News Analysis
FCA sets out funding rise as PPI storm lingers
New regulator increases annual funding requirement for FCA and PRA to £646.3m
Expertise Live Video: The fight against fraud
The second Expertise Live event, held in association with Zurich, focused on fighting fraud in personal lines motor business.
Axa turns attention to personal
Amanda Blanc looks to revamp Axa’s personal lines after tackling commercial
Brokers need to wake up to big data
Data can be used to help uncover fraud, cut operational costs and drive simplification
Schemes Masterclass: Brokers get inside track to schemes success
Over 150 brokers took the opportunity last month to grab the knowledge on offer at Insurance Age’s schemes masterclasses in Birmingham and Leeds.
Expertise Live Video: D&O under discussion
The first Expertise Live event of 2013, in association with Zurich, was held in Birmingham where broker experts focused on the directors’ and officers’ (D&O) liability insurance market.
Meet the new boss
Biba appoints Steve White, current head of compliance and training, as its new chief executive
FSA to probe insurers’ use of investigators
Practice of hiring private investigators to look into claims subject of regulator review
Market reacts to Aviva and Willis Networks split
Network pressures symptomatic of insurer scrutiny on profitability, say brokers
Allianz Scholarship Programme sign of industry "commitment"
The Allianz Scholarship Programme is a demonstration of its "commitment to the industry", according to Chris Hanks, general manager, Allianz Commercial.
Market welcomes Bupa’s B2C decision
But Amii voices frustration over Bupa’s communication process with brokers
Brokers facing further FSCS levy hikes
Regulator blames uncertainty over PPI claims for demanding a £20m interim levy for 2012/13
Brokers unmoved by Ageas’ management shake-up
Ageas announced some big-name departures last month, as it set out its new senior management team following the takeover of Groupama.
Results reveal profit-focused insurers
CEOs’ responses to insurer results suggest greater emphasis being placed on profits than book building
Insurers split over value of chartered status
Insurance Age survey shows a plethora of views on the need for brokers to gain chartered status and the best ways to demonstrate professionalism
Brokers face shift in balance of power
New Act moves the focus in consumer insurance, but is the industry ready?
Insurance brokers feeling down in the mouth, survey reveals
PwC and CBI poll reveals brokers’ optimism levels at their lowest since Q4 2011
Market speculation rife over changes at Towergate
Midlands region shake-up at Towergate sparks rumours of possible flotation
Insurers rally against Biba survey
Providers refute trade body’s research into stricter claims payouts
Perfect storm
Brokers face a volatile year of regulatory change
Billion pound deal prompts scrutiny of MGA-insurer relationship
Insurers re-evaluate relationships while MGAs seek out new partners
Brokers told to tackle fraud to stay ahead of competition
Industry wide solution needed in the fight against fraud
Insurers set to decide on pricing hub
Hub would provide real-time pricing from a range of insurers in one place and help brokers compete with direct writers
Industry must join forces to attract new talent
CII survey reveals misgivings over educational standards of new recruits