Politics
Apprentice employers to benefit from National Insurance cuts
Employer National Insurance contributions for apprentices below the age of 25 are to be abolished, Chancellor of the Exchequer George Osborne announced in today's Autumn Statement.
Biba outlines spending priorities ahead of Autumn Statement
The British Insurance Brokers' Association has set out its spending priorities for the forthcoming Autumn Statement highlighting apprenticeships, flood defence spending and Insurance Premium Tax relief on telematics products for young drivers as its…
ABI 2014 Motor Conference round-up
All the big stories from the ABI motor conference.
ABI boss Evans urges fraud task force to take on CMCs
The Association of British Insurers has joined member firms in welcoming the government’s decision to launch a fraud task force, but claimed it must tackle claims management companies if it is to be deemed a success.
C-suite - Broker: A bright new age for forecasting
A new Met Office supercomputer could provide more accurate models for insurers
CMCs face new regulation after MoJ sets up Hertzell-led fraud task force
The Law Commissioner David Hertzell, pictured, is to chair a new government fraud task force that could lead the way for greater regulation of claims management companies.
MP moots option of second CMA review into motor insurance
A Conservative MP has raised the prospect of a second Competitions and Market Authority review into the motor insurance sector after the next election.
Legal Update: Autonomous Vehicles: Motor evolution is imminent
Nick Rogers explores the coming changes to insurance that driverless cars will bring
Biba moots several changes to Insurance Bill
The British Insurance Brokers' Association has recommended a number of amendments in its written evidence to the Insurance Bill including around the disclosure of confidential information.
Biba launches sharing economy guide
Aon, Higos, Bluefin and Towergate are among the brokers that have signalled they can place risks for businesses operating within the sharing economy, according to the British Insurance Brokers' Association.
Counter-Terrorism Bill to go to parliament tomorrow
Home secretary Theresa May cited UN estimates that ransom payments raised up to £28m for militant group the Islamic State of Iraq and the Levant in the past 12 months as she yesterday announced intentions to ban ransom insurance payments.
Airmic throws support behind Pool Re modernisation plans
Risk management association Airmic has claimed plans to modernise Pool Re will make the terrorism reinsurance scheme more attractive to business as well as diversifying its risk base.
Insurers' ransom payments to be banned in Bill
A legislation change that will prevent insurers from making ransom payments to terrorist groups is expected to be announced today.
Lords appoints special committee on the insurance Bill
Lords appoints special public bill committee on the long-awaited Insurance Bill.
Pool Re members vote in favour of Treasury retrocession changes
Pool Re members have voted unanimously in favour of approving the demands made by HM Treasury for changes to its retrocession agreement.
Dates announced for dissolution of parliament and general election in 2015
The Leader of the House has announced that, subject to the progress of business, the last sitting day of parliament before the dissolution prior to the General Election will be on Thursday 26 March 2015.
Pool Re hails Treasury 'concessions' ahead of EGM vote
Pool Re has welcomed "significant concessions” from HM Treasury in its quest to modernise the terrorism scheme.
Thoresen passes ABI baton to deputy Evans
The Association of British Insurers has named Huw Evans as the successor to director general Otto Thoresen ahead of his move to National Employment Savings Trust in February next year.
RDT prepared for My Licence launch
Software provider RDT's Landscape platform has been upgraded to support soon-to-be-launched industry hub My Licence.
Environment Agency awards £300m flood risk contract
The Environment Agency has awarded a £300m flood risk management contract aimed at protecting £200bn of property to engineering company CH2M Hill.
ABI signs joint letter on driving licence reform as government progress stalls
Ethics around restricting driving and passengers could be blocking progress
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
Flood defence spending ‘insufficient’ says Audit Office
Spending on flood defences is insufficient to meet needs for maintenance according to a report from the National Audit Office.