The stories hitting the headlines this week ...

Intervention

The new Financial Conduct Authority will step in earlier than the FSA when it sees things going wrong at firms, according to a paper published this week.

Contract

Jardine Lloyd Thompson has secured the broking contract for the South East and Eastern Region Police Insurance Consortium, which covers 12 forces. JLT Public Sector Risks has an initial three-year contract with

the consortium.

Merger

Beachcroft and Davies Arnold Cooper are in talks about a merger, which would create one of the largest international insurance law firms, with revenue of around £170m and 1,200 fee-earners.

Thumbs up

Moody’s has said that the government’s decision to split out the regulation of insurers from the banks will be “credit positive” for the UK industry.

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