Referral fees

Postbox: Mediation is a viable alternative

The various debates surrounding the future of referral fees and the resulting impact on the costs of insurance — 'TSC re-opens premiums inquiry as referral fee furore escalates' and 'Referral fees a 'red-herring', claims CSC' - overshadow the fact that…

Zurich adds referral fee clause

Zurich has added a clause to its terms of business arrangement that requires all personal lines brokers to reveal details of referral fee income involving its customers.

Referral fees: End of the affair?

Despite recent calls for a ban on referral fees, the government must weigh up the wider considerations and consequences of its actions, explains Leigh Jackson.

Referral fees a 'red herring' claims CSC

The Claims Standards Council has warned the insurance market that abolishing referral fees is a "red herring" that will only send motor insurance premiums "through the roof", due to the loss of their ancillary income stream.

Keoghs boss: motor claims costs to rise under reforms

The Ministry of Justice should "refocus on cost" if Lord Justice Jackson's reforms are to deliver lower premiums for customers. Steve Thomas, director of market affairs at law firm Keoghs, has warned the government consultation that started in August…

Editor's comment: Referral fees witch hunt

Well, it was bound to happen sooner or later: public outrage at referral fees and the "gobsmacking" practice of insurers making money from passing on details of claimants to personal injury solicitors. Few, however, would have put money on it emanating…

Axa ready for referrals ‘hurt’

Axa UK’s decision to stop accepting referral fees will “hurt” it in the short term and lose it several millions of pounds in income, but it is looking to the “longer-term prize” of getting bodily injury claims under control, according to personal lines…

Axa bans referral fees

Axa said that it will no longer accept referral fees from personal injury lawyers and has called for whiplash injury reform to eliminate fraud within the industry.

ICO to investigate Jack Straw’s claims

A spokesman for the Information Commissioner’s office has confirmed that it is launching an investigation into claims from Mr Straw that motor insurers who sell clients' details to personal injury lawyers are breaking the law.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here