All articles by David Blackman – Page 7
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This Week
Straw begins working on tough new regulator to oversee motor insurers
Cross-party support for a statutory regulator inevitable unless public sees reductions
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Online only
Djanogly moves to curb lawyers' fixed fees
Ministry of Justice begins work on revamping portal payments framework
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Online only
Insurers join forces against RSA following landmark repairs court judgment
Firms in talks about joint move following court ruling condemning RSA subrogation
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IT Interview
IT Interviews: François-Xavier Boisseau and Laurent Matras
‘Anybody pretending that you can grow profitably needs a tap on the shoulder’
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News
Banning referral fees could ‘do more harm than good’
A standalone ban could have negative consequences, insurer heads warn
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News
Broker bodies raise alarm over cost of new regulator
Joint industry response warns against fee hikes arising from cost of setting up FCA
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News
19 Aug-1 Sep: David Blackman's week
With a busy few days of motor results and referral fee revelations, this week is no total wipeout …
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François-Xavier Boisseau and Laurent Matras, Groupama
In their first ever joint interview, the Groupama top two talk first-half results, misery in the commercial market, and being honest with your shareholders
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Analysis
Daily briefing: Wednesday - Admiral reveals all
The insurer says its income from referral fees is around one-twentieth of its profits, but external sources expected more
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Analysis
Daily briefing: Wednesday - From macro to micro
Eurozone deals are being struck as the UK regions get more bad news, while Co-op steals the telematics march
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News
Premium Credit sold for £800m as not a ‘natural fit’ with Bank of America
Bank sells premium finance provider to private equity firm as it sheds non-core assets
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Gabriel Bernardino, Eiopa
The chairman of the new Eiopa says that while delays are frustrating, he is confident Solvency II will lead to higher standards worldwide
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Analysis
Daily briefing: Wednesday - Kerry London spins the losses
The broker is pleased with reducing its losses by 50%, but turnover also shrank last year
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News
FSA poised to swoop on small brokers over client money-handling rules
Regulator’s stance reflects a tougher approach to compliance and financial crime
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Analysis
Daily briefing: Wednesday - A long wait for a hard market
Both micro and macro views of the sector suggest an end is in sight for soft rates, but not everyone is convinced
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Analysis
Willis warning: five steps to a fine
Willis’s record-breaking FSA fine over its foreign business relationships in high-risk locations is a cautionary tale. So where did it go wrong?
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Analysis
Daily briefing: Wednesday - the first to fall
PPI provider Wilmslow had no day-to-day link with the insurance world, so why are brokers paying for its mistakes?