Regulation
Biba and IIB call for FCA changes
The two broker bodies, Biba and the IIB, have jointly called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Post history - five years ago: Young driver scheme needs shaking up
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.
Post history - 10 years ago: Regulatory nit-picking lambasted
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
Comment- mutuals: Public preference
Mutuals can be overlooked or underused by public bodies, but Allan Guest argues that they are the most cost-effective and appropriate choice for public sector risks.
Warning over Solvency II pillar three requirements
Capita Consulting’s head of financial services Tony Tarquini has claimed insurers are failing to focus enough on meeting the ‘third pillar’ reporting requirements of Solvency II.
Takaful insurance: A future full of potential
Despite the failure of the first domestic Shariah compliant insurer, the Takaful market is predicted to have a great future. Sam Barrett looks at its potential for growth.
BIS Countdown - Patrick Snowball: A hostile climate
Faced with unsettled stakeholders and challenging operating environments, Patrick Snowball argues insurers must still prove they can lead reform from the front.
Brit motor boss warns haulage firms over EU regulation
Haulage companies in the UK have been warned they must increase uptake levels in the new EU-wide regime of driver certification of professional competence or else face "devastating ramifications”.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
16 firms paid 92% of PPI compensation
The Financial Services Authority has said that 16 firms, representing 92% of all payment protection insurance complaints received in the first half of 2011, have paid a total of £215m in redress between January and June 2011.
Guernsey comes top in domicile poll
Guernsey's position as one of the leading captive insurance domiciles globally has been reinforced by the results of a new study into the sector.
Solvency II could contract personal lines insurance market
Nine out of ten senior financial services executives expect the costs of complying with Solvency II to force smaller firms to quit personal lines insurance unable to make a profit, reducing choice for consumers.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
Phoney insurer stopped after Gibraltar regulator warning
The website of the alleged phoney car insurer Unique Car Insurance has been disabled after the Gibraltar Financial Services Commission warned the public the firm was not regulated as claimed.
Phoney insurer stopped after Gibraltar regulator warning
The website of the alleged phoney car insurer Unique Car Insurance has been disabled after the Gibraltar Financial Services Commission warned the public the firm was not regulated as claimed.
Risk update - Asbestos: Kept safe from harm
With the European Commission ordering the UK to amend legislation to ensure maintenance and repair workers are fully protected from asbestos, John Toms investigates the implications for the insurance industry.
Post Magazine – 25 August 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Ex-Swiftcover CEO Blowers back with new online start-up - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major…
Misleading insurance advertisers will be named and shamed
City law firm Reynolds Porter Chamberlain has warned that any insurance broker or insurance company that markets its own product can be raked over the coals by the Financial Services Authority for misleading advertising.
Post Blog: Compliance management - a technological solution
Insurance providers today have to comply with a mountain of regulations spanning different geographic regions, business sectors and service levels.
Short selling poll results
Find out what the market voted for on banning short selling across Europe.
Law Society launches helpline for riot victims
The Law Society has launched a dedicated telephone helpline to direct the victims of the riots to free legal advice.