Where am I?

Legal boss airs concern as first three ABSs are revealed

Spencers Solicitors director John Spencer has responded to the identity of the first three alternative business structures licensed by the Solicitors Regulation Authority by raising concerns over the...

Insurer | 28 Mar 2012 secure

John Spencer
ward-chris-abbeyprotection

Abbey to buy law firm on ABS go-ahead

Abbey Legal managing director Chris Ward, pictured, has said the insurer will buy a stake in a law firm as soon as the Solicitors Regulation Authority gives the green light to its Alternative Business Structure application.

Insurer | 27 Mar 2012 secure

David Williams

Personal injury firms feel pinch as pressure to consolidate intensifies

The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.

Insurer | 27 Mar 2012 secure

computer-magnifyingglass

Quindell recruits CGU/NU IT merger expert

Acquisitive Quindell Portfolio has appointed the man who oversaw the GA/CGU/Norwich union IT integration, Dave Peffer, to bring together its recent purchases into a single service.

Claims | 09 Mar 2012 secure

Silhouetted figure in tunnel

Journey through the dark: the effect of ABS on solicitors' professional indemnity business

The effect of the arrival of alternative business structures on solicitors' professional indemnity business remains unclear, with no indication of what's at the end of the tunnel.

Insurer | 06 Mar 2012 secure

insurance-hound-monty
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Insurance Hound

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Quindell head of investor relations Gillian Baker

Quindell integrates claims firms

Insurance outsourcing firm Quindell Portfolio has appointed Gillian Baker to a newly formed strategy and integration advisory board for all its claims businesses.

Claims | 21 Feb 2012 secure

Legal

SRA receives 121 ABS applications

The Solicitors Regulation Authority has revealed it has received 121 Stage 1 applications from organisations wanting to be regulated as an alternative business structure.

Claims | 17 Feb 2012 secure

A BT Openreach van

BT Claims to serve insurers and brokers

Telecoms firm BT's in-house claims arm has applied to the Solicitors Regulation Authority to become an alternative business structure, with plans to offer services to insurers and brokers.

Claims | 17 Feb 2012 secure

Gavel

Market fears for unintended consequences as first ABS approval nears

The first alternative business structure could be greenlighted as early as next week.

Insurer | 14 Feb 2012 secure

Stephen Ross Deloitte

Law firms' ABS will lead to M&A activity

Alternative business structures that allow non-lawyers to control and own law firms will result in a frenzy of mergers and takeovers, according to the latest Insurance Market Update from Deloitte.

Claims | 13 Feb 2012 secure

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Insurance Insight
Paul Asplin DAS UK chief executive

Legal expenses insurer DAS returns to profit and applies to SRA to buy a law firm

DAS has reported that it increased gross written premiums by 16% in 2011, returning a pre-tax profit of £9.7m compared with losses the previous year.

Insurer | 09 Feb 2012 secure

Arrow Chart

ABS applications to the SRA at 96 and counting

The Solicitors Regulation Authority has today revealed that the number of firms which have officially requested to be licensed as alternative business structures has almost reached the 100 mark.

Insurer | 07 Feb 2012 secure

Jonathan Swift

Editor's comment: Speculation turns into action

The chatter around ‘Tesco Law’, alternative business structures and law firm consolidation appears to be getting louder each week as another eye-opening deal is unveiled to the media.

Insurer | 07 Feb 2012 secure

tim roberts parabis

Private equity: Parabis secures Duke Street backing as links are made to prospective ABS bid

Duke Street takes a majority stake in the Parabis Group, opening the way to achieve ABS status

Insurer | 07 Feb 2012 secure

legal-tribunals

Quindell to add to Silverbeck ABS deal

Quindell is set to announce purchases and partnering arrangements to add to its alternative business structure deal with law firm Silverbeck Rymer.

Claims | 24 Jan 2012 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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