Regulation
Figuring out compliance.
The cost of compliance is still causing concern for brokers and insurers but many of the expected rules are best business practice. Changes should be seen as an investment rather than an expense, says John Derry-Collins.
EU's delay over IMD pushes regulation back three months.
Statutory regulation of insurance intermediaries has been delayed by three months, because the Europ...
Small is beautiful.
Dave Gay says smaller brokers offer a personal touch and specialised knowledge, making them ideally suited to the growing niche market.
Appointment at Grid Network.
Mike Millard has become development director for the Grid Network, the insurance products and compli...
Industry warned to act over profit losses.
Patrick O'Sullivan, chief executive of Zurich Financial Services, UK general insurance and banking, ...
Shortage of statistics to measure EL crisis.
The government has no way of measuring the extent of the problem caused by the lack of capacity in c...
PwC sets wheels in motion for Folksam brokers.
The administrator for Folksam International Insurance Company, PricewaterhouseCoopers, has written t...
Out of business also means out of profits.
The hard market continues to bite and, if the response to Professional Broking's conference (4 July ...
On the autumnal agenda.
The summer recess means Parliament has come to a halt but there is a plethora of insurance industry issues to tackle when MPs return.
Wheatley and Williams allay brokers' FSA fears.
Brokers voiced one big concern at the conference's closing panel discussion - regulation by the Fina...
News from the insurance industry.
Overheard wonders if Adam Golder, chief executive of Axa Art, could do with a pay rise after he forw...
Two offers to help brokers comply with general insurance regulation.
Misys Financial Systems and The Whitechurch Network are both gearing up to help general insurance br...
Pool Re extension: a broker's view
Steve Bessant gives a broker's view of the proposed chagnes to the cover provided by Pool Re. ...
TPS celebrates double-booking of wedding schemes.
Third party administrator the Travellers Protection Services has won the contracts for two large wed...
Light at the end of the tunnel?
The direction regulation is likely to take is perhaps becoming a little clearer but the best industry advice still seems to be based largely on guesswork.
Appointment at Ecclesiastical.
Richard Woodhouse has been appointed to the newly-created role of underwriting audit manager at Eccl...
A piece of the PI.
For those struggling to find professional indemnity cover now that premiums are rocketing, trade organisations and broker networks could help brokers to get stuck in, as Simon Threadgold finds out.
Commission rates up at SLH
Private medical insurance brokers can look forward to increased commission, after Standard Life Healt...
Regency Group sells up.
The UK's largest privately-owned extended warranty insurance company, The Regency Group, has been so...
Fleet trading.
Fleet motor is toughening up, with hardening rates and a new directive lined up. Brokers can respond by taking on new roles, explains David Fanning.
CSC division transfers to SSP.
The products, services and staff of CSC's intermediary insurance division have all been transferred ...
Marcus Hearn relaunch.
Marcus Hearn has relaunched a new version of its scheduled airline failure, following the 11 Septemb...
Online competition ... Win a Sony portable flat screen TV.
This month's prize is a portable Sony flat screen colour TV, offering a 14 inch screen, a sleep time...
PwC makes final offer to ex-Indie brokers.
PricewaterhouseCoopers is making its final offer to ex-Independent Insurance brokers. The provisi...