Politics
Brokers cautioned to take note of fixed-premium IPT exception
Despite the Chancellor's u-turn on the imposition of IPT on intermediary fees, brokers have been warned that they may still apply to add on policies such as legal expenses and breakdown cover.
SME plans fail to impress
The 2010 Budget proposals to ease the burden for small to medium-sized enterprises (SMEs) have received a lukewarm reception from the business community.
Gallagher aquires FirstCity
Arthur J Gallagher (AJG) (UK) has today signed an agreement to acquire substantially all of the (re)insurance broking business of FirstCity Partnership.
Budget 2010: IPT broker burden reduced
Biba and the IIB have both expressed satisfaction following the publication in today's Budget of the final legislation extending the scope of Insurance Premium Tax (IPT).
Government in dog insurance law u-turn
The Government has made a u-turn on plans to force all dog owners in England and Wales to insure against their pets attacking someone.
Government to introduce compulsory insurance for dog owners
All dog owners in England and Wales would have to insure against their pet attacking someone, under a consultation on amending the 1991 Dangerous Dogs Act
Parliament considers MoJ reforms
Parliament is considering the Ministry of Justice (MoJ) fast-track cost regime reforms for low level road traffic accident personal injury claims.
Liquidity dangers
Emmanuel Kenning reflects on the cash flow challenges facing broker managers in 2010
ABI welcomes Government asbestos pledge
The Association of British Insurers (ABI) has welcomed the announcement by the Justice Secretary Jack Straw of a package of measures to help people with asbestos-related diseases.
ABI hits back at Government employers' liability proposal
The ABI has voiced concerns about proposals to set up an Employers’ Liability Insurance Bureau (ELIB), as outlined in a Department for Work and Pensions consultation paper
Think-tank predicts economic growth but rising unemployment in the UK
A report by the National Institute of Economic and Social Research (NIESR) has predicted positive economic growth for the UK economy but also described a more gloomy outlook for unemployment.
Insurance industry encouraged to take on apprentices
The Government has launched National Apprenticeship Week and is urging insurance employers to recruit apprentices
Biba welcomes Government signposting proposals
The British Insurance Brokers' Association (Biba) has welcomed the new policy statement from the Government's equality office which aim to ensure that customers can obtain cover
UK insurance industry faces "regulatory paralysis"
Wolters Kluwer Financial Services warns political confusion could create a "perfect storm of misunderstanding"
Law firm welcomes Government terrorism decision
British victims of terror attacks overseas will be eligible for compensation
Biba welcomes Government decision on terrorism
British victims of terrorism abroad will now receive compensation
FSB calls for snow conference
The Federation of Small Businesses wants major conference to better prepare the country for icy weather
KPMG predicts reduction in "broker-friendly" personalities
Mark Winlow, UK head of general insurance at KPMG, says new personalities will change the character of the market in 2010
Biba launches 2010 manifesto
Eric Galbraith, Biba chief executive, highlights changing political and regulatory landscape as major challenge
Senior executive leaves Willis to return to Marsh
Julian Macey-Dare launched career at Marsh but left in 1995.
Brokers in the spotlight after surprise IPT ruling
Closure of tax loophole could hit brokers' pockets
Insurance companies avoid bonus supertax
HMRC clarifies who will be affected by the 50% bank payroll tax on bonuses over £25,000
Insurers attack Government over trade credit top-up flop
Government claims industry hasn't embraced scheme