Schemes

Editor's comment - February 2011

As you are no doubt aware from this month's cover story, brokers are facing another year of heavy, heavy levies from the Financial Services Compensation Scheme (FSCS).

Power hour: A flood defence drought

The coalition has already announced that flood defence spending is to be cut. With the Statement of Principles due to run out in 2013 this month's discussion focuses on the possible impact for insurance. Emmanuel Kenning reports from Manchester.

Reportage - Defining schemes: Spoilt for choice

Coming in such a vast array of shapes and forms, it is difficult to define what schemes actually are. Tony Bloomer argues their ambiguity enables flexibility and innovation and, ultimately, opportunity for the industry.

Reportage - Scheme innovation: Creative sparks

Has the financial crisis forced insurers to become more imaginative with new products and schemes or are they following where brokers lead? Louise Phillips investigates the catalyst for recent innovation in the market.

Reportage - Online schemes: Choosing channels

How does e-trading apply to schemes? Edward Murray explores whether the returns are worth the time and money brokers invest in putting schemes online or if they sell better off the back of face-to-face relationships.

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…

Product launch: Biba and Broker Direct unite

The British Insurance Brokers' Association (Biba) has appointed Broker Direct as a scheme provider to offer access to its private motor and light commercial vehicle products to all members.

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