DAC Beachcroft
Ghost broker sentenced
A ghost broker has been sentenced to 12-months imprisonment, suspended for 12 months with a requirement to complete 150 hours of unpaid work, after selling two fraudulent motor insurance policies to unsuspecting members of the public.
Broker’s emails defeat negligence claim
Key to the broker’s success in defending all allegations of negligence in a recent High Court case was the ability to rely on contemporaneous emails as evidence of its advice given nearly a decade before the trial, Marcus Campbell, partner at DAC…
Consumer Duty will continue to challenge the market claims DACB
DAC Beachcroft has released its predictions for 2024, including that Consumer Duty will challenge the market and about the impact of AI on insurance products.
Heath Crawford payout underlines the perils of underinsurance for brokers
The substantial damages awarded in the recent judgment Infinity Reliance Limited (trading as My 1st Years) v Heath Crawford Limited remind insurance brokers of the perils of underinsurance, with business interruption cover being a particular pitfall…
Cost-of-living crisis to place additional regulatory focus on market
DAC Beachcroft has published its predictions for 2023, which touches on the impending implementation of the Consumer Duty and what the Financial Conduct Authority will expect of the insurance industry during the cost-of-living crisis.
News analysis: Would a merged FCA/PRA make brokers’ lives any easier?
Team Truss have financial regulation in their sights… but just how far could they go? It’s mooted there are plans to create a single super regulator by merging the Financial Conduct Authority, the Prudential Regulatory Authority and the Payment Systems…
In Depth: Developing the HNW market for electric vehicles
What are the insurance requirements for HNW electric vehicles and how is the industry responding? Sam Barrett investigates.
Premier League football clubs open court claim against insurers
A suite of football clubs including Arsenal, Aston Villa, Brighton & Hove Albion, Leicester, Liverpool, Tottenham and West Ham have filed a claim in the commercial court against Allianz, Aviva, CNA, Liberty, MS Amlin and Zurich.
In depth: Employment practices liability: getting back to business?
The disruption to working practices following the Covid-19 pandemic has also prompted major upheaval in the employment practices liability (EPL) market. Tim Evershed reports
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes and hearings during the Coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Blog: The implications of Covid-19 for brokers
Marcus Campbell and Graham Briggs of DAC Beachcroft discuss what brokers need to know to best protect their clients as the Covid-19 pandemic continues.
Blog: Broking risks in a hard and complex market
Marcus Campbell and Graham Briggs of DAC Beachcroft explain how brokers can weather the storm of a hardening market.
Brokers warned over admin fees and commission
DAC Beachcroft said analysis of FCA studies found that firms do not have sufficient focus on customers.
Brokers urged to push on with SM&CR preparations
Mathew Rutter backs Biba advice that brokers should not panic.
European Commission seeks to postpone IDD until October 2018
New proposals could see seven month delay.
Dive In: 71% of insurance workers want culture change
Survey reveals insurance staff believe culture within firms needs to change as diversity festival Dive In kicks off.
Blockchain could “eliminate” the need for brokers
DAC Beachcroft report predicts blockchain impact, another IPT rise and increased focus on corporate governance for brokers.
Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
Experts warn cyber risks could swamp the market
DAC Beachcroft says need for standalone cyber cover could be reinforced.
Opportunities for brokers in sharing economy, says Biba
Biba and DAC Beachcroft launch guide to provide clarification.
Brokerbility in claims strategy partnership with two law firms
Brokerbility has partnered with law firms Berrymans Lace Mawer (BLM) and DAC Beachcroft to provide its members with an enhanced claims strategy.