Schemes – Page 6
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Analysis
What broker schemes are proved to be most profitable in 2022?
Although one line of business is head and shoulders above the rest in terms of boosting brokers’ schemes-based commission, the Covid-19 pandemic is still having an adverse effect on some schemes’ popularity and uptake
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Sponsored Content
Schemes partnerships build opportunities in a changing market — Travelers
Jonathan Forster, SME distribution director for Travelers Europe, discusses why it is key to find – and be – the right broker partner
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News
Flood Re reveals ‘Build Back Better’ scheme
Initial particpating insurers include NFU mutual, Aviva, Ageas, Lloyds Banking Group and LV= General Insurance
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News
New insurance scheme launched for talking professionals
The scheme aims to ‘streamline’ several profession specific risks
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IT Interview
Sarah Mallaby: Partnering with brokers on schemes is ‘a real bright spot’ for Axa UK
The insurer wants ‘to work with all brokers’, according to its distribution and trading director
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News
Ecclesiastical promotes internally for new UK schemes development manager
The insurer has ‘ambitious growth plans for the schemes space’
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Analysis
In Focus: Are broker schemes the answer to professional indemnity cover challenges?
Industry experts debate whether broker schemes could solve professional indemnity insurance’s (PII) woes after SchemeServe revealed PII schemes netted brokers the most income between 1 April and 31 September 2021
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Analysis
In Focus: How broker schemes are navigating the FCA’s fair value focus
The regulator’s pricing reform, which includes product governance requirements, raises industry questions about whether broker schemes offer fair value to customers
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Sponsored Content
Allianz broker apprentice scheme continues to deliver for brokers
The Allianz Broker Apprenticeship Programme, co-created with training specialist Davies Learning Solutions, receives positive feedback from participants…
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News
Film and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’
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News
Flood Re chief exec urges focus on ‘Build Back Better scheme’ as ‘resilience is not being prioritised’
Homes need to be built ‘in the right place and in the right way’ to help make them ‘more resilient to rising temperatures and an increased risk of flooding’
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Analysis
What are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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Sponsored Content
A brokers guide to implementing a successful scheme
Brokers are a critical influence on the evolution of the UK’s insurance market. With an eye for spotting new client groups, they are always looking for ways to provide tailored solutions to meet client’s specific needs…
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News
Brokers call out ‘conflict of interest’ in delayed government-backed £750m live events reinsurance scheme
Concerns over a ’conflict on interest’ has been raised by several brokers in the market
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News
Lloyd’s broker launches two new music and live events schemes
The insurance solutions will support freelancers and those working in the festival industry
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News
Biba and MGA launch new scheme to support the media and entertainment sector
Creating the new insurance scheme was a ‘direct result of member requests’ following a challenging 2020
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Latest
Aviva announces £900m bulk annuity deal with Kingfisher Pension Scheme
Aviva announces it has completed a £900m bulk purchase annuity transaction in July, with the Kingfisher Pension Scheme. Kingfisher plc is a British multinational retailing company headquartered in London, which manages brands including B&Q and Screwfix
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News
Insurance industry backs government’s live event reinsurance scheme in partnership with Lloyd’s
Several syndicates in the Lloyd’s market, including Arch, Beazley, Dale Underwriting, Hiscox and Munich Re, are supporting the initiative
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News
Towergate and SchemeServe launch online quote and buy property owners’ scheme
Brokers will be able to access combined commercial and property covers to quote and insure up to 200 properties under the same policy
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News
Q&A: Travelers weigh in on building successful scheme partnerships
Jonathan Forster, Travelers SME distribution director tells Insurance Times about the value of schemes partnerships for brokers and insurers