All articles by Matt Scott – Page 12
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Brokers encouraged to put their own interests ahead of their customers' - survey
An Insurance Times survey reveals the pressures on brokers to choose certain carriers
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Fraud up by 77% as ghost brokers hit hard
Exclusive data from Experian looks at how fraud has changed over the past 12 months, and what groups of individuals are behind the ever-increasing levels of insurance fraud
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FCA: Add-on distributors have ‘clear point of sale advantage’
Regulator says market power of distributors means insurers receive less than 8% of the premium for certain add-on products
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MIB: technology is the way forward in the fight against motor fraud
The launch of My Licence and the no claims database will be a step change for the industry
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Flooding left the industry looking like a 'shambles' - AXA's Blanc
Amanda Blanc said the industry needs to act as a united profession to regain lost consumer confidence
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Nearly 3,000 add-ons complaints in nine months
15% of UK general insurance complaints to Ombudsman
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David Oliver launches personal accident and sickness portal for brokers
Tailored policies now available online
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Weather not been a problem for L&G - Holweger
GI boss says improved pricing and claims handling has helped insurer deal with increased claims numbers
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L&G testing its brand in the motor market with Junction partnership
But insurer has no plans to start underwriting business itself
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FOS: general insurance complaints down 10%
But it is still the second most complained about sector in financial services
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JLT records organic growth of 8.5%
Broking business brings in revenues of £723.9m, up 7%
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FOS complaints climb 38% to hit record levels
But slowdown in second half of the year hints at improving situation
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Credit hire agreement has not been 'fully effective' - ABI
And the ABI says the Competition Commission remedy around daily hire rates needs to be carefully implemented
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Popularity of cyber insurance increases five-fold in eight years
Brokers and insurers will have to make sure they are alive to the challenges and opportunities in a growing market
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To outsource or not? The claims handling debate rages on
Insurers and third-party suppliers discuss the pros and cons of outsourcing the claims handling function
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IMD II hit by further delays
Key vote on progression of the directive postponed so other regulations can be considered
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CC overestimating credit hire costs by £60m - Quindell
Quindell says the ‘biased’ CC probe has not calculated the cost of credit hire to consumers accurately
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Transactional risk insurance growing in popularity - Marsh
Limits for the M&A cover have increased by 155% over the last three years
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RTA portal claims fall for sixth successive month
And rising damages may be starting to level off
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Over one-fifth of EL/PL cases exit MoJ portal due to disputed liability
And more than a quarter of EL disease cases have no decision on liability made