Legislation
Legal update - Bribery Act: Cleaning up
Euros Jones examines the implications of the Bribery Act 2010 for companies and senior officers, especially in the context of directors' and officers' insurance cover.
Personal injury - Culture change: Care, not cash
A perceptual shift must occur within the industry as well as across the public and the legal profession to replace cash in personal injury claims with care, argues Andrew Pemberton. Without it, the UK will struggle to escape the blame-and-claim culture…
Industry relief as plans to reform VAT exemption dropped
The European Union's decision to drop its planned reform of the Europe-wide VAT exemption of insurance and other financial services should be a relief to UK insurers and brokers.
Ceiops' IMD delay raises hopes over review outcome
The five-month delay of the Committee of European Insurance and Occupational Pensions Supervisors' submission to the European Commission on the revision of the Insurance Mediation Directive demonstrates the complexity of opinion on the subject, according…
Personal injury - Government reform: How far will they go?
With Lord Jackson's and Lord Young's reports both being delivered in close succession, the question is now whether or not the government has the appetite to deliver change to the personal injury space with some or all of the recommendations being…
Environmental liability - Toxic sludge: No fudge over sludge
The recent high profile toxic sludge incident in Hungary has been described as a 'tragedy' by the country's government. Ralph Savage reports how experts from the rural insurance and legal communities and further afield are assessing the situation.
ECJ ruling delivers blowover outsourcing VAT costs
VAT experts have predicted insurance companies could be liable for increased costs, after being dealt a blow by the European Court of Justice.
Comment - Competition commission: Devising the solution
The Competition Commission has delivered its final verdict on the UK payment protection insurance market. Martin Jenns reports on the result, what this means for the sector and how it can move forward.
Coverholders - Client money: Keeping it separate
Proper segregation of client money is a burning issue at the Financial Services Authority. Ben Hobby looks at what coverholders and their underwriters can do to make sure a clients' money is held correctly.
News analysis - Lord Young report: Sense of anticipation
David Smith gives an insurer's view of Lord Young's report, and finds there is a great deal that the public and private sectors can unite behind.
Postbox - Arag: Lord Young's missed opportunities
Lord Young's comments on compensation culture continue to baffle many in the industry as well as the public who stand to be affected by changes to the civil justice system.
Zurich director: Lord Young report needs further discussions
The insurance industry needs to work with Lord Young of Graffham to make sure his proposed health & safety code of practice is not too complex and prescriptive, according to a senior insurance figure.
Motor - uninsured driving: Driving through changes
Imminent implementation of the continuous insurance enforcement scheme will boost the battle against uninsured drivers. But every effort must be made to get law-abiding motorists onside, warns Malcolm Etchells.
In series - Property claims: The price is right
Getting the balance right over rates for property claims is essential. Sam Barrett reports on the measures taken to ensure repairs are carried out at the market rate, keeping both customers and contractors happy.
Round table - SMEs & charities: Here to inform and educate
The SME and charity sectors have been widely courted by brokers and insurers in recent years. However, questions still persist about whether these customers are having their needs properly met. With this in mind Post gathered together some industry…
Broker status: Broker LLP - a beneficial partnership?
Lockton is set to become the biggest intermediary yet to become an LLP broker. Edward Murray looks at the benefits of such a transformation.
Regulation - Life after the FSA: New beginnings
With the coalition government now set to see through its promise to abolish the FSA, Leigh Jackson reports on the possible consequences for the broking sector.
Lord Young rebuffs Arag as he promises action
Lord Young of Graffham has insisted that compensation culture "is not a hysteria, but a belief" in the wake of the publication of his long-awaited health & safety review.
Lockton aims for 1 December move to LLP
Lockton International has set itself a 1 December deadline to complete its transformation to a limited liability partnership after the move received regulatory approval.
Claims Event news: Icelandic volcano highlights industry's shortcomings on media handling
The insurance industry must take firmer steps to generate positive press around its handling of crises that generate high volumes of claims, according to a media consultant.
Claims Event news: Ever-changing tide of regulation could leave some firms exposed
"They say it is only when the tide goes out that you know who has been swimming without their trunks on", said Ant Gould, chairman of the Claims Club, as he welcomed more than 200 movers and shakers from the claims industry.
2012 deadline for review could be linked to London Games
The ambitious 2012 deadline for the implementation of Lord Young of Graffham's recommendations regarding health & safety rules could have been set as a way to encourage volunteering during the London Olympic Games.
Global business, hidden danger
The US and EU have new trade sanctions against Iran. (Re)insurers must be aware of both sets of regulations as well as potential for supra-national jurisdiction, argue Jamie Rogers and Pieter van Tol.
Monte Carlo roundtable: State of play
Mairi Mallon leads proceedings at the annual PricewaterhouseCoopers-sponsored Reinsurance roundtable at the Monte Carlo Rendezvous, where industry experts gathered to talk about the industry's hot topics.