Politics
Government's Pool Re levy increase leaves insurers little room to manoeuvre
The timing of the government's proposed increase to its Pool Re fee has left insurers with few options, according to market commentators, as time to negotiate alternative reinsurance arrangements is limited.
Road safety report calls for zero IPT rate for young drivers
The government should introduce a zero insurance premium tax rate for insured vehicles fitted with a telematics unit for drivers under the age of 25, according the Road Safety Foundation.
Insurers likely to benefit as Treasury looks to hike Pool Re fee
The government’s attempt to increase the fees it receives from Pool Re will provide substantial growth opportunities for independent insurers as buyers look for alternative cover, according to Lockton’s terrorism head.
Blog: State of the Broking Nation Findings, Week 2
Michael Lawrence of LV takes a look at the findings from this week's State of the Broking Nation research, which looked at commission and politics
Motorists voice safety concerns ahead of driverless car trials
One in three UK motorists are concerned that driverless cars could be dangerous, according to a survey carried out by Autoglass.
Industry backs Jackson’s call for fixed costs to be extended beyond PI claims
Lord Justice Jackson repeats call for fixed costs on all fast-track cases
Deputy Editor's Comment: Looking beyond the EU rhetoric
Is it impossible for anyone in public office to talk about the European Union without expressing or feigning anger for their own side’s short-term political gain? It seems that way this week.
Marie-Louise Rossi: An obituary
Marie-Louise Rossi, who died last night at the age of 58, left a huge legacy for the London insurance market for which she acted as a powerful, persuasive advocate for over a decade while at the helm of the International Underwriting Association (IUA).
Speed of whiplash reforms criticised following TSC report
The speed of the government’s implementation of reforms to tackle motor fraud has been criticised by the AA, following the publication of the Transport Select Committee's latest motor insurance report.
Polish insurance market faces 'moderate' risk, says S&P
Poland's general insurance industry is benefiting from the country's "strong and competitive economy and good growth prospects", according to Standard & Poor's.
Northern Ireland firm's contact centre creates 49 jobs
Northern Ireland business Lakeland Trading Solutions has set up a contact centre in Enniskillen creating 49 jobs over the next three years.
‘Constructive’ party conference season dialogue pleases insurance bosses
Flooding and cost of motor insurance and regulation top the agenda
Government urged to extend HSE remit to occupational road accidents
Insurers have called on the government to focus more closely on occupational road risk, with many urging the Health and Safety Executive to extend its remit to accidents involving fleet drivers.
C-Suite - Insurer: People power
A sharper focus on the human touch improves the insurance experience of both customers and staff
Biba prioritising sharing economy as 2015 manifesto issue
The British Insurance Brokers' Association has confirmed its support for the sharing economy by its intention to include it in its 2015 manifesto.
Welsh government help fund expansion of broker Penn Insure
Penn Insure has become the latest insurance company to benefit from financial backing by the Welsh government after the Pontypool-based firm unveiled plans to move to larger premises and create 17 new jobs.
Post Blog: Insurance professionals who have stood for parliament
With the news that insurance entrepreneur Arron Banks is moving from Go Skippy to Go Ukippy, I decided to look at how other prospective election candidates from the insurance sector have fared over the last two elections.
CMA ban on wide MFNs will spur consumers to shop around
CMA announcement will result in consumers using multiple Price Comparison Websites when shopping for insurance
ABI says politicians 'need to act' after CMA 'ducks' credit hire challenge
The Association of British Insurers has slammed the Competition & Markets Authority’s failure to tackle “excessive” credit hire costs, claiming they are likely to lead to higher charges for consumers.
PIs slam ABI calls for regulation exclusion for in‑house investigators
Updated ABI member guidelines say FCA adherence negates need for regulation