Broker
GI products in top three for FCA complaints
Financial Conduct Authority data has put general insurance products in the top three most complained about financial services products for the six months to June 2014.
CMA criticised for 'not going far enough' on MFN clauses
Agreements between price comparison websites and insurers which prohibit insurers making products available more cheaply on other online platforms are to be outlawed following an investigation by the Consumer & Markets Authority.
FCA blocks ‘uncooperative’ EPLS Risk Solutions
The Financial Conduct Authority has removed permissions for London-based broker EPLS Risk Solutions over failures to file figures to February 2014.
C-Suite – Broker: The journey to digital
When we’re busy dealing with the cut and thrust of day-to-day commercial broking, firmly focused on renewals and new business, it’s difficult to find the time to really think about what our jobs will look like in 10 years time.
C-Suite – Broker: Finding our digital feet
It always surprises me that in this modern age of tablets, smartphones and instant data, the full force and considerable benefits of the technological age still hasn’t hit Lloyd’s of London.
Marine: On an even keel
Having weathered the recession, the marine insurance industry looks to be heading into calmer waters. What are the next challenges and opportunities in store for the sector?
Swinton commercial boss Callan exits following 10 year stint
Swinton commercial director Carolyn Callan has left the high-street broker by mutual consent after more than a decade at the firm.
Market Moves - 25 September 2014
All the latest job moves in the insurance market.
Nationwide, Hiscox and LV top Fairer Finance rankings
The latest rankings from consumer campaign group Fairer Finance have handed top places for Car, home and travel insurance providers to Nationwide, Hiscox and LV, respectively.
Gallagher 'agreed terms' with fifty companies, claims Ross
Arthur J Gallagher has walked away from many more acquisitions than it has completed, according to Arthur J Gallagher International boss David Ross.
Online buying habits fueling application fraud, says Coupland
Changing distribution channels are partly to blame for the current rise in application fraud, according to SSP head of data strategy Adrian Coupland.
Gallagher appoints COO and MD of partnerships for GIS
Arthur J. Gallagher has appointed Simon Pearce and Andy Tedstone to the senior management team of its UK distribution arm Gallagher Insurance Solutions.
Cooper Gay, Willis, XL, Generali and Ace sign up for Netsett pilot
Willis, Cooper Gay Swett & Crawford and Ruschlikon UK members, Ace, XL Group and Generali, have signed up to participate in pilots of Xchanging’s Netsett platform.
Applied Systems plots UK growth
Brokers using Applied Systems software can expect to see growth in the US firm's UK arm in its product offering and staff numbers, according to the company's senior leaders.
SSP tackles £2.8bn application stage fraud with software launch
Software provider SSP has launched a counter fraud solution within a pricing and data platform in a bid to enable insurance companies to clamp down on rising motor fraud at the policy application stage.
IFR promises ‘rapid action’ on broker engagement
The Insurance Fraud Register is targeting increased participation from distributors as a high priority according to Axa’s global head of fraud and IFR project sponsor Richard Davies.
IFB to launch small broker model in October
A new model designed to bring small brokers into the Insurance Fraud Bureau will be launched on 1 October.
Career development: ERS to take on 30 new staff after Welsh government investment
Broker-only motor insurer ERS is undergoing a recruitment process in bid to expand its Swansea office after securing investment from the Welsh government.
Market Moves - 18 September 2014
All the latest job moves in the insurance market.
Expertise in Action: E-Trading: Fierce competition
The growing SME market means competition for market share is intensifying but new working practices have changed SME liabilities. How can these be assessed and managed?
Expertise in Action: E-Trading: It’s all about service
As SMEs increasingly rely on technology to manage their businesses, is there a danger of the broker being replaced by e-trading platforms?
Comment: Audit scope: New scope for coverholder audits
New requirements will need to be met after changes to coverholder audits were announced at the Lloyd’s Coverholder Auditors conference. Alec MacMillan, senior auditor at Triton Audit, explains what changes are in store for the sector
Gallagher hires Clear boss Taylor as UK MGA sales director
Arthur J Gallagher has appointed Simon Taylor as sales director for its UK MGA division, a newly created role to span the 10 MGAs brought together under the Pen Underwriting brand.
Advisen founder Ruggieri to lead CGSC in North America
Cooper, Gay, Swett & Crawford has appointed Advisen founder Thomas Ruggieri as chief executive and president of its North American operations.