Broker
Research shows 50% of motorists think dual pricing should be illegal
A survey by Go Compare show half of the drivers surveyed felt it should be illegal for insurers to reserve best prices for new customers.
British Engineering Services launches engineering inspection products on Acturis
Package offers sudden and unforeseen damage cover as an additional option.
Top 100 Independent Brokers 2018
With GWP and staff numbers up on last year, the top 100 brokers reflect the buoyant market
Former Swinton distribution director, Richard Beaven becomes COO of Brightside
Brightside said the management change was made to build stronger and deeper relationships with distribution partners in an increasingly digitised sector.
RSA boss Egan "not defensive" about broker criticism
New UK and International CEO reiterates commitment to the broker channel after brokers say provider is difficult to trade with.
Hiscox report shows cyber attacks are on the up
Attacks increase on businesses with SMEs a target but more firms are now willing to consider cyber cover.
Slow take-up of standardised Toba template was expected, says Biba
CEO Steve White hopes for a domino effect as networks, including Una Alliance, consider adopting the template.
FCA data reveals fall in complaints in second half of 2018
Regulator says total amount of complaints about financial services reached 3.91m, with PPI making up 40%.
UKBA: Wilby says cyber win encourages new business
Award enabled winner to discuss cyber more.
Brexit and customer fairness dominate FCA 2019/20 plans
The regulator’s Business Plan revealed a focus on “fair treatment for existing customers” amid dual pricing investigation and warned orderly transition post-Brexit is an “immediate priority”.
Blog: Have you considered your environmental obligations?
Everyone has a role to play in protecting the planet - even the insurance sector. Unfriend Coal's Peter Bosshard explains what brokers can do to help prevent climate change.
Experts urge brokers to look over remuneration after FCA warning on GI distribution failings
Compliance specialists say brokers need to look at the distribution chain and make sure they act in the best interest of the customer.
FCA proposes £537.7m fee budget for 2019/20
The figure is a 2% increase on last year’s with £29m to come from general insurance mediation.
PIB seeking to raise £100m - £200m to fund growth
Firm looking for further investment but has no plans to stop working with Carlyle Group.
Willis Towers Watson/Confused index shows car insurance premiums fall
It is the first slip after two consecutive quarters of rising premium but experts warn that there will be increases again in future.
FSCS further extends CRL's Alpha deadline
FSCS "hopeful" 30 April deadline could lead to a deal being agreed as CRL continues to look for replacement cover following unrated insurer Alpha's bankruptcy last year.
FCA warns brokers to be ready for SM&CR
The regulator urged brokers to prepare early for the regime which comes into force on 9 December this year.
Podcast: The top five news stories of the week
Which articles were brokers most interested in for the week commencing 8 April 2019?
Construction and engineering facing “capacity blackspots”
Mactavish report claims that insurance companies are reluctant to underwrite the risks in some sectors as market faces “unprecedented” tightening.
CRL responds to FSCS Alpha deadline extension
CEO Steve Mansour says the broker has been working with the FSCS for some months in order to help transfer policies affected by Alpha’s bankruptcy last year.
Lorica's Stefan Puttnam exits one year after PIB acquisition
Firm has seen an number of employment changes as it works to merge the two brokers following PIB's acquisition of Lorica in March last year.
Quizzical questions: 12 April 2019
Test your knowledge of the week's news with our topical quiz.
Flaxmans launches ombudsman SOS service for brokers
The service has been designed to help brokers assist clients when claims are refused.
Swinton performing better than expected for Ardonagh
The Ardonagh Group results showed that the personal lines broker contributed £146.3m in pro forma income.