A round-up of the latest insurance stories online
Look who’s back on the top of the pile again this week. The FSA loves making bold statements, and its lifetime ban handed out to broker chief executive David Marriott certainly stood out in a list of big-hitting stories.
Pushing it closely, though, was another broker spat in which Oval secured a settlement over legal action taken against Butterworth Spengler for restrictive covenant breaches by ex-employees. It was another case of ‘here we go again’ as our online readers clambered onto the site.
There was also plenty of intrigue when Insurance Times broke the news that underwriting agency Ink was about to launch an assault on the solicitors’ professional indemnity insurance market after tying up capacity to launch a new facility. Keep an eye out for updates as the renewal season approaches.
And there was plenty more RBSI news to keep our online readers ticking over. The bank-owned insurer went into the bank holiday on the back of its decision to shut 14 offices and came out of it swamped by reports that it was reconsidering its options for divestment.
Legendary investor Warren Buffett's Berkshire Hathaway also resurfaced as a potential bidder. Those reports were widespread across the web.
There was also a surge in traffic when we revealed our top stories from last week's magazine on the website first. Our coverage of Keychoice, Lockton and the latest Fair Fees news all ranked in the top 10.
Traffic on the site also peaked as scoring got under way in our Aviva Premiership Fantasy Rugby Challenge. You can still register your team on the site to be in with a chance of winning some great prizes.
Online top 10
Oval secures settlement in broker dispute
Ink secures new solicitors' PII capacity
Keychoice Underwriting secures insurer backing
Fair Fees: Biba conducts MP lobby
Websites
FSA bans broker for life
Oval secures settlement in broker dispute
Ink secures new solicitors' PII capacity
RBSI closes 14 offices
Buffett lines up to buy RBSI
Keychoice Underwriting secures insurer backing
Fair Fees: Biba conducts MP lobby
Mark Wood joins Chaucer
Lockton shuffles companies and sets up an underwriter
Glacier Re closes doors to new business
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