Regulation Analysis
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
‘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?
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
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?
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
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?
‘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
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.”
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
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
‘Urgent reforms’ needed as construction sector enters insurance crisis
E-scooter accidents spark debate on making insurance compulsory
What effect will the Ogden Discount Rate increase have on premiums?
Revealed: The hundreds of millions at stake as Gefion deals with multiple blows
Briefing: The FCA is asleep at the wheel on unethical property commissions
Will cyber policies cover huge GDPR data breach fines facing BA and Marriott?
Watch out, the FCA is coming for you: Crackdown tactics on GI professionals revealed
Brokers scramble for new premium financing amid Gefion crisis
Briefing: Gefion in trouble – the unpalatable truth of why brokers use unrated insurers
Insurance industry mulls impact of ‘landmark’ BA data breach fine
Briefing: So why DID Amanda Blanc leave Zurich?
Brokers urged to act on tradesmen fees
2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Betfair-backed insurer champions claims sharing over ‘dysfunctional mainstream insurance’
NIG looking forward to “exciting year” after successful eTrading performance
Regulation News
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
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
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
Senior Guy Carpenter figure fired over sexually explicit email
Two other members of staff were also given internal sanctions
