Regulation
News analysis: IFB’s three-year strategy wins financial backing from insurers
The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.
Westinsure pushes ‘alliance’ angle to entice brokers
Westinsure is set to rebrand under the slogan ‘Together we are stronger’ at its exhibition in January 2012, as it looks to become the market-leading broker network.
ABI mulls development of no-claims discount register
The Association of British Insurers is considering setting up a no-claims discount register in the wake of the creation of the industry’s Insurance Fraud Register.
Aviva to axe 950 jobs as Dublin-based operation set to be dismantled
The decision to dismantle Aviva’s Dublin-based European holding company with the loss of up to 950 jobs has been blamed on “economic and regulatory burdens”.
Broking supplement - Interview Toby Esser: Expansive thinking
Toby Esser talks about striking serious deals, his acquisitive ambitions and plans to penalise paper-lovers
MoJ reaffirms ban on referral fees
Justice Secretary Kenneth Clarke has announced that the banning of referral fees will be debated in the House of Common next week and, if passed by vote, will be added to Legal Aid, Sentencing and Punishment of Offenders Bill which is currently…
Post magazine – 27 October 2011
This week the Post team reports on feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting multinational firms including Apple and Ford Motors.
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
Ruling “sting in the tail” for insureds
Michael Frisby, partner in the dispute resolution team at law firm Stevens & Bolton has commented on a test case which has opened up the possibility of legal expenses policyholders choosing their own solicitors.
Ruling puts paid to ‘cash-cow’ legal expenses insurers
A test case in the High Court has opened up the possibility of legal expenses policyholders choosing their own solicitors.
Lord Turner calls for greater FCA powers
Financial Services Authority chairman Lord Turner yesterday urged politicians to give the Financial Conduct Authority the powers to prevent the customer from being “ripped off”.
Aon Benfield proposes optimisation strategy for Solvency II
Aon Benfield claims to have developed an optimisation process for setting a consistent strategy across asset and liability risks which will support insurers to better manage their risk and capital under Solvency II.
MYI secures appointment to handle Manchester riot contentious claims
Loss adjuster MYI has been exclusively appointed to handle high-value and contentious claims against the police from the Manchester riots in August.
View from the top: Diversity dilemma
Better gender diversity will boost the industry's understanding of cultural, social and economic issues, says Nicolas Aubert, managing director, Chartis Insurance UK.
In series - Lloyd's & London Market: An eye on the future
Lloyd’s and the London market has a fantastic reputation and its inherent creativity and principle of continuous self-improvement should be feared by its competitors.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
Post magazine – 20 October 2011
This week the Post team reports on the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
FSA did not seek compensation powers
The Financial Services Authority has insisted fears it was seeking draconian power to force brokers to pay unreasonable amounts of compensation are unfounded.
InFront Innovation become first carbon neutral claims handler
Eco-friendly employees at InFront Innovation are celebrating after becoming the first UK claims handling firm to comply with the British Standards Institute benchmark for carbon neutrality.
Apil calls for clampdown on bosses who ignore workplace injuries
The Association of Personal Injury Lawyers (Apil) is calling for employers who use the incoming relaxation of some health and safety rules as an excuse to fail to report workplace injuries to face the full force of the law.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.
European insurers and US Asbestos, Pollution and Health liabilities
European insurers may not currently be focused on US Asbestos, Pollution and Health liabilities but according to John Winter they need to act now to avoid problems as Solvency II is implemented.
CEA opposes US tax proposals as barrier to European insurers
The CEA is strongly opposing Bills introduced this week US House of Representatives saying they could lead European insurers to withdraw from the US market.