Legislation
Continuous Insurance Enforcement commences
The Continuous Insurance Enforcement (CIE) legislation has come into force meaning warning letters will be sent to the registered keepers of uninsured vehicles.
Law change leaves brokers unsure of role
Brokers fear increased burden if Consumer Insurance Bill passes into law.
Trade bodies hail TV campaign to tackle uninsured driving
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have welcomed the launch of a television campaign to tackle uninsured driving.
New directive on insurance intermediaries: a serious warning against excessive regulations from Brussels
The new Intermediaries Directive (IMD2), coming less than a decade after the implementation of IMDI, will re-shape the entire regulatory environment for insurance distribution in each of the 27 EU member states.
Management – Employment law: know their rights
With a host of changes to employment law coming into effect, employers need to ensure they are up to date with their legal responsibilities, says Peter Done.
Court ruling puts a stop to broker termination clauses
The Court of Appeal has upheld a High Court decision that it is not possible for a broker to enforce a termination clause if the insured goes out of business.
Bribery Act looms as guidance is published
The director of Public Prosecutions (DPP) Keir Starmer QC, and the director of the Serious Fraud Office (SFO), Richard Alderman, have issued joint guidance for prosecutors on the Bribery Act 2010.
Regulation: Abiding by the rules
As the list of financial regulators grows so, it appears, does the size of their rule books. Branko Bjelobaba hopes a review of the FSA
News analysis - regulation: anti-corrupution body calls on Government to show proper commitment to Bribery Act
The lowdown: The delay in implementation of the Bribery Act will not necessarily see a dilution of it
Reportage - SME: a blossoming romance
The SME love affair has been flourishing for a while, but what does the term actually mean? With nearly all UK enterprises falling into this category, Liz McMahon explores the sector's diverse needs.
Video: The Bribery Act 2010 delay - part 2 advice for brokers
After Justice Secretary Ken Clarke made clear the delay did not mean Government had any intention of "watering down" the Act, partner at Browne Jacobson, Matthew Woodford, advises brokers on how to prepare for the new rules.
Video: The Bribery Act 2010 delay - what does it mean for brokers?
Matthew Woodford, partner at law firm Browne Jacobson, gives his thoughts on the Government's decision to postpone the implementation of the Act.
Enforcement welcome but lacks bite says motor industry
The insurance industry has delivered a mixed response to recent government forays into uninsured driving and the cost of insurance in the sector.
Reportage - Environmental liability: Caring for the environment
As local authorities begin to grasp the new Environmental Damage Regulations, the number of cases ending in legal action looks set to rise. Liz McMahon clarifies how brokers operating in the agricultural sector can protect themselves and their clients.
Majority of firms ill-equipped to cope with new Bribery Act
Nearly two thirds of insurance firms are still not prepared for new anti-bribery legislation set to be enforced in April this year.
Your opinions: Any thoughts on implementation of the Consumer Credit Directive?
Insurance Age welcomes your opinions via email, Linked In, the Broker Forum, Twitter and good old-fashioned letters. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 - 34 Broadwick Street, London, W1A 2HG, or email martin.friel…
Delay to Bribery Act should not distract businesses, says PWC
The Ministry of Justice (MoJ) has confirmed that the Bribery Act, due to come into force in April, will be delayed until it has issued further guidance to businesses.
Insurance Age blog: The Bribery Act = end of corporate jollies?
Every man has his price, according to Sir Richard Walpole and maybe I'm cynical but I tend to agree with him. Most people like to believe that, if pushed, they would not take an option which benefited them more than the client they should be serving.
Editor's comment - January 2011
Here we go again. Another year, another set of woes. The economy has only improved slightly, premium rates still show no sign of real hardening and insurers still seem hell bent on self-sacrifice in the name of growth. I feel for you brokers, I really do…
Reportage - Setting up a scheme: A scheming mind
Louise Meeson uncovers what a successful scheme looks like and offers practical advice on how brokers can identify and run one - should they find an existing niche or create one, how do they sell it to the insurer and is it possible to win schemes from…
Your opinions: Consumer Credit Directive reaction
Insurance Age welcomes your opinions via email, Linked In, the Broker Forum, Twitter and good old fashioned letters.
PB December 2010: News round-up
Apple iPhone apps continue to be all the rage in the insurance industry. Aviva launched MyClaim, a free app enabling policyholders to file a motor insurance claim remotely from their iPhones.
Legal - IMD2: Mediation directive is up for grabs
The Insurance Mediation Directive is set to be superseded. James MacNish Porter says now is the time to give the EU your input.
Risk management/claims: Brokers warned: enforce EL or risk legal action
Brokers that fail to advise clients about environmental liability risks could face legal action following a government crackdown.