Insurance Age - 2010-02-03

Jackson review deals blow to legal expenses

The proposals contained in Lord Justice Jackson's Review of Civil Litigation Costs could, if implemented, revolutionise the legal expenses market and have a devastating impact on the after-the-event (ATE) market

IIB CEO condemns fee proposals as a 'burden'

Barbara Bradshaw, chief executive of the Institute of Insurance Brokers (IIB), has slammed Financial Services Authority (FSA) proposals on fees and levies as a "burden for the smaller broker"

The personal touch

Having founded his own successful brokerage, Paul Muir talks from experience when he advocates the benefits of brokers belonging to his personal lines network. Louise Meeson meets the 1 Answer managing director

Your letters: Fear not, Equity is at hand

I refer to the lead article in last month's issue, 'Brokers in the spotlight after surprise IPT ruling' (Insurance Age, January 2010, p1), in which it states: "Without any prior discussion with the industry, chancellor, Alistair Darling announced in his…

Your letters: Seen it all before

As my last two years in the City, 1968-70, were with CT Bowring & Muir Beddall and one of the people I reported to was the account director for British Leyland, I found Tony Cornell's article 'Direct Debate' (Insurance Age, January 2010, p14)…

Editor's comment

It is refreshing when the chief executive of one of the country's largest broking firms cuts to the chase. Talking to me about rate increases, the broker in question let out a heavy sigh and declared that the whole subject was rather tiresome, albeit…

Power Hour: A taxing issue

The Government's surprise IPT ruling has caused uproar among the broking community as concerns mount over the sharing of commercially sensitive information. Martin Friel reports

Reportage: streamlining - Avoiding the chop

The redundancies of valuable staff are often the knee-jerk reaction in a recession. Edward Murray examines how brokers can cut costs without leaving businesses struggling when the economy recovers

Reportage: organic growth - Natural development

In spite of the recession, Doodson Broking Group has achieved significant growth through hard work, developing niche areas and targeting clients it really wants to do business with, writes Neil Clayton

Charity business: Charity begins at... work

With increasingly professional charities confident enough to shop around for the best deals and less risk-averse insurers, interest in the third sector is growing. Ian Wainwright gives tips on competing for business

Viewpoint: It's not over yet

Clare Ryder fears the worst is yet to come for insurers and brokers alike, with 2010 likely to see an increasing pressure on rates, cash reserves and staff, compounded by skyrocketing insurance claims

Soundbytes

Fast Trade is Aviva's online quote-and-buy facility for small business packages. It provides brokers with simpler navigation and improved quote facilities, cover and instant documentation. The site also provides product information and an online claims…

Market moves: A monthly look at who is moving where

Neil Cook has joined Equity & General Insurance Services, based in Rugby. He will adopt the role of specialist risk negotiator and head up his own team focusing on placing complex commercial and household risks. He will deal with clients that have…

News review: January

Towergate Underwriting (TU) outlined plans to grow the business through the launch of a network of regional underwriting centres. The move was a precursor to taking the model to an international market. Chief executive Clive Nathan confirmed TU's first…

Polly C

Polly has always appreciated Sheilas' Wheels' love of all things pink and was intrigued when she was invited to the Haymarket Hotel to hear its "secret" announcement.