Articles by Callum Brodie
Trio handed panel roles to provide challenge to FCA policy
Three new chairmen have been appointed to the independent panels representing regulated firms which lead the process for constructive challenge of the Financial Conduct Authority’s policies and practices.
Biba and Marsh to join the flood debate at Efra evidence session
The British Insurance Brokers’ Association and Marsh have been invited to give evidence at tomorrow’s Environment, Food and Rural Affairs Committee meeting on flood insurance provision, after a previous evidence session was adjourned.
SRA publishes authorisation guidance in push for ABS streamlining
The Solicitors Regulation Authority is aiming to streamline the process for both alternative business structures and recognised bodies, having published new guidance about applying for authorisation.
Crash for cash family who sent local premiums soaring receive jail time
Seven members of a family who ran a multi-million- pound cash for crash scam that sent the motor premiums of residents who lived in the same village soaring have appeared at court.
North West law firms considering closure in light of reforms
The impact of government reform geared towards driving down the cost of insurance premiums has resulted in a growing number of specialist personal injury law firms in the North West considering closing their businesses.
Lark posts strong 2012 results following Groupama MBO
The Lark Group increased turnover by 10.2%, reaching £23.7m in its first set of financial results following the completion of the management buy-out from Groupama.
Fraudulent claims prove tempting for motorists, says Go Compare
More than 6% of motorists surveyed by Go Compare said they would consider making a fraudulent insurance claim if the opportunity presented itself.
AA Insurance boss puzzled by timing of Transport Committee inquiry
AA Insurance director Simon Douglas has raised questions over the timing of a Transport Select Committee inquiry calling for evidence on reducing the number and costs of whiplash claims.
Brokers herald White appointment as making 'perfect sense'
Broking bosses have thrown their support behind newly appointed British Insurance Brokers’ Association chief executive Steve White, with many describing the selection as making “perfect sense”.
Transport Select Committee seeks further whiplash feedback
The Transport Select Committee has responded to debate triggered by the Ministry of Justice’s whiplash consultation paper by calling for evidence on reducing the number and cost of whiplash claims.
Willis Networks and Aviva confirm panel split
Willis and Aviva have mutually agreed that Aviva’s participation as an insurer panel member for Willis Networks will not be renewed upon expiry of the current agreement on 31 December.
Ex-Broker Network boss Gladwell joins Paymentshield
Paymentshield has appointed Lee Gladwell as interim proposition director, with the move coming as the insurance provider prepares for a number of strategic developments in 2013.
Mass warns against red tape resulting from medical panels
The Motor Accident Solicitors Society has backed in principle proposals put forward by the Association of British Insurers calling for accredited medical experts to assess whiplash injuries.
Zurich claims boss champions further RTA fixed cost reductions
Zurich’s casualty claims director believes reduced fixed recoverable costs for the Road Traffic Accident scheme could potentially be halved if a further consultation was to be given the go ahead.
Westinsure boss Erwin mulling over appeal on 20% tax ruling
Westinure is considering an appeal against a ruling upheld by the First-tier Tribunal stating that broker networks that provide better deals via larger insurers must charge members full UK VAT at 20%.
FTT ruling triggers 20% tax implications for brokers
Networks that enable broker members to gain access to better terms with larger insurers must charge full UK VAT at 20%, the First-tier Tribunal ruled yesterday.
McManus charged with driving forward business as Giles takes up US role
Giles Insurance executive chairman Chris Giles is to become non-executive directive of Expectrum, the holding company of Giles Insurance and Ink Underwriting.
HIB reaps rewards of Acturis IT tie up
Independent firm Henderson Insurance Brokers has reported business benefits including higher volumes of e-traded business and improved internal efficiencies, after going live on the Acturis system.
Loop Insurance hires Whitham as entertainment boss
Bridge Insurance Brokers is eyeing a period of expansion within is recently launched creative industry division Loop Insurance.
Britannia Rescue secures Nationwide road rescue contract
LV component Britannia Rescue has been appointed by Nationwide Building Society to provide breakdown cover to customers of its newly launched fee paying current account ‘Flex Plus’.
RSA director Sime to quit this summer
RSA sales and strategic relationships director Chris Sime has signalled his intention to leave the firm where he has spent the past 25 years.
Market Moves: Ex-pro footballer among notable new recruits in busy week across industry
The past week produced an even recruitment spread across the industry, with the usual flurry of hires within the broking sector headed by two regional appointments at Bluefin. These were complemented by additions at firms representing the loss adjusting,…
BMS plotting 10% growth this year, following profitable 2012
Independent broker the BMS Group has today released a 2012 trading update showing revenues in excess of £63m, up 20% on 2011.
Driving without insurance conviction sparks 131% premium increase
Motorists caught driving without insurance can expect to see their premium rise by 131%, an increase that is higher than those triggered by any other driving conviction.