Broker
And finally... what have you done for brokers lately?
Pushing into new sectors, listening to what they have to say and championing them on the small screen. Janice Deakin, tells us how she has been nurturing brokers.
Arc claims market first with new maintenance product
Arc Legal Assistance has launched a specialist cover to enable individuals to pursue defaulting maintenance payers.
Your opinions: follow on LinkedIn
LinkedIn discussion in response to “What does everyone think about the ECJ ruling on gender? Will age be next?”
Your opinions - from the Forums: ULR/Legal expense insurance
Have your say via email, LinkedIn, the BrokerForum, Twitter and letters. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 - 34 Broadwick Street, London, W1A 2HG, or email martin.friel@incisivemedia.com.
Editor’s letter – April 2011
As you can see, there’s a big focus on networks this month. Once seen as an anomaly, they are now a firmly established aspect of the market. And one way they have often sold themselves is that they are a security blanket. The claim is that they can…
Brokers are facing fallout from the Retail Distribution Review
Impact on IFAs of commission rules could see local communities suffer
Is 2011 set to be the year of the start-up or the consolidator?
The news that Towergate had lost a pre-action disclosure application in the High Court and been ordered to pay £17,000 in costs to Lorica Insurance Brokers came shortly after the announcement that the consolidator’s deal with Advent had created a £90m…
Cuts to HSE inspection regime offer an opportunity for brokers
A paper from the Department for Work and Pensions (DWP) has confirmed that the Health and Safety Executive (HSE) will be reducing its proactive inspections by one third, a cut of approximately 11,000 inspections per year.
Select Committee polarises opinion
Results of inquiry into motor insurance costs backed by Biba – but ABI brands it a missed opportunity.
Regulation costs three times more in UK than rest of EU
The British Insurance Brokers’ Association (Biba) has made the first real attempt since regulation was first applied to general insurance brokers to quantify just what it costs for brokers to remain compliant.
Reportage: Facing up to networks
With networks increasing in popularity, Emmanuel Kenning recounts their development and looks to the future of this crucial market sector.
Profile: Hidden depths
CCV’s Michael Rea may not shout about it but he’s certainly made his mark at the consolidator. He talks to Martin Friel about his appetite for aquisition, the prospect of flotation and working for an industry ‘personality’
How to... prepare for an interview
Once you’ve secured that all important interview, remembering the motto ‘failing to prepare is preparing to fail’ will hold you in good stead. However how do you do it well and what are your interviewers likely to be looking for?
Market moves: Winds of change sweep the country
Snow flurries in Scotland were matched only by the blizzard of job announcements in the region with Lockton, Heath Lambert, Aspen and RSA all unveiling changes.
Management - Broking success: making the connection
Liz McMahon talks to Autonet MD Glynn Keeling about the value of a strong audit process and striking a balance between online business and customer communication.
Management - How to... save money and reduce your FSA risk
Mike Cranny offers a step-by-step guide on how to surrender client money permission.
Management - business development: service as selling
Peter Belsey explains how selling is not the preserve of the sales team but should link through and underpin the organisation.
Court ruling puts a stop to broker termination clauses
The Court of Appeal has upheld a High Court decision that it is not possible for a broker to enforce a termination clause if the insured goes out of business.
Japan Earthquake will not trigger hard market, says Willis Re
Relatively orderly price movements at the 1 April Japanese reinsurance renewals have indicated that the Tohoku Earthquake is not the catalyst that will bring about a hard market, according to Willis Re.
Fusion to recruit 100 staff in Coventry
BGL owned contact centre, Fusion, has announced a recruitment drive for 100 jobs in Coventry.
New network Momentum signs up to the Aldermanbury Declaration
Momentum Solutions - the broker network headed by former Oval MD Howard Pepper - has signed up to the Aldermanbury Declaration.
Profits and revenue rise at Brightside
Bristol-based broker Brightside Group has reported a 48.1% in revenue to £66.2m (2009: £44.7m) along with a rise in profits after tax from continuing operations to £6.49m (2009: £4.66m) in its year end results for 2010.
Competition Commission lays down rules over sale of PPI
The Competition Commission (CC) has published a list of requirements relating to the sale of payment protection insurance (PPI) in a bid to remedy the point of sale issues that have dogged he sector.