Politics
Next government urged to take long-term approach by industry
Industry figures have implored the next government to take a long term approach to issues affecting insurance and to resist the temptation to unpick reforms that are starting to have a positive impact.
Tackling 'skills gap' must be priority for next government says CII
The transition from education to employment must be a key focus for the next government, whatever its composition, according to the Chartered Insurance Institute.
Blog: Private sector pain for brokers part of the price of peace in Northern Ireland
It is almost 17 years to the day since the Good Friday Agreement brought an end to 30 years of sectarian conflict in Northern Ireland, yet the lasting legacy of ‘The Troubles’ continues to have a profound effect on the local economy and the general…
Political Interview: Cathy Jamieson: Bringing big ideas
In the last of Post’s political interviews in the countdown to the General Election, Cathy Jamieson, Labour Shadow Financial Secretary to the Treasury, lays out her party’s aims in government.
Corporate policyholders told to improve standards in light of Insurance Act
Corporate insurance buyers in the UK have been warned that current risk analysis standards “fall substantially short” of the compliance implications associated with the incoming Insurance Act.
In-house investigators dodge PI regulation amid deadline delay
In-house claims investigators will not be subject to statutory licensing for private eyes, according to the Association of British Insurers, which has expressed concerns that uncertainty around the introduction of PI regulation is “hindering” insurers.
DfT and industry players discuss scope of Vnuk legislation
Industry leaders are working with the Department for Transport to determine if certain vehicle classes should be taken out of European Union legislation that expands the requirement for motor insurance, amid fears of a future claims influx.
AA calls for government to back Ifed expansion amid increased CMC activity
Nearly two thirds of UK motorists have been cold-called by claims management companies in the past year, with 36% contacted more than 10 times, according to research conducted by AA Insurance.
Museums: Heritage at heart
The UK’s museums are big business, so how do administrators make sure their assets are covered in any eventuality?
Government reveals plan to make London cyber capital
The UK government today (23 March) unveiled plans to make the London market the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
Blog: Tackling flood risk now for future generations
Last winter, the misery and devastation suffered by many flooded businesses and homes starkly highlighted the need to improve flood defences to better protect properties for the future.
Flood Re regulations laid before parliament
Flood Re's secondary legislation was yesterday (19 March) laid before parliament marking the completion of negotiations with government around the scheme.
Elite offering PII to MROs as Medco minimum cover requirement is set at £1m
Unrated insurer Elite Insurance has “leapt to the aid” of medical reporting organisations that want to be considered for the Medco portal by offering professional indemnity cover.
Driverless cars commitment and reinsurance backing prominent in 2015 Budget
Chancellor of the Exchequer George Osborne has pledged £100m to the development of driverless cars in a bid to make the UK "a centre of excellence" for the technology.
Task force enlists ABI and Biba to update application fraud guidance
The Association of British Insurers and the British Insurance Brokers’ Association have agreed to update their guidance on the prevention of application fraud by the end of 2015 after being prompted by the government’s insurance fraud task force.
Improved training not the only answer, claim motorcycle insurance firms
Enhanced basic training for motorcyclists is a step in the right direction, but other changes are needed to reduce the rising number of riders killed and seriously injured in Great Britain, according to specialist motor players.
What issues top the GI industry's 2015 budget wish-list?
As Chancellor of the Exchequer George Osborne prepares to deliver his annual budget tomorrow (18 March), Post found out what the general insurance industry hopes to fin inside the famous old briefcase.
Laspo benefits questioned as industry rallies behind Aviva whiplash proposals
Insurers have backed Aviva's proposals to reduce the volume and cost of whiplash claims against a backdrop of criticism around the effectiveness of the government's civil justice reforms and aggressive tactics by third parties.
Insurers fear 'floodgates' will open if scope for psychiatric claims is widened
Insurers have expressed concern that Association of Personal Injury Lawyers proposals to broaden the scope of who is able to lodge a claim for psychiatric harm could “open the floodgates” to spurious claims.
Staff on shared paternal leave from Aon to receive enhanced pay
Aon has introduced enhanced pay for shared parental leave for all its employees ensuring that parents can receive enhanced pay in a similar way to enhanced maternity pay.
Flood campaign urges defence spending boost in Budget
The Association of British Insurers' Flood Free Homes campaign is urging government to increase spending on flood defences and maintenance ahead of the Budget announcement on 18 March.
Blog: Insurance industry fails to give help when it's needed most
Alexander Burgess asks why the insurance industry has failed to offer any solutions to the long-term care funding crisis
Government moves to £1m per claim limit in draft riot bill
Government has proposed a £1m per claim limit for riot claims in the draft Riot Compensation Bill published today.
Industry launches apprenticeship framework
A government-backed apprenticeship framework has been launched by the insurance industry which has the support of sector bodies the Association of British Insurers, the British Insurance Brokers' Association and the Chartered Insurance Institute.