Editor's comment: Not so jolly holidays for insurers

Stephanie Denton

So school is out for summer and, as children and MPs bask in the knowledge that there is no homework until September, insurers have been left hanging until term starts up again.

Despite the high hopes of the industry, the government failed to release details of the flood risk model that will replace the Statement of Principles before breaking up.

The clock is now ticking down

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Biba follows ABI in addressing premium finance

Less than a month after the Association of British Insurers published guidance for members providing premium finance to customers, the British Insurance Brokers’ Association has followed suit.

Biba defends centuries-old commission model

The British Insurance Brokers’ Association has today launched a guide encouraging members to stick to the traditional commission model and warning of the dangers of straying from it.

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.

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