All Party Parliamentary Group on Insurance & Financial Services (APPGIFS)
Mutual chief calls for Treasury support for Share Bill and better PRA engagement
The Government has been urged to get behind the Mutual Redeemable Share Bill that was introduced by Lord Naseby in July.
Flood Re boost among insurance implications of government reshuffle
New financial secretary Sajid Javid looks set to retain insurance liaison role.
NFDA meets MP Evans about claims management companies
The National Franchised Dealers Association has aired its concerns about claims management companies’ behaviour in light of payment protection insurance mis-selling scandal to the chair of the All Party Parliamentary Group for Insurance and Financial…
Insurers welcome Flood Re but call for clarity over liability
Insurers’ agreement to the terms of the Statement of Principles for another two years will provide the Association of British Insurers and government enough time to resolve outstanding issues around the implementation of Flood Re, according to the trade…
Property Claims 2013: Industry gives its backing to Flood Re model
A panel has backed the Association of British Insurers’ Flood Re scheme to replace the Statement of Principles, while warning that a return to an open market situation remains a possibility.
Another lobbying scandal: how much longer before the government acts?
News of further lobbying scandals broke last week and hit the headlines of most of the national papers over the weekend.
Claims rise adds to fears fraudsters are targeting EL
Employment arena is ‘fertile’ ground for organised fraud
Kennedys partner West warns of fake employment agencies targeting EL insurers
Gangs that previously staged fraudulent motor accidents to con insurers out of cash are now turning to target employers’ liability claims with a new underhand trick, it has been claimed.
PRA lobbies UK parliament for Solvency II probe
The head of the Prudential Regulation Authority, Andrew Bailey, has asked the British parliament to review Solvency II reforms he termed “lost in the detail and vastly expensive”.
Fixing the protection gap in the UK
I recently presented to the All Party Parliamentary Group on Insurance and Financial Services to discuss the future of lending at a time when consumers have lost confidence in income protection programs.