Regulation
Information gathering - End of days for Firms Online
I have received some information from the Financial Services Authority regarding Gabriel. Will this mean having to do yet more unpaid work for the regulator?
FSA bans directors of BPS Insure for misuse of clients money
The Financial Services Authority (FSA) has banned three directors of London-based insurer BPS Insure...
Judges
UK Broker Awards 2008 Supplement
Abrupt ending
Ministry of Justice reforms
FSA to escalate regulatory intervention
In an update on its thematic review of the sale of payment protection insurance, the Financial Servi...
Employers could face fines for failure to comply with NMW
Employers could face fines of up to £30,000 if they fail to comply with the National Minimum Wage (N...
Lloyd's reveals huge drop in pre-tax profits
Lloyd's has revealed a huge drop in pre-tax profits in its 2008 interim results. For the period endi...
Regulator should closely monitor aggregator market, says law firm
The Financial Services Authority (FSA) should increase pressure on aggregators to ease industry conc...
Sircon and Compliance 360 launch SirconEDGE
Sircon Corporation and Compliance 360 have launched SirconEDGE, a risk management and regulatory com...
Protiviti and ClusterSeven develop series of webinars
Risk consultancy Protiviti and ClusterSeven, a spreadsheet management software provider, have develo...
Oxygen sells underwriting arm
Oxygen has sold its underwriting arm, Oxygen Insurance Managers (OIM), to Arthur J Gallagher. The co...
UK PLC - regulation's golden guinea pig?
Has the early adoption of European Union regulation in the UK put insurance firms at a disadvantage, or has this head start placed them in a position of power to pursue pan-European business, John Needham asks
Wholesale Intermediary of the Year - TFP Schemes
UK Broker Awards 2008 Supplement
ABI encourage PPI sales following FSA review
The Association of British Insurers (ABI) claimed that Payment Protection Insurance (PPI) has never been a more valuable product, following a thematic review by the Financial Services Authority (FSA). The ABI said that the insurance industry has been…
FSA update on its review of the sale of PPI
In an update on its thematic review of sale of Payment Protection Insurance (PPI) the Financial Services Authority (FSA) has set out that, due to the poor findings from its recent work, it is escalating its regulatory intervention.
Our Network signs more brokers during expansion
Our Network, which was launched by broker-owned insurance management company Broker Direct in August, has signed up 60 brokers in under two months.
PB Week: Calling all broker managers
Professional Broking has arranged four management events across the country - free to UK’s general insurance broker managers, and we hope to see you there to discuss some interesting times, writes Andrew Tjaardstra, editor, Professional Broking .
Lloyd's profits slashed
Lloyd’s has announced a huge drop in pre-tax profits in its 2008 interim results.
PB Week: AIG attempts to reassure brokers
On Monday evening I returned from Spain to find the financial world seemed to have turned upside down, writes Andrew Tjaardstra, editor, Professional Broking .
AIG faces ratings downgrade
AIG’s recent instability has led to a rating downgrade despite a $20bn injection of liquid investments.
Credit crunch may accelerate hardening market
Insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008 according to a report released today by Marsh.
PB Week: Wagons, wheels and automobiles
Katherine Brandon, reporter, Professional Broking
New claims solution from Axa Corporate
Axa Corporate Solutions has developed Panorama, a claims remote account management product designed to provide contract certainty for all parties specifically for use in the UK.
PB Week: Bridget, Peter and Martin
There has been plenty of late August and early September activity in the insurance market (and of course the football transfer market) and many will be returning from holiday catching up with the news, some shaking their heads in disbelief, writes Andrew…