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Insurance & Reinsurance

Referral fees – cash in while you can

Understandably the insurance industry reacted negatively to the news, but in the end cold, hard cash did the talking some days later. on 31st May, stock market analyst Collins Stewart was bullish about the prospects of FTSE 100 darling Admiral Insurance precisely because of the LSB’s protectionist stance. Referral fees are to continue and Admiral will carry on earning a tidy sum from them; a fact that won’t have gone unnoticed by the many pension funds with holdings in the motor insurer. […]

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Insurance & Reinsurance

#BIBA2011: Insurance industry joins social media age

This week’s British Insurance Brokers’ Association conference may be the last of its kind, with the trade body announcing a proposed merger with the Institute of Insurance Brokers. But for me it will be remembered […]

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Legal

Is the rise of LPO now an inevitability?

This is the kind of processing nightmare that corporates have charged their in-house teams to deal with and as the Gazette article suggests, there are firms now that claim to have the infrastructure and wherewithall to manage it profitably at a fraction of the price. […]