News Analysis
News analysis: Private equity still making waves in market
Will PE investment lead to more smaller regional brokers being snapped up?
News analysis: Lloyd’s booze ban splits opinion
The market reacts to prohibition on daytime drinking
News analysis: Insurers gear up for discount rate change
Fears raised that premiums will rise and consumer churn may increase
News analysis: Towergate unit was “destined to fail”
Brokers question logic of opening call centre as consultation on future of Manchester unit begins
News analysis: FCA consultation continues as FSCS hits brokers with levy hike
Industry reels as regulator weighs up options for funding compensation scheme
News analysis: LV’s pull out from broker home insurance raises concerns
Experts remain upbeat about brokers’ future in personal lines
News analysis: Brokers back Biba at manifesto launch
Members and wider market broadly welcome trade body’s manifesto priorities for 2017
News analysis: IPT hike – industry fears further rise
As IPT is raised to 12%, many commentators wonder if a VAT-matched rate of 20% is on the cards
News analysis: Broad support for Marsh’s Bluefin buyout
US broking giant agrees £295m takeover deal with Axa that will see Bluefin and Jelf combined
News analysis: “Slow motion car crash” – Gable administration causes broker headache
Brokers warn that Liechtenstein insurer’s collapse is bad for the whole industry, not just its clients
News analysis: CII seeks to build trust in insurance
Institute’s manifesto promises push on professional standards and a new broker member programme
News analysis: Industry calls for action after whiplash reforms delayed
Insurers promise they’re “not going quiet” as Ministry of Justice delays compensation reforms
News analysis: Outage aftermath sparks broker concerns
In the wake of problems at SSP, many brokers are questioning their software providers’ robustness
News analysis: Due diligence to the fore in unrated insurer debate
Biba plans to launch assessment tool for brokers
News analysis: Consolidation continues apace
Ongoing buyouts fuel speculation in the broking market
Brokers under threat from internal fraud
High profile cases show the need for better controls and importance of fidelity guarantee insurance
Brokers worry their reputations are on the line as SSP outage hits hard
Users seeking redress after having to turn away customers during data centre downtime
Brokers fear rise in premiums after “collateral lie” ruling
Supreme Court ruling could “make everybody’s job more difficult” warn claims experts
AR review slams “significant shortcomings”
Brokers react to FCA’s findings that oversight of appointed representatives is not up to scratch
End to uncertainty over client money
Regulator cancels its review of client money rules, but brokers warned not to be complacent
Renewal rules add to burden on brokers
Change will be introduced as the market adjusts to Insurance Act and IPT increase
Enterprise collapse causes concern for brokers
Questions have been raised over how brokers can replace capacity
Industry divided over commission disclosure
Brokers call for “ultra-transparency” as ABI questions current market approaches
Brokers welcome swell in MGA numbers
Relative ease of setting up MGAs and promoting choice in market cited as reasons for increase