Regulation
Royal & Sun Alliance to be fined by FSA.
Royal & Sun Alliance is to be fined by the Financial Services Authority for failing to hit certain d...
Broker networks - panacea or not?
"Joining broker networks is not the total panacea many smaller brokers hope it will be, in terms of ...
RSA put under the regulatory spotlight.
The Financial Services Authority has admitted it is keeping a closer eye on Royal & Sun Alliance tha...
Insurance industry workplace survey 2002
This second annual workplace survey provides an invaluable annual snapshot of the insurance industry, says Anthony Gould.
TheClaimRoom.com joins forces with ADR.
Commercial mediation organiser the ADR Group has teamed up with theClaimRoom.com to launch what it c...
TT Club in Swiss Re rescue deal.
Struggling transport mutual TT Club, a subsidiary of Thomas Miller, has signed a five-year quota-sha...
Belfast broker suspended.
The Financial Services Authority has suspended the trading activities of Belfast-based Northern Ire...
Tim Tookey to join Prudential.
Tim Tookey, the UK finance director of broker Heath Lambert, is leaving to join UK insurance giant P...
BBB launches acquisition vehicle.
Berkeley Berry Birch, which launched a new acquisition vehicle yesterday, intends to capitalise on t...
Learning from the past.
The high-profile collapse of Enron has brought the issue of directors' and officers' cover to the fore and, to ensure history does not repeat itself, Veronica Cowan says insurers should reconsider the information required in proposal forms.
Launch of the FSA's proposals.
"The insurance industry has proposed change, supports change, and is ready to change," said Mary Fra...
Death knell for lump sum awards.
The deadline for responses to the government's proposals on changes to the compensation system - particularly lump-sum awards - is next week. Victor Rae-Reeves warns that the industry must have its say to ensure a level playing field.
Insurers must take responsibility.
John Tiner follows up his recent Breakthrough lecture at the Chartered Insurance Institute and outlines some of the Financial Services Authority's recent initiatives and ambitions, as it attempts to put the consumer at the heart of the financial…
St Paul faces delay in rail compensation payout.
St Paul is facing a long wait in its bid to obtain compensation from the Health and Safety Executive...
French face fines for flouting EU insurance laws.
The French government faces legal action and a steep fine over its failure to comply with European U...
Schools mean business.
Investing in children's financial futures means more than just putting money into a trust fund. The Personal Finance Education Group is working via schools to get across the essential information that will give youngsters the resources to make the best…
On the endangered list?
Mutuals are beginning to look like an endangered species, with their market share declining in both life and general insurance business over recent years. However, they will retain important segments - even when the surge of demutualisations has passed,…
Fast-track future?
The internet is growing in popularity among the public and insurers as a way of logging and tracking their claims, as well as speeding up the whole process. Simon Threadgold wonders how long it will be before all claims are handled this way.
Appointment at EMB.
Andrzej Czernuszewicz, who runs the Cambridge office of actuarial consultants EMB, has been appointe...
Support welcomed from the FSA.
The Chartered Insurance Institute and the Society of Financial Advisers have welcomed the Financial ...
Appointment at Elliotts.
Neal Samarji, a longstanding partner at law firm Elliotts Solicitors in Manchester, has been appoint...
DLA to open in Shanghai in Asia push.
City law firm DLA plans to open an office in Shanghai next month, as part of a drive to expand its p...
Swiss Life launches online group protection facility.
Swiss Life has launched an online group protection facility enabling advisers to access, amend and a...
AIG to pay out on autoerotic asphyxiation.
AIG faces having to pay out for a man who died of autoerotic asphyxiation, following a Federal Appea...