Regulation – Page 79
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Briefing: So why DID Amanda Blanc leave Zurich?
Amanda Blanc left Zurich earlier this week and as a result of her resignation she is to step down as chair of the ABI
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News
AXA calls for Flood Re scope extension amid welcoming flood strategy
The insurer has asked the government to provide assurance on whether there will be negative impacts from Brexit in fulfilling the strategic objective for investment in this
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News
‘No role that won’t be affected by technology’ - Insurance2025 talent debate
After a presentation by IDEX CEO Matt Green, industry leaders debated the changing workforce culture and how businesses need to cater for it
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News
27 staff leave Kennedy’s for rival law firm
17 lawyers and 10 support staff make the shift from Kennedy’s to Plexus
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News
Brokers urged to act on tradesmen fees
The FCA is calling for all brokers, insurers, MGAs, administrators and service providers to revise how they sell these products
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Agenda
Mass resignations spark Marsh-Hyperion staff poaching legal battle
Court papers have been filed accusing Hyperion of co-ordinating the resignation of 47 employees to either pick up clients or force a sale of certain JLT Specialty divisions
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IT Interview
2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Insurance Times speaks to Helen Bryant, director of SME & corporate partners at Allianz Insurance on the reaction to the star rating in the Insurance Times 2019 eTrading Survey
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Agenda
Gefion solvency ratio sinks to 105% as regulator inspection bites Danish carrier
Danish regulator orders recalculation of solvency ratio as part of ongoing inspection into the unrated insurer
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News
Revealed: Unrated collapses spark explosion of compensation claims
The Financial Services Compensation Scheme announced the figure, which is 14 times higher than the year before, resulting from collapses of unrated companies such as Alpha and LAMP
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News
‘We are just at the beginning of the rise of insurtech’ - Insurance2025 speaker Ed Leon Klinger
Ahead of debating and presenting at Insurance2025, Flock chief executive, Ed Leon Klinger sat down with Insurance Times to discuss the launch of its latest product, expanding its drone offering
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Features
Betfair-backed insurer champions claims sharing over ‘dysfunctional mainstream insurance’
Paul Dennis, the founder of claims sharing pet insurer YouDoPet, which has backing from the founder of Betfair, speaks to Insurance Times about the dysfunctional structure of mainstream insurance, and what he thinks is the solution
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Features
NIG looking forward to “exciting year” after successful eTrading performance
NIG said it is looking forward to a “full and exciting” delivery schedule on its eTrading offering after securing a very successful score in the Insurance Times eTrading survey this year
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Agenda
ABI criticises consumer body’s ‘auto-upgrade’ rule as dual pricing solution
Recommendation from the Financial Services Consumer Panel had suggested automatically moving customers to new products
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News
Julie Page replaces promoted Turner on the CII board
Aon UK’s chief executive joins as deputy president, while former AXA partnerships boss is promoted to president
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News
Shamed company director banned from running his business after fraud
The shamed businessman has been declared bankrupt after submitting false insurance claims
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Agenda
Competition watchdog urges brokers and insurers to increase the pace of tackling dual pricing
CMA update on dual pricing recommendations finds businesses have not yet done enough to treat loyal customers fairly
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News
Fraud Charter: ‘Help us stamp out bad CMCs’ – FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the Motor Insurers’ Bureau over the Litigants in Person portal, while the FCA updated the room about claims management company regulation
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News
Rob Terry seeking £14.7m as he looks to sue Watchstone
Terry and Watchstone are already in a High Court battle, but Terry says his former employer “made false representations” over an oral indemnity
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IT Interview
‘To survive, change must come from the top down’ - Insurance2025 speaker, Capital Law's Nick Pester
Ahead of appearing on the ‘Blockbuster’ debate at Insurance2025, Capital Law partner, Nick Pester speaks to Insurance Times about the need for change to sustain stability
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News
MASS accuses MoJ of ‘cutting corners’ in whiplash portal development
In a letter sent to Rt Hon David Gauke MP, MASS says the MoJ is “cutting corners” and choosing “the worst option available” to meet a “politically driven deadline”