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ABI says OFT could cut claims costs

The Association of British Insurers claims the Office of Fair Trading investigation into motor claims is an opportunity to improve the personal injury compensation system.

Insurer | 14 Dec 2011 secure

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Lynn Rouse

Editor's comment: Sales, sprinklers and statistics

Any reputable estate agent — excusing the potential oxymoron — will tell you the property market falls quiet in the run-up to Christmas, as potential vendors focus on the festivities ahead. Not so in the insurance market, with an unexpected end-of...

Broker | 29 Nov 2011 secure

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Future technology competition

Many accuse the insurance industry of being less than innovative and behind the curve with the application of technological advances, this is you chance to prove them wrong.

Insurer | 01 Nov 2011

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OFT launches inquiry into Google aggregator deal

The Office of Fair Trading is to investigate Google’s acquisition of UK price-comparison website Beat That Quote.

Insurer | 12 Apr 2011 secure

Tough conditions

Career development & CSR: Broker BGL backs youth rugby skills competition

Budding rugby players in Peterborough are being offered the chance of a lifetime to train with rugby legends Will Greenwood and Austin Healey.

Broker | 15 Feb 2011 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

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News analysis - OFT: Competition investigation ends in a 'damp squib'

Following a tip off from insurer RSA, the Office of Fair Trading looked into whether an Experian data analysis tool could create the potential for price fixing. Mairi MacDonald reports on the results of the lengthy investigation.

Regulation | 18 Jan 2011 secure

Jonathan Swift

Editor's comment: A whimper not a bang

Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with...

Insurer | 18 Jan 2011 secure

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Software and service providers to adhere to new OFT principles

SSP has stated that it has “cooperated fully” with an Office of Fair Trading investigation into whether a data analysis tool developed by Experian broke competition rules.

Regulation | 13 Jan 2011 secure

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CMS Cameron McKenna slams competition proposal

Law firm CMS Cameron McKenna has criticised government proposals to merge the Office of Fair Trading and the Competition Commission claiming it could the equivalent of “replacing a Rolls Royce with a Mondeo”

Regulation | 14 Oct 2010 secure

Vince Cable

Government proposes single competition body

The Competition Commission and the competition functions of the Office of Fair Trading are to be merged to form a single competition and markets authority, under new proposals by the Department for Business, Innovation and Skills.

Regulation | 14 Oct 2010 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
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CC confirms PPI point of sale ban

The Competition Commission has confirmed its decision to introduce a point of sale prohibition on payment protection insurance.

Insurer | 14 Oct 2010 secure

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RSA spotlight - Bob Mendelsohn: Whatever happened to Bob?

Having promised RSA that he would make it his mission to track down its former CEO Bob Mendelsohn to mark the firm's 300th anniversary, Jonathan Swift's job was made somewhat easier than anticipated when he resurfaced at US insurer Navigators last...

Insurer | 18 Aug 2010 secure

autowindscreens

Competition: Chelsea Auto Legends

Auto Windscreens would like to offer two lucky Post readers a pair of tickets to the inaugural Chelsea Auto Legends on Sunday 5 September.

Claims | 12 Aug 2010 secure

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Competition Commission launches PPI consultation

The Competition Commission has unveiled a consultation paper on the way retail payment protection insurance is sold.

Insurer | 29 Jul 2010 secure

lloyds-bank

Lloyds pulls credit linked PPI products

Lloyds Banking Group has announced it has ceased selling credit linked payment protection insurance (PPI), effective from 23 July.

Insurer | 27 Jul 2010 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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