Legislation
Roundtable - Legal Reforms: Jackson reforms: First impressions
Implemented as part of the Legal Aid, Sentencing and Punishment of Offenders Act 2012, how have the Jackson reforms affected the industry so far – and what will their impact be in the future?
Law report: Thames refused ‘deposit’ relief
This law report was supplied by law firm Berrymans Lace Mawer.
View from the Top: Complying with the spirit of the law
It is up to insurers to support government efforts to ensure personal injury claims are handled correctly, says John O'Roarke.
Interview: Sandy Dunn and Penny Searles: Driving force
With the revival of telematics set to change the face of motor insurance underwriting, Wunelli founder Sandy Dunn and managing director Penny Searles explain why they believe their firm is in the driving seat in this sector.
Broking Supplement: Terms of Business Agreements - On our terms
The ABI and Biba got together at last month's Broker Insurer Forum to agree a standard Terms of Business Arrangements template. Post finds out what impact it will have on the industry.
Lords’ EL U-turn brings uncertainty and will lead to satellite litigation
Insurers have been warned they may face increased indemnity spend for employers’ liability claims, as legislation passed by the House of Lords last week in the form of the Enterprise & Regulatory Reform Act 2012 will require time-consuming and costly…
View from the Top: Heading in the wrong direction
The ABI’s plan to reform medical assessments is not the solution to the whiplash problem, says Andrew Pemberton.
Risk Management: Adapt to survive
Professional buyers and the market that serves them have a shared interest in keeping corporate insurance relevant, yet changing circumstances are threatening its role and value.
In Series: Personal Lines: Getting the balance right
Insurers are deploying fraud detection measures earlier, in an attempt to reduce exposure, while still providing a good customer experience. by Graham Odiam
Scottish Future: Extending damages time
Insurers north of the border may soon be having to keep claims on their books for much longer, says Laura Brain.
Insurers refuse to back government plan to extend Statement of Principles
Insurers have declared they are unwilling to green-light a temporary extension to the Statement of Principles unless the government provides “a definite commitment” that a long-term flood risk solution is imminent, after Environment Secretary Owen…
Asbestos: Unclear Future
From differences in compensation eligibility across the UK to legal battles over mesothelioma liability, asbestos-related illnesses are presenting insurers with a range of challenges.
Leader: Beyond a joke
“It is understood European decision makers are poised to broaden the scope of the Gender Directive – which has also impacted the setting of premiums in the life and annuities markets – to cover cats and dogs.”
Hostile ABI response to ‘inferior’ Flood Mu model sparks wider debate
The Association of British Insurers’ attempts to derail a proposal put forward by Marsh to secure a mutualised solution to flood risk have been criticised by politicians and industry insiders.
Your say: Investigators aren’t the villains
I find the Financial Services Authority’s thematic review into the insurer-investigator relationship a curious exercise.
Metal Theft: Copper and Robbers
New legislation promises to make life tougher than ever for scrap metal thieves and ease the demand on insurers – but why is the market unconvinced it will be effective?
Credit Hire: Co-operation not combat
With concerns over credit hire at an all-time high after the collapse of Drive Assist, what is the future for credit hire organisations, and can they ever truly make peace with insurers?
International: Are you protected?
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
News review: British insurance staff could lose jobs
Staff at mortgage payment protection insurance provider British Insurance has been put on redundancy notice by the firm's parent company Towergate Insurance.
North of the Border: The same rules of privilege apply
The extent of legal professional privilege was at issue when the Supreme Court considered the appeal in Prudential v Special Commissioner [2013].
Expertise in Action: Pricing: Looking for support
With brokers calling on insurers to share more information and provide greater practical assistance, how can both parties – and their clients – benefit from better collaboration?
Expertise in Action: Pricing: A Perfect Storm
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Solvency II compliance could move to 2016 following latest delay
The European Parliament plenary meeting to consider, and possibly approve, the Omnibus 2 amendments to the Solvency II directive has been moved back from 10 June to 22 October 2013.
Scottish powers already affect industry
The independence debate has been dominating headlines in Scotland, but insurers should keep in mind that the Scottish Parliament already enjoys significant power over issues that are relevant to their business.