Regulation – Page 45
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News
Manifesto 2021: Biba calls for ‘proportionality and fairness’ in levy
The supplementary levy is a worry for brokers during the pandemic
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News
Manifesto 2021: Biba to explore basic insurance requirements for e-scooters
The trade body sees Brexit as a opportunity to undo the Vnuk ruling too
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News
Manifesto 2021: Biba to work with government on cladding insurance issues post-Grenfell
In Biba’s latest manifesto themed ‘Resilience’ launched today, the trade body has deemed the ongoing problems with cladding for professional indemnity insurance and buildings insurance “vital to resolve”
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News
Manifesto 2021: Biba launches resilience-themed 2021 manifesto
The trade body flags seven key topic areas that are of prime importance for brokers over the coming year
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News
Government in talks with insurers over rising D&O cost
Widespread concerns that small businesses in particular are struggling to meet the cost of rising D&O premiums
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News
Irish High Court rules against insurer FBD in Covid-linked BI claims case
The ruling could impact claims made by around 1,000 Irish pubs and restaurants
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News
MPs to launch inquiry into LV= potential takeover
The All-Party Parliamentary Group for Mutuals are ‘concerned’ about how the proposed sale could affect ‘LV= members, the insurance industry and competition and choice in financial services’
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Features
Greater data analytics gives FCA ‘finger on the pulse’ of GI market
Insurance Times explores what the FCA’s increased use of data analytics could mean for brokers and insurers as the regulator learns more about the firms it supervises
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News
E-scooter insurance demands from local authorities are ‘very different’
Local authorities have very different capabilities when dealing with the procurement of e-scooters and insurance demands also vary
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News
Insurance claims against property agents surge – Mint Insurance Brokers
Over the last year and a half, there has been a surge in claims due to tenants’ deposits not being lodged on time
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News
Backchat January/February 2021
Deers in the swimming pool, exploding ovens and an outgoing president - what has the insurance industry been up to at the start of 2021? Plus, which profession pays the least for car insurance premiums? You heard it here first…
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News
IUA appoints Zurich commercial head as new chairman
New head replaces Patrick Tiernan who will be taking on the role of chief of markets for Lloyd’s of London
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News
Covid recession could lead to direct claims against insurers under Third Parties Act
Law firm solicitor emphasises that ‘there is potential for increased claims’ against insurers if their policyholders become insolvent
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Sponsored Content
The trends insurers need to know and how they’ll determine marketing spend – Oliver
Simon Martin, founder and chief executive of in-house agency solutions provider Oliver and former director of specialist units at Aviva, tells Insurance Times about the ‘fast trends’ he foresees for insurers
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News
Irish regulator fines commercial retail broker €41,385 for overcharging customers
The broker’s fine also covers the fact that it issued unclear communications regarding fees
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News
Government launches consultation to amend Flood Re scheme
Under the proposals, claims payouts will include additional funds to help policyholders ‘build back better’ following flood damage
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News
Q&A: Pearson Ham on the FCA’s pricing reforms - how will insurers claw back lost renewal revenue?
Pearson Ham’s director of insurance pricing Stephen Kennedy talks to Insurance Times about pricing reforms and how insurers might attempt to claw back lost revenue following the FCA’s price walking remedies and the coronavirus lockdowns
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News
FCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
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News Analysis
Challenge-laden high street weighs heavily on trade credit insurers – but could premium finance be a solution?
With the Covid-19 pandemic continuing and non-essential retailers being plunged into lockdown again, Insurance Times explores the implications and challenges that the insurance industry are facing
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News
Soaring professional indemnity insurance premiums ‘unsustainable’ for surveyors
There is also a lack of PII insurers in the market which is an additional strain on premiums and makes it more difficult for surveyors to get the cover they need