Schemes
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
Household - Flood risk: Removing the safety net
In two years, the insurance industry's pact with central government to provide flood cover for at-risk properties will cease to exist. Ralph Savage reports on how insurers are planning to meet the challenge post-2013.
Green Insurance plants one millionth tree
Scotland's Environment and Climate Change Minister Stewart Stevenson planted a sapling Rowan tree to commemorate one million trees planted by The Green Insurance Company as part of a carbon offsetting scheme.
Solicitors' professional indemnity: Turning off the life support
Potential sweeping changes to the solicitors' professional indemnity market could see the controversial assigned risks pool scrapped. Jakki May investigates the effect on qualifying insurers hoping to turn a profit.
UKG launches GAP product
UK General has developed a hybrid insurance product that helps motor trade dealers avoid financial penalties arising since the Association of British Insurers published guidelines on guaranteed asset protection insurance cover in February.
Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
Solvency II - Post implementation: Capital consequences
In the second instalment of a two-part article, Steven McEwan examines what will happen if the all-important capital requirements under Solvency II are breached.
Cyber risks - Liability update: Privacy policed
Public and political awareness of cyber risks is on the rise as high-profile cases hit the headlines. Patrick Hill and Hans Allnutt review the effectiveness of existing cover options and detail unconventional developments.
Airmic 2011: Airmic launches risk management mentoring scheme
A mentoring scheme to help give young risk managers a boost in their careers has been launched by Airmic at its annual conference in Bournemouth.
IFB and Apil fraud tie-up
Discussions are underway between the Insurance Fraud Bureau and Association of Personal Injury Lawyers to establish a data-sharing agreement aimed at combating fraud.
Property claims: Sustainable claims cost fears allayed by scheme
The insurance industry is set to introduce a new sustainability scheme, measuring the carbon output of the claims process.
Postbox: High fines favoured for uninsured drivers
It was good to read Transport Minister Mike Penning is liaising with the Ministry of Justice in order to discuss the fines for uninsured drivers in last week's edition of Post.
Rehabilitation - Therapy drift: Avoiding the blame game
After the heavy criticism the case management sector received at the hands of insurers last year, Lynn Rouse looks at the way rehabilitation professionals have responded to the concerns.
Pru Health adopts new ‘sustainable’ commission model
Pru Health has adopted what the health insurer believes to be a more sustainable and transparent commission model. From April, all small and medium enterprise new business has been written on a 10:10 commission basis, with 10% initial commission and 10%…
Eight against EU-wide tax base
Eight countries have come out against plans to introduce a standard European Union-wide corporate tax base, following the deadline of 20 May.
Career development & CSR: Bluefin wins regional apprenticeship award
Bluefin Insurance Services has fought off stiff competition, including underground maintenance firm Tube Lines and engineering specialist Babcock International Group, to be crowned large employer of the year in the London regional final of the…
Ford tackles credit hire fees with claims service
Car manufacturing giant Ford is to launch a dedicated 'credit hire free' accident management arm for its customers in a bid to help eradicate personal injury claims inflation.
Law report: 'Crime of violence' debate over suicide
This law report has been contributed by national law firm Berrymans Lace Mawer.
Schemes: Scheming for success
Schemes business requires significant investment to make it work and underwriters are not prepared to tolerate poor profitability. But, as Jane Bernstein reports, the benefits are many and it remains attractive to brokers.
Post history - 20 years ago: CU is first to insure a UK astronaut
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
Mentoring - risk managers: Passing the torch
The process of mentoring, where experienced people give advice and encouragement to younger professionals, can be hugely beneficial and cost virtually nothing. Elaine Heyworth details a new scheme about to launch to assist up-and-coming risk managers.
Career development & CSR: First six BGL apprentices win full-time jobs at Fusion's contact centre
The first six young people to win places on an apprenticeship scheme launched last year by BGL have secured full-time jobs at its Sunderland-based Fusion contact centre.
ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
ARM launches building valuation service
Aspen Risk Management has launched a free building valuation assessment service for its broker partners and clients.