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Opinion

View from the top: Stand up to EC on renewal

The law of unintended consequences dictates that on occasion some of us will suffer from the well-meant actions of others. This certainly appears to be so in the case of the Consumer Rights Directive currently being debated at the European Parliament.

Postbox: Training rules

I read Patrick O'Connell of Oval recently on the role of qualifications in promoting greater professionalism in our industry.

Postbox: Time to use hindsight

I read with interest earlier this week that, despite a decline in foreign travel, the number of available travel insurance policies has risen by 9.5% in the last year as new policies, covering strikes and volcanic ash cloud disruption, have come onto the…

View from the top: The new watchword

Efficiency has become the watchword of the new government, as it looks for savings to combat the UK's budget deficit. The same watchword could be applied to businesses. While the likelihood of a double dip recession has lessened, we are still at a…

Postbox: A Budget tax warning

With the new coalition government currently reviewing spending and revenue, many forecasters believe that the 5% tax rate on general insurance will be at least doubled in the emergency Budget due on 22 June.

View from the top: Keeping the team onside

Compensating those who suffer injury at work and returning them to employment as fast and as safely possible is not only the morally right thing to do, but it is also in the best interest of the insured and their insurer. Nevertheless, average claims…

Penny Black's insurance week

Penny was interested to read about the fiery Prudential shareholder meeting on Monday this week, following its failed bid for Asia's AIA.

View from the top: Training is the key

The last couple of years have been tough, and although some industries are now picking up, the insurance industry is having to fight hard to take advantage of the upturn, as businesses are still reluctant to invest as much as they should do in…

Penny Black's insurance week

Despite claims to the contrary, Penny is still not 100% convinced by former Lorega chief executive John Sims' claims that he is not having a mid-life crisis.

Postbox: Validation is not onerous

Groupama Insurances counter-fraud manager Stephen Teeling's recent article 'Getting to know you' raises a valid argument that the insurance industry should follow the example of the major banks and put in place industry-wide practical validation measures…

Postbox: Davies: not just for the big insurers

I am glad to see that healthy competition prevails and wish Messrs Greenwood, Carr and Cranford-Smith good luck in their venture of creating a new loss adjusting business.

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