Legislation
Government reveals recalculated Ogden rate
The increase is not as generous as many had expected.
The Blog Spot: First impressions
Commissioning editor Laurence Eastham reflects on his first month in the insurance industry.
Claimant lawyers hit out at government’s discount rate reform
Lawyers say the legislation will “severely impact the seriously injured” after Civil Liability Bill is introduced in the House of Lords.
Insurance industry welcomes Ogden rate reform
Industry players expect new Civil Liability Bill to lead to a positive discount rate with some predicting a rate of between 0-1%.
Discount rate reform unveiled by the government
Justice Secretary David Gauke to introduce the Civil Liability Bill, which includes changes to how the Ogden rate is set.
Opinion: David Sparkes on why delaying the Insurance Distribution Directive is a good thing
Delays are not often welcome, but in the case of implementing the Insurance Distribution Directive it’s the best possible outcome, explains David Sparkes
GDPR a real concern for brokers
Brokers urged to implement change now or risk heavy fines.
Insurers could be hit with £100m GDPR bill
Brokers urged to seek consent from customers and a put plan in place.
Quizzical questions: 8 September 2017
Test your knowledge of the week's news with our topical quiz.
Industry welcomes Ogden rate reform proposals
Biba calls for speedy implementation of proposals.
The Blog Spot: Brokers beware worldwide cyber-crime has overtaken the drug trade
One data breach could cause huge reputational damage for a broker, what steps are you taking to protect your clients’ data?
Convoy of 'self-driving' lorries to be tested on UK roads next year
Axa says "driverless" lorries could save haulage industry £34bn over 10 years, following the government's pledge to spend £8.1m towards trials.
ABI slams “unnecessary, unworkable and unfair” motor ruling
ABI warns that owners of vehicles like golf buggies and motorised lawnmowers could be forced to take out third party insurance unless the European Commission takes action.
Quizzical questions: 28 July 2017
Test your knowledge of the week's news with our topical quiz.
Ogden: Brokers and insurers want discount rate of betwen 0 - 1%
Poll suggests two thirds think the rate should settle at between 0 - 1%.
Broking Break - Your Top Five
Queen's Speech, FCA probe on travel insurance for cancer patients, Admiral's renewal handling failures, launch of new MGA incubator and details of new CII qualification make up your top five stories of the week.
Brokers welcome arrival of new FCA GI director Keith Jackson
Jackson has insurer and broking experience at Aviva, Towergate and more recently Aon.
How could the General Election manifestos impact insurance?
Insurance Age examines what each of the major political parties has to say on issues affecting the insurance market.
In-depth - commercial lines: Acting on legislation
Several new pieces of legislation affecting the insurance industry have recently come into force. If brokers are prepared, they can really prove their worth
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
Motor market gears up for new NCD law
Brokers split over effect of new rules on no claims discount protection coming into force on 1 August
Insurance Act full of potential traps, warn lawyers
Lawyers Colin Wynter and Stuart Hill explain the possible pitfalls for brokers ahead of the implementation of the Insurance Act.
IIG warns on asbestos legislation changes
MGA predicts impact on brokers seeking contractors cover.
Broking Break: Your Top Five on Friday
It’s been a busy week in broking. In case you missed them, here are the five most popular stories.