Politics
Groupama backs calls to abolish referral fees
Groupama Insurances has lent its support to demands for the complete abolition of referral fees for personal injury claims.
ABI calls for ban on referral fees
The Association of British Insurers (ABI) has responded to the publication of the House of Commons Transport Committee report into the cost of motor insurance, labelling it a missed opportunity.
Biba supports motor insurance report
The British Insurance Brokers' Association (Biba) has welcomed the Transport Select Committee's report into the cost of motor insurance.
ABI appoints Aegon UK boss as new director general
The Association of British Insurers (ABI) has appointed Otto Thoresen as its new director general. Mr Thoresen takes up the role on April 4 and will be based in London.
News analysis - regulation: increasingly oppressive FSCS costs could hamper recruitmentConcern that jobs may be lost as brokers struggle to foot rising bill
The recent increase of over 50% in the Financial Services Compensation Scheme (FSCS) levy for brokers has raised fears that it could cause redundancies in the industry.
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…
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
Young women drivers to pay more for insurance following EU ruling
The European Court of Justice ruling will bring to an end the use of gender in insurance pricing.
Insurance Age blog: FSCS - time to go to war?
So I ask, is it time for a court case? Has diplomacy failed and is it time to wield the big stick with a class action?
Biba lobbies Office of Fair Trading on PMI
The British Insurance Brokers' Association (Biba) has welcomed the Office of Fair Trading’s private healthcare scoping paper but urged it to address the activities of private medical insurance (PMI) companies.
Biba rallies brokers to lobby Parliament on FSCS fees
The British Insurance Brokers’ Association (Biba) has contacted members urging them to write to their Member of Parliament regarding the escalating cost of the Financial Services Compensation Scheme (FSCS).
Lord Sheikh returns to broker market
Conservative peer Lord Sheikh has launched insurance broker and underwriting agent Macmillan Sheikh.
Enterprise Rent-A-Car denies it wants brokers out of claims process
Enterprise Rent-A-Car has called for an amendment to the Road Traffic Act to ensure reporting of accidents to insurers, even in cases where the at-fault driver has admitted liability, is made mandatory.
Insurance Age blog: What's in a name?
Just when you had learnt what the CPMA stood for, the Government goes and changes the name of the new regulatory body tasked with keeping naughty brokers in check.
Biba reacts to Government consultation on new regulatory structure
The Government has opened its consultation on the future of financial regulation.
New broker regulator name changed to FCA
Financial Secretary Mark Hoban MP has announced the new regulator tasked with overseeing insurance intermediaries, previously known as the Consumer Protection and Market Authority (CPMA), will now be called the Financial Conduct Authority (FCA).
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.
Federation of Small Businesses welcomes bank lending announcement
The Federation of Small Businesses (FSB) has welcomed the news that the banking sector has agreed to increase lending to small businesses.
Banks commit to 15% increase in lending to SMEs
The Government has welcomed a commitment by the UK's biggest banks on lending expectations and capacity which will focus on small to medium-sized enterprises (SME).
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 - engineering: Keeping things ticking over
With news of cutbacks to the HSE budget, there are fears the engineering inspection sector will suffer. Neil Clutterbuck advises how brokers can ensure their clients' equipment meets UK standards and help reduce risk.
Discussion paper gives first hints regarding future philosophy of CPMA
The Financial Services Authority (FSA) has called for a public debate about how it, and in future the proposed Consumer Protection and Markets Authority (CPMA), should pursue the objective of consumer protection and specifically the issue of product…