Legal expenses
Expert analysis - aggregators: Mixing things up
Softening motor rates, more movement between best-price brands and augmented ancillary income emerge as aggregator themes
Expert opinion: A missed opportunity
MP for Blackburn Jack Straw's proposed bill will have no effect on fraud or premiums, says Philip Dicken, strategic partnersip director, New Law.
News review 14 - 20 September 2011
A review of news stories which broke between 14 and 20 September 2011.
Legal expenses market unclear
The International Underwriting Association has urged insurers to review their liability products in light of a vast increase in potential legal costs arising from corporate manslaughter prosecutions.
Arc Legal signs Insure for Retirement deal
Legal expenses insurer Arc Legal Assistance has signed a six figure deal to provide cover for policyholders with over 50s specialist Insure for Retirement.
Firms warned over ‘hiatus’ in approval of alternative business structures
Insurance firms seeking to become alternative business structures should beware an over-regulated business environment by an “under-resourced” Solicitors’ Regulation Authority.
MSL offers brokers valuation surveys
Legal expenses and broker services company MSL Group has launched a valuation service for brokers to offer their clients.
AJAG publishes robust rebuttal to ABI’s case
The Access to Justice Action Group has published a robust rebuttal of the Association of British insurers’ arguments in favour of the Legal Aid, Sentencing and Punishment of Offenders Bill.
Abbey profits rise despite ATE drop
Legal and professional fees insurer Abbey Protection has announced half year results showing revenue and pre-tax profit up 6% with revenue at £18.3m (H1 2010: £17.3) and pre-tax profit at £5.0m (£4.7m).
People moves - 1 September 2011
A round-up of people moves and new appointments in the industry, as featured in the 1 September 2011 edition of Post.
ULR shuffles top level after senior departures
Legal expenses provider ULR has embarked upon a major management shake-up in the wake of two long-standing senior figures departing.
Aim targets brand development with sales appointment
Aim Legal Expenses Insurance Services has appointed Ian Meachin as sales manager - as part of a push into broadening the firm's reputation among brokers, intermediaries and the automotive sector nationwide.
Elite appoints new London boss
Legal expenses insurer Elite has named Mike Payne the general manager of its London office.
Legal expenses - Commercial cover: Two sides to the story
With the legal expenses sector about to undergo a massive shake-up, Jakki May looks at the changes, why some are welcoming them with open arms and why others
Arag launches divorce insurance
Legal expenses insurer Arag has teamed up with London law firm Prolegal to offer divorce insurance.
News analysis - ABS delay: Still waiting for a change
Last week it was confirmed the Solicitors Regulation Authority would not be approving alternative business structures this year at least. Amy Ellis asks what caused the delay.
Amicus to close Colchester office in efficiencies push
DAS-owned Amicus Legal is to close its office in Colchester, making 21 people redundant.
The claimant's view: referral fee reality check
In last week's Post, Laurent Matras proposed banning all forms of referral fees paid by lawyers and to replace them with a non-profit making organisation to centralise and allocate demand to supply.
Fusion enhances legal expenses offering
Fusion Insurance and DAS have strengthened their legal expenses offering for clients and brokers.
F&L quits ABI over Jackson support
Financial & Legal has become the latest legal expenses insurer to resign from the Association of British Insurers in protest against the trade body's support of the Jackson Review.
‘Dirty secret’ comes as no surprise to legal expenses group
The Legal Expenses Group has welcomed Jack Straw’s investigation into referral fees.
Alternative business structures: I bought the law
With the arrival of alternative business structures imminent, Amy Ellis looks at the pros and cons of the ability for those outside the legal sphere to invest in services.
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Elite rules out solicitors' PI move
Legal expenses provider Elite Insurance Company has ruled out entering the solicitors’ professional indemnity insurance market due to the rules governing the assigned risk pool.