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Market Research Report

UK General Insurance Competitor Tracker Q2 2009

Published by Datamonitor Contact us : +1-860-674-8796
Published 2009/07 Content info 12 pages
Product code DC95523
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Description TOC

Table of Contents

DATAMONITOR VIEW

  • SUMMARY

ANALYSIS

  • Overview
  • Allianz secured a new SME broker partnership and reported growth in its UK business
    • Allianz grew its GWP by 2.7% in the first quarter of 2009
    • Allianz secured a three-year SME partnership with broker R A Cowen & Partners
  • Aviva launched Facility 110 to allow members to access the Lloyd' s market
    • Aviva launched a new replacement broker website and trading platform
    • Aviva launched Facility 110 with broker Miles Smith
  • AXA sold SBJ Global Risks and secured a travel insurance deal with Ryanair
    • AXA entered into a new partnership with Ryanair
    • Swiftcover acquired specialist personal motor claims provider
    • AXA sold its global risks arm, SBJ Global Risks
    • Underwriting agency David Oliver signed a three-year travel partnership with AXA
  • Fortis agreed to a deal with Tesco and secured a five-year deal with a new MGA
    • Fortis will underwrite home and motor insurance for supermarket giant Tesco
    • Fortis secured a five-year deal with a new MGA
    • Fortis added new products to Towergate subsidiary PowerPlace
  • Groupama introduced cognitive interviewing to curb fraud
    • Groupama has deployed cognitive interviewing techniques to tackle fraud
    • Groupama restructured its personal and commercial lines divisions
  • Liverpool Victoria is to become the sole commercial and residential property underwriter for InsureIT
    • Liverpool Victoria launched products on InsureIT
    • LV= launched a new commercial package trading website for brokers
  • Lloyds Banking Group' s brand esure is to combat fraud through the use of cognitive interviewing
    • esure deployed cognitive interviewing techniques to combat motor insurance fraud
  • RBS announced a fall in operating profits for its insurance division
    • RBSI reported a 31% decrease in operating profits in Q1 2009
  • RSA' s UK net written premium declined in Q1 2009
    • RSA reported a contraction in both its UK commercial and personal lines in Q1 2009
  • Zurich witnessed a fall in its global profits in Q1 2009 and launched a new advertisement campaign to help grow its direct business
    • Zurich launched a new advertisement campaign to help grow its direct business
    • Zurich witnessed its global general insurance profits fall by 25% in Q1 2009
  • Equity gained an affinity partnership with Santander, while Swinton announced plans to double the size of its commercial business by 2012
    • Equity signed an affinity deal with Santander
    • Swinton announced plans to grow its commercial business arm
    • JLT acquired Ingham Underwriting
    • Towergate launched Towergate Coverex

APPENDIX

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