Regulation
Fabien faces FSA inquiry
A broker that folded last month with debts of more than £700,000 is now facing an inquiry into its c...
Biba supports cash concerns
Accountants' concerns about brokers' use of cash balances have been echoed by the British Insurance ...
Appointment at Barrie and Hibbert
Barrie and Hibbert has made Colin Wilson a senior consultant to its risk management consultancy. Mr ...
Claims - Service first
Allianz Cornhill Supplement
Appointment at HCML
Health and Case Management has appointed Gavin Wright to the newly created role of chief operating o...
Why is Europe so slack on the IMD?
Three pieces of news leapt out at me last week. Firstly, it was with a mixture of amusement and ange...
Biba backs commission campaign
The British Insurance Brokers' Association this week lent its support to two European regulatory cam...
Marsh CEO to head up industry body
Bruce Carnegie-Brown, chief executive of Marsh UK & Europe, has been elected president of the Institute of Financial Services.
EU action applauded by Biba
The British Insurance Brokers’ Association today welcomed the European Commission’s decision to launch proceedings against the 10 EU member states yet to implement the Insurance Mediation Directive.
A new voice for RMI body repairers
The Retail Motor Industry Federation's (RMI) Bodyshop Services Division has been streamlined to ensure a more powerful voice for its members.
CII: FSA approved persons proposals are flawed
The Chartered Insurance Institute (CII) says it opposes Financial Services Authority (FSA) proposals to remove customer controlled functions from the regulatory regime. The CII emphasised the need for direct regulation of individuals dealing with…
Exeter capped liabilities on shared care
Specialist Private Medical Insurer, Exeter Friendly Society has announced that it has capped the liabilities on its co-payment plan, Shared Care. Exeter made these changes following feedback from both intermediaries and its members.
IIB calls foul over FSA proposal
The Institute of Insurance Brokers said today it was "extremely alarmed about proposals the Financial Services Authority is making, which, if adopted, would have the effect of depriving consumers of vital information when dealing directly with insurers."
New Bill cracks down on ATE
The government is considering a crackdown on intermediaries selling after-the-event insurance when ...
Adjuster to expand after resignations
Loss adjuster Claimex has changed its trading name after undergoing a restructuring of its main boa...
Great expectations
Niche Commercial: Trustee Liability
The EC writes to 10 members states yet to implement the IMD
The European Commission has written to 10 members states that have yet to implement the Insurance Me...
Goshawk fine a clear lesson
The £220,000 fine imposed on Goshawk from the regulator last week has been described as an 'object l...
FSA highlights failed disclosure
The regulator has issued guidance in its latest attempt to ensure adequate disclosure of policy ter...
Annual Conference and Round Table - The need for change
There is an urgent need for the UK claims process to make some fundamental changes to the way it works as cases are inefficient and costs are then passed on to policyholders. Terry Renouf looks at several ways these changes should be implemented
Annual Conference and Round Table - FSA to begin review
The Financial Services Authority will begin a review of general insurers' claims handling of retail ...
Biba slams FSA proposals
The British Insurance Brokers’ Association has today announced that is has serious concerns regarding a number of the proposals contained in the FSA’s recently issued Quarterly Consultation Paper.
FSA wants improvement in general insurance documents
A Financial Services Authority (FSA) survey has found many insurance companies are not yet fully complying with the regulator's rules on the provision of disclosure documents to customers. The work involved reviewing the content and format of more than…
Lloyd's boss Prettejohn quits
Prudential this morning announced the appointment of Lloyd's CEO Nick Prettejohn as chief executive of its UK Insurance Operations. He replaces Mark Wood.