognising that women are mostly a better risk than men.
