Regulation Analysis

flats on fire

Insurers back government sprinkler plans, but after Worcester Park fire do they go far enough?

The fire has prompted the question as to whether sprinklers should be made compulsory for all flats, regardless of height

mobile phone car

‘Hands-free phone use as socially unacceptable as drink driving’ - could proposed ban cut claims?

A report highlighting a rise in death toll and casualties could be evidence to support an extension of the ban on using mobile phones while driving, but what does industry think?

Tax

Analysis: Where the squeeze is being felt from HMRC’s record IPT income

Insurance Times takes a deeper look at the impact of IPT following HMRC announcing a record income from the tax

changedirections_Changingrisk

Pensions PI cover: Will FCA crackdown reignite insurer interest in difficult line?

Insurers have been pulling coverage in pensions PI for a number of years, but will the FCA’s recent intervention change things?

JCB

The construction cover crisis: what we know so far and what next?

The construction market is caught up in a dilemma over Approved Inspectors who oversee projects now finding it increasingly difficult to actually get the insurance they need to operate, Insurance Times investigates

old wall

How the rising cost of traditional building materials is impacting claims inflation and premiums

It was revealed recently by Ecclesiastical that the cost of traditional building materials is increasing, but could this have a knock-on effect on claims inflation? And what other factors might be at play?

Brexit shoes

‘Delivering Brexit and uniting the country’: What does Boris Johnson as PM mean for the insurance industry?

Boris Johnson has been described as a ‘consumer champion’ by some, so what will this mean for the insurance industry

London skyline Getty

CLS: the £350m MGA looking to ‘grow by 40% in two years’ through broker partnerships

The Munich Re-backed MGA looks to grow its broker book to grow the business “by 40% in the next two years.”

GettyImages-866156202

Copart outlines potential post-Brexit salvage opportunities

Copart’s UK MD says a global client base is essential for sustainability and opportunity beyond 31 October, and how it can benefit its insurer and broker partners

Moneysupermarket apologises

Figures revealed: Insurers guilty of costly Ogden miscalculation

Based on results for 2018, some of the major motor insurers look to be hit with a multi-million pound blow as the rate remains in the negative

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Regulation News

school corridor

Zurich Municipal calls for action to tackle lack of school fire protection in England

Five of the biggest fire protection risks include lack of sprinklers, building combustibility and modern construction methods, fire detection, arson, as well as housekeeping and smoking controls

flats fire

Worcester Park fire reawakens concerns over modern methods of construction

The insurer is working with the Metropolitan Thames Valley Association to ensure residents receive needed support

flexible work

Zurich advocates staff flexible working with new “family friendly” policy

The government is seeking feedback from its modern industrial strategy consultation by 11 October in includes proposals for flexible working and urges employers to be more transparent about parental leave

email

Senior Guy Carpenter figure fired over sexually explicit email

Two other members of staff were also given internal sanctions

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