Friday, 11 January 2013

Insurance Times - 11th January 2013

- R&Q are on the move again with yet another purchase and buys a Isle of Man Capture Hickson.

- Professional Insurance Agents key development directors Kelly Fyfe and Ellie Hearsey fly out to Riga next week to negotiate Online Multiquote and Buy platforms with 7 different Eastern European countries. The platform will offer mainly Commercial Lines insurances such as Professional Indemnity Insurance, Directors and Officers Insurance and Commercial Combined covers but are adaptable for domestic insurances such as car, home and travel.

- With the recent piracy by Somalians the last thing the insurance industry wanted was another area where piracy caused problems but according to recent figures Nigeria has now become a higher risk area.

- The broker Beaumont's has now received chartered status from the CII.

- AXA has recently topped the list of the worlds biggest insurer.

- Business Insurance 24 7 has negotiated a deal to sell Office and Shop Insurance from 2 leading suppliers on its online Multiquote and Buy platform.

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