Politics
Career development: CII welcomes government apprenticeships announcement
The Chartered Insurance Institute has welcomed the Treasury's announcement of its gateway project to help people find apprenticeships and graduate training places within insurance.
C-Suite: The spotlight keeps shining
The industry must keep doing the right thing for consumers under the glare of government, says Paul Geddes, chief executive, Direct line Group.
Kennedys concerned about lack of costs control for asbestos claims
Insurance law firm Kennedys has expressed concerns that the government has showed no intention to consider the issue of recoverable fees for asbestos claims.
Government's growth plan tipped to boost takaful market
The government's insurance growth action plan could provide a much needed boost to the UK's commercial Islamic insurance market, according to PwC's Mohammad Khan.
Biba urges change on SME Flood Re exclusion
The British Insurance Brokers’ Association has urged the Water Bill Scrutiny Committee to consider helping the people the bill currently excludes – particularly small businesses.
Government to work with insurers on mesothelioma plan
The Government is to work with victims’ groups and insurers representing employers to explore new ways to improve the legal process for handling claims from victims of mesothelioma, according to the courts minister.
CII welcomes government apprenticeships announcement
The Chartered Insurance Institute has welcomed the Treasury’s announcement of its gateway project to help people find apprenticeships and graduate training places within insurance.
Aviva and L&G join four life insurers in £25bn infrastructure pledge
Aviva and Legal and General are among the six insurers that have agreed to collectively invest £25bn in UK infrastructure over the next five years.
Industry wish list asks government to include insurance in education
ABI, Biba and Lloyd’s in talks with government over fuelling growth in market.
Insurance executive faces investigation by China’s discipline commission
An executive at state-owned Chinese insurance firm China Export and Credit Insurance Corporation is being investigated by the country’s corruption body.
Biba lobbies government for nationwide broker apprenticeship programme
The British Insurance Brokers’ Association is calling for the government to set up a nationwide apprenticeship programme to recruit and retain people in the broking sector.
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
Personal injury CMCs down by 38% as MoJ prepares fines consultation
The Ministry of Justice is preparing to follow up its consultation on introducing more stringent rules for claims management companies with a third inquiry into fines early next year, in a bid to further clamp down on unscrupulous practices.
SMEs and charities to be excluded from flood legislation
Small and medium sized enterprises are not to be included in Flood Re legislation, the government has announced.
Welsh asbestos bill passed
The Welsh Assembly has passed a bill allowing for the Welsh NHS to recover costs from the insurers of employers whose employees were exposed to asbestos.
Scottish constitution: A separate health and safety regime for Scotland?
The Enterprise and Regulatory Reform Act 2013 is now in force across the UK, however what has gone largely overlooked thus far are the exceptions to ERRA and the potential for a uniquely Scottish approach to the regulation of health and safety.
Insurers dismiss MP’s fear that medical panels could become their ‘captives’
Pre-medical offers remain a fraud concern for Apil.
Riot Damages Act recommendations could lead to improved underwriting
Recommendations in the independent review of the Riot (Damages) Act 1886 could be a blessing in disguise for insurers according to industry insiders.
Directors’ & Officers’: Much aD&O about nothing
Despite some predicting an uncertain period for the directors’ & officers’ sector following a government discussion paper and a high-profile claim refusal, unconcerned market insiders explain why education is their current priority.
North East sees biggest rise in road deaths and injuries
The North East of England has seen the biggest increase in accident rates for killed and seriously injured people in 2012, according to IAM’s analysis of recent data produced by the Department for Transport.
Riot Damages Act consultation will be out by December
Policing, criminal justice and victims minister Damian Green has confirmed the government will launch a public consultation on the Riot Damages Act 1886 by the end of the year.
C-Suite: Use data to defeat cyber crime
A recently published survey found the insurance industry was, at best, responding to less than 20% of the risks businesses face.
Legal Update: Whiplash Claims: Lack of action by government on small claims limit gives time for constructive talks
Alistair Kinley says the government’s latest motor measures have little connection to insurance claims and whiplash and there is a failure to implement Transport Select Committee recommendations.
UK insurance industry primed to target takaful opportunities
Political proposals to transform Britain into a leading Islamic finance hub would open up a lucrative untapped market to Lloyd’s players and beyond, according to industry analysts.