Opinion

Fraud Focus: Pros and cons of fraud law revamp

One of the central pillars of the law relating to fraudulent insurance claims is being given a much overdue makeover. The Insurance Bill is largely good news for insurers, but there will be some areas where protection is reduced.

Trade Voice: Recommendations on the Riot Act

Following the riots in 2011 there was considerable discussion in the media and with government ministers about the response of insurers, the performance of the claims industry and indeed the relevance and application of the Riot Damages Act.

Editor's comment: A taxing sting in the tail

As Benjamin Franklin said, only two things in life are certain: death and taxes. But the latest tax decision to come from the European Court of Justice has a particularly nasty sting in the tail for the UK insurance industry.

C-Suite – Broker: The journey to digital

When we’re busy dealing with the cut and thrust of day-to-day commercial broking, firmly focused on renewals and new business, it’s difficult to find the time to really think about what our jobs will look like in 10 years time.

Comment: Spontaneously combusting hay bales

The summer harvest period is a busy time of year for farmers – and consequently a busy time for the agriculture segment of the commerical lines market. Peter Thompson, divisional director at McLarens company Agrical, explains some of typical challenges…

C-Suite – Broker: Finding our digital feet

It always surprises me that in this modern age of tablets, smartphones and instant data, the full force and considerable benefits of the technological age still hasn’t hit Lloyd’s of London.

Editor's comment: Pitching to the politicians

Later this month the major political parties will hold their final conferences before the 2015 general election — providing a critical opportunity for the insurance industry to influence policy making and politics before manifestos are locked down.

Comment: Audit scope: New scope for coverholder audits

New requirements will need to be met after changes to coverholder audits were announced at the Lloyd’s Coverholder Auditors conference. Alec MacMillan, senior auditor at Triton Audit, explains what changes are in store for the sector

Editor's comment: Decision time for Scotland

There are just two weeks to go until Scotland makes a huge decision. Does it remain part of the UK and benefit from the security and opportunity the ‘Better Together’ campaign claims it gains, or does it forge its own path and break free with…

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