Biba stands firm on call for FSCS funding changes
The British Insurance Brokers' Association has reiterated its call for a change to the Financial Services Compensation Scheme funding rules before April 2012, after an MP warned the final figure for payment protection insurance mis-selling compensation could hit £4bn.
The call came at a meeting on 9 March at the House of Commons where Jonathan Evans MP, chairman of the All Party Parliamentary Group on Insurance & Financial Services, warned of spiralling PPI claims
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
More on Broker
Jensten restructures after £170m fundraise
Following the recent announcement of its £170m in fundraising, Jensten has announced a “strategic reorganisation” with the view “to triple the premium managed” by the MGA business within the next four years.
Julie Page, Aon
Julie Page, CEO of EMEA at Aon, has slipped down three places in this year’s Insurance Post Power List due to the fact Jane Kielty has risen up the ranks and stepped up to spearhead the organisation’s UK growth plans.
David Howden, Howden Group
David Howden started his career as a broker at Alexander Howden in 1981 and today his name can be seen on most high streets up and down the land.
Mike Bruce, Brown & Brown
Since his appearance on last year’s Insurance Post Power List, Mike Bruce has been promoted to CEO of Brown & Brown Europe and has also finally joined LinkedIn.
David Ross, Ardonagh Group
David Ross, CEO of Ardonagh Group, is standing next to Markerstudy’s Kevin Spencer once again.
Simon Matson, Gallagher
Simon Matson, executive vice president of Gallagher Global Brokerage, is a familiar face in the general insurance industry.
Quote speed and data accessibility at top of brokers’ wish list
Aviva's broker barometer has put access to data and insight, and speed of quotes at the top of broker wish lists as insurer service continues to be a top challenge.
Former colleagues pay tribute to David Sweeney
Former colleagues of ex-Hiscox, Sterling and Brightside manager David Sweeney have paid tribute to him after he sadly passed away at the end of last month.
Most read
- Movers and shakers who made Insurance Post’s Power List 2024 revealed
- Toilet fraudster’s claim hits the fan
- Has the Biba Conference shed its ‘Butlin’s for Brokers’ reputation?