Broker
Product's roundup: Insurers save the best for Biba 2011
The last month has been all about Biba 2011 so, unsurprisingly, it dominates the content of the schemes and products pages. The most contentious aspect of the coverage however, comes from a scheme the trade body launched for non-PMI brokers. Its aim to…
More judicial reviews but no certainty of success, says RPC
There will be more judicial reviews following the decision by the Financial Services Authority (FSA) to increase the top limit of awards by the Financial Ombudsman Service (FOS) however recent events mean the regulators will be “emboldened” in defending…
Judicial reviews will rise after FOS award change, warns law firm
The announcement by the Financial Services Authority (FSA) that the Financial Ombudsman Service's (FOS) maximum binding award is to be increased to £150,000 will lead to an increase in judicial reviews according to lawyers at Browne Jacobson.
Industry reacts to referral fee report
Lawyers and insurers have slammed the recommendation by the Legal Services Board (LSB) to retain referral fees in the personal injury marketplace.
Four new offices for Coversure
Coversure has launched four new franchises in Walsall, Hornchurch near Romford, Rugby and Rusholme near Manchester.
No ban for referral fees, says LSB
The Legal Services Board (LSB) has recommended that referral fees be allowed to continue but with strengthened transparency obligations to manage their impact and prevent abuses.
FSA confirms new consumer complaint handling rules and ups FOS award limit to £150,000
The Financial Services Authority (FSA) has confirmed new complaints handling rules as part of a package of measures designed to drive up standards within the industry.
Insurance Age blog: Insurance isn't the problem says Galbraith
In a special guest blog, chief executive of the British Insurance Brokers' Association, Eric Galbraith, argues that the industry needs to work together to improve public perception.
Chartered: A Broker's view: Cowens Survival Capability
In the third of a final part of this series, Post and Insurance Age editor-in-chief Jonathan Swift talks to Grant Scott, an associate director, Cowens Survival Capability about the benefits for a broker in being chartered.
JLT targets landlords with online offering
JLT Specialty (JLT) has launched an online quote and bind facility for property owners' risks aimed primarily at the broker sector.
Insolvency rate improves for SMEs
The health of the UK’s micro and small business community improved in April, according to Experian’s latest Insolvency Index.
Willis claims industry first with grey fleet scheme
Willis has launched a pay-as-you-go insurance scheme to address issues arising from allowing staff to drive their own cars on business - the so-called grey fleet.
British Insurance Awards 2011: shortlist announced
Today Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Biba welcomes government move on signposting
The British Insurance Brokers’ Association (Biba) has given its support to the government’s signposting proposals adding it believed they will maximise the likelihood of older customers finding insurance.
Brokers must take heed of Bank of Scotland fine
Brokers have been urged to examine their own complaints procedures following the Bank of Scotland being dealt a £3.5m fine by the Financial Services Authority (FSA) for mishandling complaints.
PPI broker enters administration
The Financial Services Compensation Scheme (FSCS) has confirmed that Wilmslow Financial Services has been put into administration.
Hastings moves into pet insurance market
Hastings Direct has just launched a pet insurance product to target Britain’s 16 million cat and dog owners.
Hastings Direct makes latest senior appointment
Hastings Direct has appointed a new managing director of retail.
Barbon delivers over £11m profit in second year of growth
Barbon Insurance Group recorded a pre-tax profit of over £11m based on a 4% increase in turnover in 2010, its second successive year of growth.
Chairman and deputy resign from Biba's healthcare focus group
The chairman and deputy chairman of the British Insurance Brokers' Association (Biba) healthcare focus group have resigned.
Willis splits CEO and chairman role
Willis has appointed Rodney Baker-Bates as an independent non-executive chairman while CEO of Willis UK and Ireland, Brendan McManus has been named CEO of Willis.
Macmillan Sheikh hits ground running with two new schemes
Following its launch, Macmillan Sheikh has unveiled two further schemes designed to provide a range of insurance cover to the cleaning industry and tour operators.
Trade bodies hail TV campaign to tackle uninsured driving
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have welcomed the launch of a television campaign to tackle uninsured driving.