Broker

Insuring Santa - A broker's conversation

Mr S Claus is trying to arrange comprehensive insurance cover regarding his large children's toy manufacturing arm, as well as worldwide freighting. His broker is struggling.

Broker banned by FCA for failure on client money

Insurance broker Vroni O’Brien has been banned by the Financial Conduct Authority from undertaking any functions of “significant influence” after it was found she transferred money incorrectly between business and client accounts.

Contracting out of the Insurance Act 2015

The Law Commission has consulted with the insurance market over eight years prior to the Consumer Insurance (Disclosures and Representations) Act 2012 and the Insurance Act 2015. Both Acts were based on the market's view of best practice.

AA disputes Storm Desmond will lead to home premium hike

AA Insurance does not expect claims from Storm Desmond to result in widespread home insurance premium increases because the expected £250m of claims from the event are below the £1bn of claims needed to trigger across-the-board increases.

Ex-Zurich UK boss Smith joins Lockton as NED

Former Zurich UK general insurance CEO Dave Smith has joined broker Lockton Companies as a non-executive director advising the boards of Lockton and its managing general agency Mapledown Underwriting.

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