Post - 2011-04-28

Bolt concern over charges

Bosses at Lloyd's insurers have received a letter from director of performance management Tom Bolt, addressing fears over extra broker remuneration charges.

Firms face ruin after court ruling

The insurance industry has been warned some firms could face ruin after a legal challenge to the Financial Services Authority's measures to deal with payment protection insurance complaints was rejected.

Postbox: Winning the battle for hearts and minds

It was really interesting to read the archived Post article highlighting comment made 50 years ago by Noel Hickey, chairman of the Galway Centre of the Insurance Institute of Ireland, on how the insurance industry was failing to gain consumer and media…

Ancile MBO refocuses plans

A management buyout of personal lines intermediary Ancile Insurance Group was always the intention, according to its managing director.

Penny Black's insurance week

After devoting 44 years of his life to Allianz and its previous incarnations, it would seem that technical claims manager Roy Hebburn deserves a decent send off, having announced his retirement.

Editor's comment: Beware the brain drain

Sometimes it's good to go against the grain — it can signal creativity, innovation and a desire to differentiate. And then there are the times when mirroring market trends undoubtedly brings the best outcome for individuals concerned.

Telematics insurer targets 60 000 policies by year end

Curfew-based telematics products for young drivers will not only fail to improve behaviour and accident statistics, but the business model is also flawed. That was the warning issued by Mike Brockman, founder and joint CEO of Insure the Box, as he…