Politics
Legal Update: Insurers need dedicated staff for cases involving 'litigants in person'
As the whiplash reforms the government is consulting on will increase the number of litigants in person, insurers need to arrange for dedicated staff to handle cases involving LIPs.
FCA publishes supervision plans for Insurance Linked Securities
The Financial Conduct Authority has outlined its proposed approach to the authorisation and supervision of Insurance Special Purpose Vehicles, which will facilitate Insurance Linked Securities business.
Hammond 'crazy' to not tackle personal injury cold calling, lawyers say
Personal injury lawyers said they are disappointed that Chancellor Philip Hammond has not outlined plans to tackle cold calling relating to personal injury.
Industry welcomes £23bn investment in innovation in Autumn Statement
Plans by the government to contribute £23bn toward tech innovation have been welcomed by insurtech firms.
London Market welcomes proposed ILS reform
The London Market has welcomed the publication by the government of draft regulations for Insurance-Linked Securities for consultation.
IPT set to rise in June, Chancellor confirms
Chancellor Philip Hammond confirmed the insurance premium tax will rise in June.
Brokers on government SME advisory panel
Insurance brokers have been given a seat on an advisory panel put together by The Cabinet Office under plans to boost government spending with SMEs.
Industry reacts to Autumn Statement
Live reactions from the industry
Insurers call for data standards on driverless cars
Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, the Association of British Insurers Annual Conference will hear today.
Government 'priority' to work with insurance industry to enhance economy
The government will continue to work alongside the insurance industry in order to prepare for market changes.
Whiplash proposals will 'take common law back to the dark ages', lawyers say
Personal injury lawyers have reacted negatively to the government's whiplash consultation, which launched today.
Insurers welcome government's whiplash consultation after MoJ u-turn
Insurers have welcomed the government’s whiplash reform consultation, which launched today after apparently being 'shelved' in October.
NAH leads calls for blanket ban on cold-calling
Over 70 organisations are calling on the government to put in place a blanket ban on cold-calling in the upcoming Autumn Statement.
Ageas' François-Xavier Boisseau calls time on IPT for telematics
It's a sad fact that road casualty rates increase around this time of year as we endure darker evenings and deteriorating weather conditions.
Pre-med settlements are routinely undercutting claimants
Accident victims are routinely offered settlements by insurance companies that are several hundred pounds lower than the amount they are awarded if the case goes to court.
Government needs a joined up approach on flooding, says IFoA
A more joined up approach is needed to tackle the long-term threat of flooding, says the Institute and Faculty of Actuaries.
Women entrepreneurs: Insurance start-ups
Five female insurance entrepreneurs give Jonathan Swift the lowdown on the start-up sector
The question of liability for autonomous vehicle claims
Tesla’s recent hack has moved the liability spotlight onto software providers
New course addresses impact of flooding on children
The British Damage Management Association has launched a new training course to improve the experience of children & young people after flooding.
Biba urges Chancellor not to increase Insurance Premium Tax
The British Insurance Brokers' Association is urging the government not to increase Insurance Premium Tax in the Autumn Statement.
Government releases report to help homeowners prepare for flooding
The government has teamed up with the insurance industry to deliver a report that will help customers better protect their homes and businesses from flooding damage.
Biba urges government to ring-fence further IPT revenue for flood defences
The British Insurance Brokers' Association is calling on the government to ring-fence extra revenue from the Insurance Premium Tax for flood defences.
State of the Broker Nation: Regulation
In the second part of Post’s research, brokers talk candidly to Michèle Bacchus about the British Insurance Brokers’ Association, the Financial Conduct Authority, the government and the European Union
QBE's Richard Pryce on why the insurance industry must seek certainty on Brexit
We all planned for it but it’s fair to say that few among us believed we would actually have to execute our Brexit contingency strategies.