Regulation
IIB calls for a fundamental review of serious FOS and FSCS issues
The Institute of Insurance Brokers has responded to the Financial Services Authority’s latest consultation document on the subject of Compensation Scheme and Ombudsman Service Limits by calling for a number of serious issues to be properly addressed,…
Allianz and Capita in insurance tie up
Allianz Cornhill Legal Protection with Capita Insurance Services, to underwrite their conditional fee insurance under their Feeguardplus 2 Scheme.
IFS boss rules out a merger with the CII
The Institute of Financial Services has poured cold water on speculation that it will merge with its...
FSA makes an example of broker
The first broker to have its permission to trade cancelled has been held up by the Financial Service...
Loss Adjusting - Taking the claims strain
A succession of unprecedented claims in 2005 saw the loss adjusting profession thrown into the spotlight. Chris Miller says they admirably stepped up to the plate
A winning streak?
Germany
Sharpening up
Payment protection
FSA backed for taking hard line on fraudulent broker
The Association of British Insurers has issued a formal response to the collapse of travel insurance broker Xsavi, which had its permission to trade removed by the Financial Services Authority, pointing out that none of its members were involved.
Aon confirms London office move
Aon UK and Canary Wharf Group today announced that they have jointly entered into exclusive negotiations regarding a potential new London office for Aon. It continues the broker's efforts to rationalise costs.
Broker goes for curling Olympic Gold
Ian MacDonald Insurance Brokers of Inverness is celebrating as one of its employees Ewan MacDonald and Team GB battle for a medal in the curling event at the 2006 winter Olympics. Team GB are considered as one of the gold medal favourites as they won 6…
FSA announces first enforced cancellation since GI day
The Financial Services Authority has cancelled Xsavi Limited's permission for failing to conduct its business in compliance with proper standards and for having inadequate financial resources. The regulator said this is the first enforcement cancellation…
PBS opens London office
Primary Broker Services has established a London office to develop opportunities locally and in the South-East.
Converium: renewal market “less favourable than expected”
Swiss reinsurer Converium has issued a renewal statement in which it expresses general satisfaction with the renewals season, but disappointment that conditions did not live up to the most optimistic post-hurricane expectations:
Exams - steps to success
With the Chartered Insurance Institute putting the finishing touches to April's written exam session...
FSA launches small-firm e-learning
The Financial Services Authority has launched an e-learning package, designed to help small firms wo...
Brokers finalise credit case
The Institute of Insurance Brokers has taken another step in its drawn-out battle against the exposu...
Recalls of dangerous consumer goods doubles
The number of reported European recalls of dangerous and faulty consumer goods more than doubled las...
SVB in non-Bermuda shocker
The news that Lloyd's insurer SVB is looking to launch a UK-regulated company must be music to the e...
Date confusion clarified
Aer Lingus v Gildacroft and Sentinel Lifts (Court of Appeal - 17 January 2006)
Major brokers to face FSA fee hikes
Medium-sized brokers face Financial Services Authority fee increases of more than 10%, the regulator...
New SVB insurer plan set to halt UK exodus
SVB has stressed that it has no plans to replicate the branch network structure of former subsidiary...
Healthcare and diet to blame
It is interesting to note that, in France, where smoking is endemic, and the thought of a smoking ba...
Off to a flying start
A year after his appointment, Nick Starling tells Lynn Rouse why he has not had to kick down doors to make his voice heard
Recall insurance demand surges
The number of reported European recalls of dangerous and faulty consumer goods more than doubled last year, according to the latest European Commission figures analysed by PricewaterhouseCoopers LLP. There has also been a significant increase in the…