Regulation
The only way is up.
No longer a fledgling sector, more and more companies are setting up in premium finance. And though it has no trade association, it does now have formal representation within the Finance and Leasing Association. Diane Smyth reports on the growing…
Non-regulated ABI intermediaries still to receive policies.
Members of the Association of British Insurers will continue to provide insurance policies to interm...
Not all doom and gloom.
Despite a constant stream of reports predicting the demise of general insurance brokers, they must keep calm and guard against hasty decisions.
Appointment at HealthSure.
Christine Flanigan has joined national healthcare provide HealthSure as business consultant. She joi...
Ritchie: long-term survival of broker market is assured.
Hamish Ritchie, chairman of the British Insurance Brokers' Association, hit an optimistic note in hi...
A review of auditing practices.
With auditing currently under scrutiny, auditors should take care to restrict the scope of their duty of care to reduce the chances of potential claims.
Williams advises brokers not to succumb to compliance fears.
Mike Williams, chief executive of the British Insurance Brokers' Association, used his opening speec...
British Insurance Brokers' Association conference.
As you'd expect, the British Insurance Brokers' Association conference was its usual gossip-filled s...
DAS provides BIBA members with three-year guaranteed protection.
The British Insurance Brokers' Association has entered into a partnership agreement with legal prote...
On the lookout for a good deal.
The next few years are likely to see the market overflowing with brokers selling up. Before setting off on an acquisition spree, however, brokers should take care to negotiate around the pitfalls that lie ahead. Tony Cornell explains.
Laying claim to claims.
The FSA's approach to the claims process is worrying to say the least and concerned brokers and insurers should stand up and be counted, sooner rather than later.
Insurers face FSA squeeze.
The Financial Services Authority may bring in rules for insurers regarding service standards, after ...
Snowed under by unnecessary paperwork.
I read David Worsfold's article in the May issue of Professional Broking with interest. Personally, ...
FSA concerns cause S&C to put brakes on acquisitions.
Smart and Cook has put a halt to its acquisition activity because it fears that the Financial Servic...
What are FSA rules about binding authorities?
Q: We are a commercial brokerage operating a binding authority on behalf of an insurer. It is profitable but what should I do about Financial Services Authority regulation?
Difficulties of putting a price on goodwill.
How much is your business worth? The tables, chairs and computers must be worth something. If you ar...
Fox: insurers impressed with new HFIS system.
Hamilton Fraser Insurance Solutions' PC-based compliance proposition received a warm welcome from in...
Conference soundbites.
Dr Eleanor Linton, Financial Services Authority head of policy for the high-street firms division, t...
Credit where credit's due.
Premium finance is a popular way for brokers to promote cash flow, though a lack of regulatory interference means they must be vigilant and make proper checks before entering into an agreement. Simon Threadgold explains.
Shaping up for regulation.
At a pre-BIBA conference round table hosted by Professional Broking, regulation was the hot topic for discussion. Alex Broad reports.
No questions asked?
The industry's desire for a quick and easy renewals process toenhance service is leading some firms to fall foul of the FinancialServices Ombudsman. Jon Guy explores the growing regulatorydissatisfaction with the 'just-do-nothing-to-renew' approach to…
Working together to 2005
The head of policy for the FSA's high-street firms division, EleanorLinton, has urged brokers to pla...
And to think we were given the chance to regulateourselves ...
With a heavy heart, Tony Bridgland charts the course of two decadesof government supervision
Insurers lose T&N litigation
Insolvent manufacturer Turner & Newall (T&N) has won its case againstits employers' liability (EL) i...