Broker
Private investigator in Lloyd's of London blue-chip hacking claim
A private investigator who was jailed last year for his role in the blue-chip hacking storm has claimed that insurers at Lloyd's of London were among his clients, it has been reported.
Insurance claims handler jailed for £39,000 fraud
An insurance claims handler who stole £39,000 from his employer to settle pay-day loans and drug debts was jailed for 17 months at Cardiff Crown Court on 2 August 2013.
Editor’s letter - August 2013
“Here’s a wild and wacky suggestion, how about treating customers fairly not mis-selling add-on policies?”
In-depth: Talent spotting
With the jobs market for young people in the doldrums, the insurance industry has huge numbers of applicants for trainee schemes, but it can be difficult to recognise the candidates with most potential. Andrew Pearce investigates how to coax out the raw…
Events roundup: Brokers learn the Three Rs at regulation event
FCA reveals plans for review into conflicts of interest at inaugural Three Rs regulation event, brokers find out about the latest technological advances at e-broking 2013 and getting ready for Broker Expo South and the UK Broker Awards
Power hour: Motoring along
With falling motor premiums, the EU Gender Directive and telematics, personal lines brokers are facing some big changes, but there are opportunities as well. Andrew Pearce reports
ABI’s flood solution gets the nod
Government strikes provisional deal over Flood Re
Validation leads to a shrinking market for motor trade road risks insurers
Insurers and brokers must work together to make the ‘road risks’ motor market profitable and sustainable, explains Chris Withers
A great idea is no longer enough
Converting schemes concepts into real-world commercial prospects takes time and dedication, says Tony Bloomer
Brighter days ahead
The outlook is less gloomy with a strong possibility of improving conditions for commercial brokers in the next 12 months, says Tony Cornell
Polaris pulls the plug on iParc
Plans for a real-time personal lines rating hub dropped after talks break down
Broking success: The scheme of things
Camberford Law managing director David Ottewill tells Caitlin Morrison about his plans to become an MGA and why schemes are so enjoyable
Swinton fined over add-on sales after FCA probe
Regulator hands broker £7.4m fine because of aggressive sales strategy
Market moves: Busy as a B
Overall this month it was really all about the Bs with Brit and Bluefin dominating the column inches. There has been a range of metaphors to describe the Market moves developments in the insurance industry over the years. Two prominent ones have been a…
No rest for the wicked
August is usually when we reach the peak of the silly season (if you take a positive view of it – many would term it the trough).
Allianz UK CEO "content" to see broker motor book shrink
Jon Dye, CEO of Allianz UK, has stated that the company is in “very good shape”.
Ageas UK CEO Watson commits to motor schemes market
Ageas UK CEO Andy Watson has admitted that the insurer is watching motor "very closely" as prices and profitability continue to fall.
Bluefin takes on former Marsh director
Bluefin Insurance has named former Marsh regional development director Rachel Phillips as business development and proposition director for its corporate division.
Ageas UK enjoys 17.3% net profit rise
Ageas UK reported a net profit increase of 17.3% to £49.1m for the first half of 2013, up on the £41.9m posted for the same period of 2012.
Roundtable (part 3): Can you be professional without charging a fee?
In the third of our roundtable debates on professionalism, our experts discuss fees, transparency and how to attract young talent to the broking profession
Miller takes on second Paragon man in two months
Miller has taken on its second former Paragon International man in two months.
Lark completes first "significant acquisition" since Groupama MBO
Lark Group has completed its first "significant acquisition" since its management buyout (MBO) from Groupama with the capture of Surrey-based HMT Insurance Brokers.
Towergate founder Proverbs joins 1 Answer Brokerdrive board
Tony Proverbs has been appointed as non-executive director at 1 Answer Brokerdrive.
Insurance companies implicated in use of rogue private investigators
Ten insurance companies have been implicated in the use of the “rogue element of the private investigation industry”, according to a report from the Serious Organised Crime Agency (Soca).