Regulation
Biba responds to FSA discussion paper
The British Insurance Brokers' Association (Biba) formally responded to the Financial Services Autho...
Insurer set to strengthen risk service with 2008 commitments
Axa Corporate Solutions has launched a set of 'commitments' for its broker clients, after promising ...
New survey reveals full extent of market's rate-reduction confusion
The London Market has underestimated true underlying rate reductions, despite insurers and brokers u...
SAFed highlights inspection danger
Brokers need to be aware of statutory compliance issues and health & safety legislation when carryin...
Aggregated assault
The Financial Services Authority's recent investigation into aggregator sites said there was 'mixed evidence' in the clarity, fairness and accuracy of information given to customers. This discussion looks into the outcome of the regulator's report and…
SSP joins broker divisions to break down service boundaries
Software Solutions Partners (SPP) has combined its two broker divisions in line with changing market...
FSA sets out outcomes in its Annual Report
The Financial Services Authority (FSA) has published its Annual Report for the year 2007/08.
Brokers provide insurance solution to Government equality bill
The British Insurance Brokers’ Association (Biba) has welcomed Government proposals for a draft Equality Bill.
NHS wasting hundreds of millions of pounds says Marsh
Marsh has urged the NHS to be more proactive in managing the threat of MRSA, warning that the consequences of inaction runs into the hundreds of millions of pounds every year.
Pleural plaques Scottish Bill 'arbitrary'
The new Scottish Bill which aims to reverse the landmark House of Lords judgment last year, disallowing claims for asbestos-related pleural plaques, has drawn criticism from a number of quarters.
BDO Stoy Hayward acts as expert in Independent Insurance case
BDO Stoy Hayward were retained by the Accountants’ Joint Disciplinary Scheme (JDS) in its case against KPMG, the auditors of Independent Insurance. BDO Stoy Hayward, accountants and business advisers, provided expert witness evidence concerning the audit…
Mandatory commission disclosure would harm business consumers’ interests
The Institute of Insurance Brokers (IIB) has found that there is virtually no demand amongst the ‘middle segment’ (commercial customers with a turnover between £500,000 and £100m) for mandatory commission disclosure, based on the experience of its…
Biba responds to FSA discussion paper on transparency dislcosure
The British Insurance Brokers’ Association (Biba) has today formally responded to the Financial Services Authority’s (FSA) Discussion Paper DP08/2 Transparency, disclosure and conflicts of interest in the commercial insurance market.
FSA launches payment protection insurance comparison tables
The Financial Services Authority (FSA) has launched free, impartial comparison tables for payment protection insurance (PPI) on its consumer website: http://www.fsa.gov.uk/tables
Insurers could become tougher on claims to help margins in soft market, says Aon
John Bell, head of claims for Aon Risk Services, speaks out about trends in insurer claims handling and in support of Airmic’s agreement to reduce insurers’ use of reservation of rights.
FSA fines stockbroking firm for weak data security controls
The Financial Services Authority (FSA) has fined Merchant Securities Group (Merchant Securities) for not adequately protecting its customers from the risk of identity fraud. This is the first time the FSA has fined a stockbroking firm for weak data…
PB Week: Football can save us from the economy
As we hear about gloomy news from our nation’s economists and layoffs galore in the insurance sector courtesy of Norwich Union and Zurich , we are probably all glad we have the distraction of the European Championships, or maybe not, as our home nations…
Marsh establishes Insurance Regulatory & Tax Consulting Practice
Marsh, the world’s leading insurance broker and risk adviser, today announced it has established an Insurance Regulatory and Tax Consulting Practice within the firm’s Global Risk Management Division. The new practice will be led by Praveen Sharma.
Moneyway welcomes FSA plans for transparency
Moneyway, the bank that prides itself on being simple and transparent, has welcomed the news that the Financial Services Agency plans to ‘name and shame’ financial brands that are subject to complaints. Gary Jennison, CEO of Moneyway, formerly known as…
UK Broker Awards – Last Chance to Enter!
ARE YOU MASTER OF YOUR OWN DESTINY? Last chance to enter!
Insurance Age weekly on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the event - watch it now
Kwik Fit named cheapest car insurer by aggregator
Kwik Fit Insurance has been named as the most consistently competitive car insurance provider by a leading price comparison web site.
Commissions - Parliament - Call for market unity on disclosure
Leading figures in the UK broking market took their case against mandatory commission disclosure to ...
Regulation - Brokers fall short on TCF
According to compliance research conducted with over 100 general insurance brokers and mortgage inte...