Latest News – Page 1944
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Online only
Citizens Advice calls for stronger action from FSA over PPI
OFT and FSA must act to stamp out mis-selling, says consumer body
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C-Zone
The changing risks that spell danger for brokers
Brokers are exposed to professional liability claims if they advise client law firms that have merged or taken on new teams without a full understanding of their changed risk profile
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Features
Fast Fast track to glory
Tom Flack takes his place at the back of the grid to report on the industry’s premier kart racing event
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Features
Giving small brokers the technology to get ahead
CETA managing director David Quick tells Andrew Holt that small brokers must adapt or die
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C-Zone
Flooded with claims
Andrew Holt asks Towergate's claims director Simon Gifford how the insurer has dealt with the challenge of extra claims following a summer of floods
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Comments/Letters
t's a hot market, but for how long?
Michael Faulkner says there are no signs that the broker acquisition frenzy will start to cool
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Backchat
Willis home cooking
In an attempt to get families to gather round the table at dinner time, Willis has developed a new recipe for success: the imaginatively named Willis Family Day Recipe Book.The move has been made in association with America’s seventh Family Day – a day to eat dinner with your children ...
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Features
Web News
Ready for $100bn hitLloyd’s chairman Lord Levene said that the insurance industry was ready for a $100bn mega-catastrophe in the US. He also called for the US to confirm its stance on the Terrorism Risk Insurance Act (Tria), which makes the government the ultimate insurer if private insurers could not ...
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Backchat
From Bentley to scooter, via the MID
A man’s car is his pride and joy. So when Backchat learned of the embarrassment suffered by a senior insurance figure with a senior car to match, it felt obliged to share it with the rest of the insurance world.The Motor Insurance Database (MID) has a website, www.askmid.com, where car ...
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News
News in brief
Prudential hires ThiamPrudential poached Aviva Europe group executive director Tidjane Thiam to be its finance director. First published, 21 SeptemberNU launches academyNorwich Union (NU)?launched an underwriting academy to boost employee skills and improve service levels for advisers and customers. The move builds on NU’s service and claims academies intro-duced earlier ...
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Backchat
Tea à deux sparks rumours
Is ousted AA Insurance boss Kevin Sinclair set to join Groupama? Backchat’s spies spotted Sinclair lunching with none other than the French insurer’s managing director, François Xavier-Bousseau only days before his exit from the motoring giant. Was a job offer on the menu? If it happens, you heard it here ...
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Backchat
Join the SAAga
It’s all in a name. Forget billions of pounds of refinanced debt, reinventing the wheel (or at least the motor panel), and a rampaging army of worried pensioners, the question on Backchat’s lips following the merger of Saga and the AA was what the new brand name would be. ...
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Backchat
Towergate deal: a French fancy
In the wake of Towergate’s audacious purchase of Open International, Backchat bumped into the chief of a certain French-owned broker. The broker boss was grinning from ear to ear at mention of the deal. Why was he so pleased at the rival’s headline-grabbing purchase? “It takes the spotlight off me,” ...
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News
Fantasy league
The Welsh Wizard has weaved his magic to head the table in the QBE Fantasy Football after an eventful weekend of results. Managed by Wales-based Richard Davies, a director at IFA firm Prism IFM, the Welsh Wizard team has accumulated an impressive 55 points. This is thanks to including Arsenal ...
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News
Indie case concludes
The court case surrounding the collapse of Independent Insurance reached its final stages this week, as the prosecution delivered its closing speech.But before counsel for the Serious Fraud Office launched its final attack on Michael Bright, one time managing director of Independent, and his former deputy Dennis Lomas and finance ...
