Regulation
FSA faces creditor negligence claims.
The Financial Services Authority's fitness to be a regulator is under scrutiny - just as the Governm...
Just what we all deserve?
The one result no one wanted, statutory regulation, is the one in store for the insurance industry and the main interest groups have only themselves to blame.
Extra maternity pay legislation on the horizon.
Q: I am aware that there is new legislation expected regarding maternity pay and the like. Can you please tell me exactly what will be included?
PMI working party created to increase product value.
A private medical insurance working party, aimed at designing more cost-effective products and impro...
AIIB produces handbook.
The Association of Insurance Intermediaries and Brokers has produced a staff handbook to help member...
Wellington venture.
Lloyd's insurer Wellington plans to establish a new London-based insurance company by the end of the...
Appointment at RL Davison.
RL Davison has made two appointments. James Ranson becomes the new chief accountant and will be resp...
Small commercial set for commoditisation.
Small commercial products are set to become increasingly commoditised, according to attendees at the...
EU regulation directive to have massive impact.
Professional Broking recently hosted a round table event, inviting insurers to share their views on the future of the broker market. Diane Smyth reports on the issues raised.
No place like home.
Confidence in the travel industry is at a low ebb after the US terrorist attacks, with many wary about going abroad and opting to stay in the UK instead. Rachel Gordon explores the industry's reaction.
Sampson makes the case for healthcare involvement.
General insurance brokers should move into the healthcare market, according to Andy Sampson, head of...
N2 presents mixed blessing for brokers.
N2 - the official launch of the Financial Services Authority as the sole regulator for the financial...
BIBA urges insurers to reconsider commission cuts.
Axa Insurance may back down over its planned cuts to standard rates of commission, following a meeti...
Appointment at Aon.
Aon has made Andrew Jobson managing director for Aon Private Clients. Mr Jobson joined the company w...
Stand back and look closer.
Brokers should perhaps hold fire on complaining about commission cuts and take in the bigger picture, but then again, who can blame them for looking after number one?
Banks top the intermediary league
Bank-assurers are leading the way for insurance intermediaries, according to a new industry report. ...
Legal & General enters spirit of goodwill
The season of goodwill has kicked in already, with Legal & General Insurance providing 10% extra cove...
Clinicare strikes PMI deal for London city workers.
Private medical insurer Clinicare has announced the targeted launch of a new private medical insuran...
Feeling the strain.
The increasing public desire for companies to be held accountable for management failures is adding a further complication to the already troubled directors' bag, says Julian Elm.
Finding a way forward.
The hardening market means tough times ahead for insurance brokers but by keeping clients fully informed and adding value, retention can be achieved and rewards will be worthwhile.
Awards overkill.
Too many winners are spoiling the awards, announces Andy Homer, and the industry needs to remember their real purpose.
BIBA defends brokers' rights to commission.
Brokers are not liable to pay back commission earned on cancelled Independent Insurance commercial po...
Ploughing on.
Brokers worried about the downturn in the agricultural market should get back to basics, says Lance Harvey, and build on their existing client base by working towards a three-way relationship between broker, client and insurer.
Knowing your stuff.
As the case of Aneco v Johnson & Higgins recently illustrated, brokers must ensure they follow generally accepted duties of care when advising clients or be prepared for costly repercussions. Gary Meggitt explains.