Alternative Business Structures (ABSs)
Foil seeks collaboration with industry specialists in bid to maintain relevance
Association proclaims ‘important step for industry harmonisation’
Motor insurance market reviews plans ahead of legislation and slowdown
Direct Line Group is primed to "execute a range of strategies" depending on how changes to the legal landscape play out next spring, according to the insurer's chief executive Paul Geddes.
LDC takes 22.5% stake in Keoghs
Private equity investor LDC has invested in Keoghs, taking a 22.5% shareholding, after the law firm was approved for an alternative business structure.
Lyons Davidson awarded ABS licence
Lyons Davidson has had its alternative business structure approved by the Solicitors Regulation Authority.
BGL Group to target Brazil, India and Turkey as it seeks to widen footprint
Compare The Market parent BGL Group is eyeing opportunities to extend its aggregator reach into Brazil, India and Turkey, according to chief executive Peter Winslow.
Personal injury specialist rebrands as Pudsey Legal after being given ABS status
Leeds-based personal injury specialist Kayes Solicitors has revealed that as of 1 November it will become one of the first alternative business structures in Yorkshire.
SRA publishes referral fee ban consultation paper
The Solicitors Regulation Authority published a consultation paper this afternoon on the ban of referral fees in personal injury cases.
Interview: Dominic Clayden - not shaken or stirred
Aviva's UK GI claims director Dominic Clayden has been at the forefront of many claims battles over the past 15 years. He talks to Post about the upcoming civil justice reforms and the issues currently affecting the insurance industry.
DLG to apply for alternative business structure
Direct Line Group is to make an application to have an alternative business structure later this year in a bid to boost customer choice.
Post magazine - 4 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Saga teams up with Parabis to offer legal services
Saga and Parabis have extended their partnership to offer a range of legal services, while Saga waits for the Solicitors Regulation Authority's decision on its own alternative business structure application.
Post magazine - 20 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Alternative Business Structures: a blueprint for change?
Despite the possibilities presented by Alternative Business Structures, there has been only a muted response from the insurance industry thus far.
Keoghs secures investment as it waits for ABS licence
Law firm Keoghs has confirmed rumours that it is in the process of becoming an alternative business structure.
Whiplash still on the agenda insists MoJ, as consultation delayed again
The Ministry of Justice has confirmed that the promised consultation on whiplash remains on its agenda, despite being delayed as a consequence of last week's government reshuffle.
Parabis Group obtains ABS licence
Parabis Group has become the first private equity-backed firm to be granted an alternative business structure licence by the Solicitors Regulation Authority.
Axa CEO Evans hits back at U-turn criticism as he reveals telematics delay
Axa UK and Ireland CEO Paul Evans has hit back at criticism that he has performed a U-turn by bringing the personal and commercial broker businesses back together again under Amanda Blanc.
Interview: Rob Terry: tackling the problems
Approaching insurance from a technological background, Quindell’s Rob Terry is looking to tackle the dysfunctional motor market and shake up the status quo
Editor's comment: Anti-climaxes and last laughs
Based on the column inches of coverage generated by alternative business structures since their advent was announced, the revelation that a mere seven firms have secured such status in a full six months smacks of anticlimax.
Post magazine - 28 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
SRA boosts ranks as ABS demands outstrip forecast
The Solicitors Regulation Authority has urged companies interested in converting to an alternative business structure to contact them before setting out business plans, after being flooded by expressions of interest.
Quindell extends Silverbeck agreement
Quindell has broadened its partnership with Silverbeck Rymer to offer a joint outsourcing personal injury product to the UK claims market.
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
Transport Select Committee seeks to clear up transparency
The Transport Select Committee's reports on motor insurance have proved contentious, with calls for transparency not resonating with insurers. Will the 13th report clear things up?