European Union (EU)
APPG calls for more guidance on EU gender ban
Concerns over the implementation of the gender ban in insurance pricing have been raised by the All Party Parliamentary Group (APPG) on Insurance and Financial Services at a recent meeting.
MEP objects to ECJ gender ban
Marina Yannakoudakis, a Conservative MEP, has raised objections to the European Court of Justice's (ECJ) ruling banning insurers from using gender to rate risks.
Biba backs FSCS funding review
The British Insurance Brokers’ Association (Biba) has given its full backing to the Financial Services Authority (FSA) following its announcement that it is restarting its funding review of the Financial Services Compensation Scheme (FSCS).
Europe on the brink?
The UK is not immune from the sovereign debt crisis in the Eurozone, explains Scott Corfe
Solvency II should be delayed until 2014, says European Parliament
The Committee of Economic and Monetary Affairs of the European Parliament has released its draft report on Omnibus II with the proposal that the full requirements of Solvency II should not be implemented until 1 January 2014.
Wave of new regulation tops insurance sector risks in poll
The greatest risk facing the insurance industry is the raft of new regulations being introduced simultaneously at international and local levels, according to a new survey.
Management – Employment law: know their rights
With a host of changes to employment law coming into effect, employers need to ensure they are up to date with their legal responsibilities, says Peter Done.
Your opinions: follow on LinkedIn
LinkedIn discussion in response to “What does everyone think about the ECJ ruling on gender? Will age be next?”
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.
Products/schemes: Bovis rolls out Subguard in EU
Bovis Lend Lease UK has signed up to Subguard, a risk management product from Zurich Global Corporate UK and JLT Specialty, which it is now rolling out in the EU and UK construction market.
IIB issues warning on IMD review
The Institute of Insurance Brokers (IIB) has flagged up its concerns that the Insurance Mediation Directive (IMD) review could result in mandatory commission disclosure.
Reportage - engineering: Keeping things ticking over
With news of cutbacks to the HSE budget, there are fears the engineering inspection sector will suffer. Neil Clutterbuck advises how brokers can ensure their clients' equipment meets UK standards and help reduce risk.
Zurich and joint Anglo-Liberty bid leading race for Quinn
Reports in the Irish press have indicated that there are two front runners in the bidding process for Quinn Insurance. The differing articles named Zurich and a joint Anglo Irish Bank and Liberty Mutual bid as leading the way. Previously, Travelers and…
Fears trade bodies are on IMD2 collision course
The Association of British Insurers (ABI) and the British Insurance Brokers' Association (Biba) could be on a collision course over the revised Insurance Mediation Directive (IMD2).
2010 review: A year of living cautiously
The economy grew, rival political parties unexpectedly started working together and personal lines rates even hardened, although plenty of surprises and setbacks meant that 2010 was far from plain sailing, writes Andrew Tjaardstra.
Legal - IMD2: Mediation directive is up for grabs
The Insurance Mediation Directive is set to be superseded. James MacNish Porter says now is the time to give the EU your input.
News Analysis - Ireland bailout: Ireland on the brink as UK exposures rocket
The bond markets continued to punish Ireland as fears of contagion spread in the Eurozone, writes Andrew Tjaardstra.
ECJ deliberates use of gender in risk assessment
Concerns have been raised that the cost and availability of insurance could be threatened if an opinion by the Advocate General on gender-based pricing is upheld by the European Court of Justice (ECJ).
Agenda: Commission disclosure
The European Union (EU) is now putting together its consultation paper on a revised Insurance Mediation Directive and this will include their views on commission disclosure.
Reportage - cyber liability: Reducing online exposure
As websites and e-trading take a more prominent role in every facet of business, online liability risks grow. Edward Murray asks how the market can keep up to date with the exposures and how brokers should best advise their clients.
PIA head urges insurers to embrace global risks
Insurers' conservative attitudes towards risks outside the UK is holding back ambitious plans to establish multi quote-and-buy systems worldwide, according to liability broker Professional Insurance Agents (PIA).
EU gives green light to super regulators
The European Union (EU) has reached an agreement on the reform of financial supervision, paving the way for the creation of new pan-EU supervisory authorities which will oversee controls on banks and insurers.
Reportage - online security: Storing online data securely
As the world of e-trading moves on apace, the legal obligations of companies that receive, store and disseminate client information can often be forgotten. Liz McMahon examines the responsibilities brokers have in regards to data
Power hour: A cooperative coalition?
This month's power hour assesses the impact the Con-Dem Government has already had on insurance and debates how it will continue to influence the industry in the future. Liz McMahon reports.