Close-knit is a better fit

Woman pulling jumper over her face

Nigel Clarke, executive director at MYI chartered loss adjusters, explores how the captive programme affects approaches to loss and the claims process.

The benefits sought by companies following a captive programme are many but primarily they relate to making cost savings and ensuring easier claims handling and management. The bottom line benefits

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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