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Regulation

New network launch confirmed

As reported by Insurance Age, Broker Direct, the broker-owned insurance management company, has launched a new network specifically aimed at members of the Institute of Insurance Brokers (IIB).

Holding renewals - Terms of endearment

My customer terms of business document shows that I normally provide commercial quotations from a range of insurers, yet the Financial Services Authority has queried whether or not this is still accurate at policy renewal, when I recommend renewing with…

Editor's comment

As I was in the process of putting the August edition to bed, the news was broken that direct insura...

Square Mile broking

Many happy returns Dominic D'Inverno and David Garrad of Square Mile Broking One thing we were dre...

PB Week: The final slalom for the Olympic insurers

With the official opening of the Olympics next week, its insurer PICC Property Company (PICC) and its broker Marsh, still have many obstacles to negotiate if they are to avoid some potentially damaging claims, writes Katherine Brandon, reporter at…

MoJ decision means faster claims process says law firm

After a year of contemplation, the Ministry of Justice has finally published its response to the consultation on revisions to personal injury claims. The changes affect all personal injury litigation, uninsured loss recovery claims, credit hire and most…

Increased fraud by rogue intermediaries says survey

A survey carried out by law firm Pinsent Masons has revealed that the general insurance market feels concerned about the risk of fraud posed by intermediaries. It found that a third of respondents were unsure or felt that the systems and controls they…

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