All Insurance Times articles in Issue 13-12-2007
View all stories from this issue.
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News
No disclosure, but uncertainty remains
Brokers are frustrated that the FSA has backed off mandatory commission disclosure, but will start a review of the decision in the New Year
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News
Decision time for FSA
Michael Faulkner says it is time for the FSA to resolve its stance on commission disclosure and move on
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News
Willis challenge to broker networks
Willis is set for an aggressive drive to grow its network in the New Year, according its UK and Ireland chief executive, Brendan McManus.In his first interview since taking over the helm at the broking giant, McManus said Willis was looking to target disenchanted members of other networks as part ...
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News
Fresh Heritage bids to follow Ironshore rejection
Bidders expected to pay around 150p per share for Lloyd’s underwriter
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News
Lloyd’s insurer Hardy to redomicile to Bermuda
Chief insists London operation will continue as normal
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News
Benfield shares dip after year-end profit warning
Expected problems in 2008 lead to creation of £300m debt facility
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Online only
FSA bans four linked to Sphere Drake losses
Quartet were dishonest in operation of reinsurance binder
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News
Cila prepares to defend its summer floods record
Loss adjusting body to counter negative images of people living in caravans over Christmas
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News
DAS sets up team to grow legal business
Move a prelude to acquisition of Bristol law firm in 2011
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Comments/Letters
Responding to Reeh
Early in 2007, I had cause to respond to criticism from Thomas Reeh, chief executive of broker blackandwhite.co.uk who took exception to my concerns over the mis-selling of payment protection insurance (PPI), its huge commissions and the promotion of single premium policies.He accused me of being “out to get” mortgage ...
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News Analysis
Shaking up the networks
Willis' UK chief Brendan McManus tells Michael Faulkner of his plans to grow the company's network - at the expense of its competitors
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Backchat
Marketing for piggies
Backchat has been delighted to receive an assortment of Christmas messages from brokers and insurers this month. But the most creative by far came from the Ten Insurance network, which adopted a classic nursery rhyme to sum up the market:“One little piggy went to AXA, two little piggies went to ...
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Comments/Letters
Letter from Malawi
A successful broker gave up everything to build and run schools for Malawi’s children. Ellen Bennett talks to Chris Knott
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FeaturesRumble in the network jungle
2008 is destined to be the year of the network. As more contenders enter the ring, Danny Walkinshaw assesses the heavyweights.
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News
Sterling growth starts with HNW
Sterling Insurance Group is to launch a string of products in a bid to double the size of the business in the next three years.The first product will be a new high net worth (HNW) offering.The Surrey insurer specialises in commercial SME and mid and high net worth insurance, with ...
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Comments/Letters
Finding leverage in the soft market
Mike Williams says there are opportunities for brokers in the soft market
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Backchat
Insuring festive fun
Brokers can face some pretty strange requests, particularly during the festive season,A new survey by premium finance provider RBS Finsure reveals some of the weird and wonderful Christmas requests made to brokers.One policyholder wanted to insure himself when he was delivered in a large box to his girlfriend. He planned ...
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Comments/Letters
End is nigh for inefficiency
Grant Ellis says that commercial insurance market must change its inefficient operating model
