Insurance News

1) Re-insurers more selective in writing business and may have a major impact on primary markets with big companies like Munich re stating that they would be more selective.

2) Barbon insurance group report an overall loss of £470,000 which was a considerable drop from if last years profit of 6.9 million

3) Both zurich Insurance and Mitsu are still looking to recruit

4) Aro looking to grow their business from Tonbridge base with Aro underwriting opening up new offices there

5) AXA is now committed to both brokers and the direct markets to sell their products

6) Professional Insurance Agents Ltd start new professional industry insurance department aiming at traditional professions.

7) Business Insurance 247 is to develop one of the first online multi quote and buy systems for commercial combined software packages

8) AVIVA, Beazley, WRB, Catlin and Hiscox are offering products such as Directors and Officers Insurance and office insurance together with Professional Indemnity Insurance via their own or other online quote and buy systems Ellie Hearsey