Management

Tough lessons for insurers.

It is time for the insurance industry, along with its counterparts, to learn the unfortunate lesson that cutting corners and indulging in a short-term outlook may produce rather unattractive results.

A priceless opportunity.

The launch of the General Insurance Standards Council had the full support of the government. However, the GISC has a long way to go and it will need all the help it can get.

Winning ways.

Hanover Park's recent award wins have not fazed group md Keith Peraux. He talks to Diane Smyth about the company's ongoing plans for success and its refreshing attitude to management and growth.

GISC - make your mind up time.

After many months of discussion, GISC has finally been launched. Now the dust has settled, it is time for those in the industry to get involved and not watch from the wings, says Mike Slack.

Redundancy: who is liable?

Q: I am about to sell my business to another broker and under the terms of the deal, only the book of business is being transferred. I am going to have to make all my staff redundant. Can you advise me how to word the redundancy notice.

Awarding experiences.

The recent BIA awards saw the great and the good from the industry being rewarded for their efforts. GISC, however, wins no awards for unfairly treating those whose livelihood depends on insurance.

Time to restart the insurance clock.

The current soft market that brokers and insurers are experiencing needs a kick start to propel it into more lucrative times. Stephen Hartigan of Groupama believes he has clocked the ticking of change.

Exclusion on social agenda.

Labour's new Minister for Corporate Social Responsibility has homed in on the headline issue of "social exclusion" and is calling for all businesses to focus on their responsibility in this area.

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