Legal expenses
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.
Jackson proposals to be implemented in full
The Lord Chancellor, Kenneth Clarke, today announced in the House of Commons proposals for implementing major changes to the way in which civil litigation is funded in England and Wales.
Reportage - SME: SMEs under the regulatory spotlight
The risks that the SME sector faces on a daily basis have increased significantly over the past 10 years. Rising regulation and an increasingly litigious society mean that such businesses are facing an ever-growing rate of claims often not covered by the…
Profile - Henry Engelhardt: Admiral of the fleet
Henry Engelhardt was at the bow when the Admiral ship first set sail and he led the company onto the stock exchange when it floated in 2004. Emmanuel Kenning talks to the CEO about claims, pricing and the source of great market envy - the provider's COR.
Arc claims first in legal expenses claims technology
Arc Legal Assistance has launched what it claims is the first UK iPhone claims App for legal expenses policies.
New LEI product tailored for smaller landlords
Arc Legal Assistance has teamed up with Swinton Commercial to launch a commercial rental guarantee product for semi-professional landlords.
Product review: A comprehensive package for letting agents
This product has been reviewed by brokers and rated from one to five based on the policy’s key benefits.
Legal expenses: Referral fee free?
Martin Friel looks to the future and imagines a legal expenses market where referral fees no longer exist. What would this mean for brokers and how would the sector adapt to accommodate this change?
Viewpoint: Justice for all will disappear
It is all too easy to point at the manner of Lord Young's recent departure from government as the Prime Minister's enterprise adviser to suggest that he was out of touch with the real world. Some commentators had already made the observation back in…
Arag warns of difficult times ahead for claimants
Arag has warned that radical reforms to the legal aid system and civil litigation could leave many claimants in a significantly worse position.
Jackson consultation silent on referral fees
The Government said it was waiting for the Legal Services Board review before it made a decision on whether to abolish referral fees.
Risk management/claims: Lord Young slams 'unnecessary' low-hazard risk assessments
Lord Young has called for a stop to low-hazard health and safety risk assessments as part of his review into UK compensation culture.
APC launches fast food insurance offering in Ireland
Commercial insurance underwriting agency APC is launching a bespoke takeaways product designed to cover single or multiple shops and fast food franchises trading in Ireland.
PB's DAS Little Book of Business Law 2010 (Autumn edition)
Retirement law changes and a rise in employment claims: we keep broker business managers up-to-date
Broker claims debate - roundtable: A case of too many cooks?
The friction between brokers, insurers and accident management companies is well documented, but what has come under less scrutiny is the underlying reason for this tension. Martin Friel reports on this special roundtable debate.
29% of chief executives have no worries
Survey finds some surprises in the attitudes of chief executives, but further down the chain there is deep concern about redundancy.