Brokers
BIBA and Intact launch Start-Up Hub for aspiring UK brokers
The hub covers Direct Authorisation or Appointed Representative routes, FCA expectations, business planning and operational considerations.
Topic
Brokers
Brokers
Hot-works precautions in liability wording are absolute, High Court rules
A negligent slip on a listed fire precaution can defeat cover under a QBE contractors' liability policy, a judge found in a preliminary ruling. Whether the roofer actually breached the condition is still to be decided.
Motor
Avios Insurance adds car cover with Allianz, Ageas and Covéa panel
IAG Loyalty says British Airways Club members collect 20 Avios per pound on car policies until 27 November, then 10.
Brokers
Delegance bets on a flat 5% broker fee in place of commission
The New York start-up, which has raised $3.1m, gives different commission benchmarks in its funding release and on its own website.
Brokers
Brokers Alliance opens agency book data to AI assistants with MyAdvisorData
Partner agencies can ask their own AI assistant where a case stands, with every answer carrying the date the record was read.
Brokers
Marsh index shows UK commercial insurance rates fell 8% in Q3
It was the eleventh straight quarterly fall for UK rates, with property down 11% and cyber down 7%.
Brokers
Vertafore adds Velocity Coach Agent to AMS360 and Sagitta for agencies
Vertafore says the agent cut the time staff spend finding answers by up to 88% in internal testing.
Brokers
NBS makes professional indemnity cover available to brokers on Recorder
Brokers can send professional indemnity risks from Recorder straight into NBS, which keeps its own questions, rating and underwriter review.
