Latest News – Page 937
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UK Broker Regulation report: Biba's fight to make UK broking less costly
Read a free excerpt from the Insurance Times UK Broker Regulation report
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Online onlyFlood Re and FCA top Insurer 50 concerns
The regulator’s lack of industry knowledge in some areas such as add-ons can be a problem and insurers sometimes find it difficult to implement new standards as rule changes are not always clear
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Omnibus II adoption paves way for 2016 Solvency II launch
European Parliament adopts key package of changes, completing the new capital regime
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Nearly 3,000 add-ons complaints in nine months
15% of UK general insurance complaints to Ombudsman
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'Clear case’ for FCA intervention in add-on market
Insurers could be forced to publish claims ratios and axe pre-ticked boxes
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Esure boosts profit by 6% in its first listed year
Personal lines insurer’s COR improves by 3.1 points to 89.7%
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Online home broker Avantia completes £57m MBO
Firm will seek to buy brokers and MGAs following investment from ECI Partners
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Agenda
Insurers selective on digital agenda
Organisational capacity is the biggest barrier to driving forward insurers’ digital plans, according to a new survey by Insurance Times
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Agenda
New opportunities for insurers via social media
RSA’s chief marketing officer discusses the opportunities of social media ahead of Insurance Times’s The Digital Insurer event
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Bluefin buys two brokers
AXA-owned broker acquires Norwich-based WWSI and Middlesex-based Staines Insurance Consultants
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Access Underwriting moves to protect reputation after namesake is caught in FCA probe
Access Underwriting has no connection with under-investigation AccessBI
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Markel launches art collector policy
New policy can offer cover for collections valued up to £10m
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David Oliver launches personal accident and sickness portal for brokers
Tailored policies now available online
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Equity goes live with Quindell IT systems
Quindell won tender to replace legacy systems at the insurer
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Co-op launches flood initiative for affected home owners
Scheme will provide advice on flood resilient repairs and help home owners apply for government grants
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Biba seeks clarification on Law Commission claims rejection changes
Biba wants to ensure brokers will not have extra responsibilities regarding disclosure requirements
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Introducing the UK Broker Regulation report
Editor Saxon East looks at the importance of getting to grips with regulatory change
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Insurers failing to engage with customers through social media – Autoglass
Insurers must do more to interact with customers through social networks
