Airmic conference
Buyers back industry preparedness for Eurozone fallout but fear claims
Insurance buyers have commended the UK insurance industry's preparations for a potential fallout if Greece leaves the Eurozone, but warned that the industry will be tested by major claims that arise out of a crisis.
Brokers warned about potential for commission fee mis-selling scandal
Brokers could find themselves at the sharp end of the next mis-selling scandal owing to commission and administration fees distorting their recommendations, according to one industry entrepreneur.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
Contingent commissions: The reasons behind the latest u-turns
With Willis the latest broker to perform a u-turn on contingent commissions, how will the market react?
News International case a pattern of 'major governance failures'
The problems at News of the World highlighted by Tuesday's Culture Media and Sport Select Committee report are by no means confined to News International, according to Airmic, the association for risk managers.
Talking point: unlimited damages for late settlement of claims
The Law Commission's review of insurance contract law has proposed the introduction of unlimited damages for late settlement of claims. But what does the industry think?
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
Airmic teams up with Cost Advocates
Airmic has chosen costs law specialists Cost Advocates to provide its members with help reducing legal costs expenditures.
Commercial Insurers: Global Compliance - Airmic's proposed database raises questions
With global compliance still a major concern for risk managers, will Airmic's proposed database soothe corporate clients?
Post magazine – 8 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Zurich backs Airmic’s compliance database
Zurich has applauded Airmic's and FERMA's plans to develop a database of international insurance requirements
Commercial insurers to benefit from 'negative declarations' judgment
The position of commercial insurers defending claims has been strengthened after the Court of Appeal confirmed the power of arbitrators to make ‘negative declarations’.
Penny Black’s insurance week
With the festive period almost upon us Penny took a break from Christmas shopping to attend the numerous seasonal outings on offer from the ever-generous folks in the insurance world.
Broker claims unearned work transfer payments are endemic in commercial
Brokers are continuing to take secret payments from insurers and not declaring them to clients, according to a specialist commercial intermediary.
Claims club: Dominant directors to blame for low risk awareness
A corporate “glass ceiling” is preventing businesses from responding adequately to crises, due to the dominance and unwillingness of directors to listen to concerns on risk management.
Legal and tax issues top Airmic worries
Global economic and political uncertainty has had little impact on global insurance programmes, the second annual Airmic casualty benchmarking survey has found.
Airmic to have global compliance database ready by September 2013
Airmic is to create a final version of its industry-backed global compliance database by September 2013.
Global compliance database gets go ahead
London market movers have put aside concerns over competitive advantages to build a jointly owned compliance database for global insurance programmes, providing details of regulations on a territory-by-territory basis.
Interview - Don Clarke: Ready for the reforms
Incoming Foil president Don Clarke is all set to tackle the challenges ahead as he prepares to lead insurance lawyers through legal reform not seen in generations.
Cyber liability: Getting hacked off
Back in 1983, when Hollywood produced a film about a young boy inadvertently hacking into military systems, the possibility of such an occurrence seemed the stuff of fantasy and doom-mongers.
Airmic set to work with XL and industry on refined non-disclosure clause
Airmic’s non-disclosure clause, launched in a flurry of publicity in June, has kick-started a debate that could see it replaced by one drawn up by XL Insurance.
View from the Top: Keep up the momentum for a global solution
We’ve identified the problem and a solution. We must keep up the momentum to complete the process.
Airmic supports legislation to tackle compensation culture
Airmic said it strongly supports plans to tackle the compensation culture for personal injury through The Legal Aid, Sentencing and Punishment of Offenders Bill.