Post - 2011-03-03

New rating factors needed after European gender ban

Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.

Allianz launches repairer forum

Allianz has confirmed the launch of a new repairer forum to provide two-way consultation between the insurer and its network of suppliers.

Biba to take FSCS fight to the House of Commons

The British Insurance Brokers' Association, the Association of Independent Financial Advisers and the Association of British Insurers are set to discuss Financial Services Compensation Scheme levies at the House of Commons next week.

RBSI CEO Geddes reveals plan to float in tranches

Royal Bank of Scotland Insurance chief executive Paul Geddes has revealed that if it decides to go down the initial public offering route in 2012, this will probably be done in a number of tranches, rather than one offering.

SAGB shells out on deal

The Shellfish Association of Great Britain has agreed an exclusive deal with broker A-One Insurance Group and underwriter David Oliver Associates to provide commercial cover for its members.

RDT: cloud computing aids quick products

Insurance administration solutions specialist RDT has claimed the launch of the first rating engine using cloud technology will enable insurance providers to take products to market via aggregator sites more quickly and cheaply.

MIB to appeal Jacobs ruling

The Motor Insurers' Bureau has been granted leave to appeal a landmark Court of Appeal decision allowing a British holidaymaker injured in a motor accident in Spain to claim against it.

Penny Black’s insurance week

The only thing Penny loves as much as the insurance industry is the glitz and glamour of Hollywood, so she was particularly pleased when the world of underwriting collided with the Oscars last week.

View from the top: an updating challenge

Much has changed during my time in the broker market, but the one thing that hasn’t is that insurers still need to get their car insurance rates to the broker software houses some six weeks in advance. It will then be a whole month before we can change…

Postbox: staying ahead of the game

The recent article ‘Brokers unprepared for household fraud’ concerning a Legal & General report raised some interesting issues for the broking community.

Investing in the profession - claims: a focus on training

There has been a lot of talk about professionalism in the claims sector. But while those operating in the field have long been granted access to significant training resources, what about those in the back office? Daniel Dunkley looks at whether things…

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