Legal expenses
Novae enhances online product offering
Novae has added three new areas of cover to its online offering to brokers.
MSL's valuation service part of new broker strategy
MSL Group has launched a new claims valuation service for brokers to offer their clients.
Biba questions duplication in OFT inquiry
The British Insurance Brokers’ Association (Biba) has welcomed the announcement of an Office of Fair Trading (OFT) inquiry, particularly regarding comparison sites, but added it did risk going over old ground.
MSL launches HR service for brokers
Alan Mills has been hired by MSL Legal Expenses to lead its new HR service.
Legal expenses provider loses two senior directors
ULR has announced that two senior directors have left the company.
See you in court?
The demise of no-win no-fee could leave many SMEs unable to pursue claims in court
Fighting for justice
It is time for the insurance industry to show some courage and take a moral stand against referral fees, says Tony Cornell
MSL launches new vehicle service for brokers
MSL Group has extended its offering to the broker market with the introduction of a new vehicle supply and management service.
Fusion develops DAS legal expenses cover
Fusion Insurance has announced several enhancements to its legal expenses cover with its partner DAS for both clients and brokers.
Groupama claims e-trading milestone
Groupama has labeled Optima Business Plus “the market’s first fully online, multi-section, commercial combined product”.
Elite declines to enter solicitors’ PI market
Elite Insurance, has decided against entering the solicitors’ professional indemnity (PI) insurance market this year reversing initial suggestions it would.
Allianz launches motor add-on for retail brokers
Allianz has launched Allianz Pro-Motor Rescue, an add-on motor insurance product.
FirstAssist issues legal costs warning to SMEs
Small businesses, a core part of many brokers’ portfolios, continue to ignore the risk of costly legal action even though defending an average case could potentially put them out of business, according to research by FirstAssist Legal Protection.
Groupama chief slams legal profession over referral fees
The chief executive of Groupama Insurances has blasted the “lobbying power” of the legal profession in preventing the introduction of an outright ban on the use of referral fees.
Macmillan Sheikh hits ground running with two new schemes
Following its launch, Macmillan Sheikh has unveiled two further schemes designed to provide a range of insurance cover to the cleaning industry and tour operators.
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
Editor’s letter – May 2011
Judging by our reportage on regulation, the powers that be in Whitehall have no intention of relieving the pressure on brokers. This is despite the fact that the British Insurance Brokers’ Association (Biba) commissioned independent research that found…
Power hour: legally speaking
Our experts debate the issues facing legal expenses insurance, from the implications of the Jackson Review to referral fees and broker understanding of the market. Liz McMahon reports
Government under fire over before the event myth
Legal expenses insurers (LEI) have slammed the government for creating the myth that before the event (BTE) legal protection can fill the gap left by the changes which will result from Lord Justice Jackson’s recommendations.
ABI demand to ban referral fees may prove to be futile
The Association of British Insurers may have wasted energy in its attempts to ban referral fees as new legislation on the horizon could see these fees “self regulate” without the need for any kind of mandate.
Products/schemes: How to… unlock the profit in add-ons
Many industries rely upon ancillary income to generate their profit. Low cost airlines, unable to deliver margin from their core products, instead make their money on hotels, hire cars, or travel insurance. In the motor trade, new car sales deliver low…
Review: Cover your legal expenses
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.
Arc claims market first with new maintenance product
Arc Legal Assistance has launched a specialist cover to enable individuals to pursue defaulting maintenance payers.
Select Committee polarises opinion
Results of inquiry into motor insurance costs backed by Biba – but ABI brands it a missed opportunity.