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Brokers set for key role around possible post-Brexit IPT changes
Changes to insurance premium tax could lead to greater administration burden for the UK’s insurance sector
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Three ‘I’s that lead to underinsurance pose ‘real reputational risk’ for insurance industry
But brokers have a ‘real opportunity’ to showcase their value in the face of cost and supply chain pressures, says commercial lines boss
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UK government publishes Financial Services and Markets Bill
The tabled bill represents ‘the beginning of the development of a new UK regulatory regime’, paves the way for Solvency II reform and furnishes the FCA with new regulatory powers
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Backchat July/August 2022
Biba dishes out journalism awards, Wimbledon’s upcoming ball fetchers, Mary Poppins and an unusual car insurance claim. What has the insurance industry been up to this month? You heard it here first…
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MP and economic secretary to the Treasury John Glen resigns
Financial services sector representative says he has a ’complete lack of confidence’ in the prime minister
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Sarah Murrow: ‘Diversity is good for business’ and provides opportunities ‘to thrive’
UK and Ireland boss pinpoints where the insurer sees ’ample opportunity for growth’, despite predicting an increase in business insolvencies
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Proliferation of electric vehicles is impacting claims costs – BrokerFest 2022
Pinched supply chains and disruption have caused significant increases in the cost of complex motor claims
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Collaboration between insurers and CHCs is essential in the face of squeezed supply chain
The agreement between the two industries needs ‘urgent surgery’ says credit hire trade body chair
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Arron Banks loses defamation case against freelance journalist
The case has been ongoing for nearly three years and is a win for public interest journalism
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Travel insurers weather the Covid storm
Amid changing consumer habits and rampant premium upticks, what is really happening in the travel insurance market right now? Insurance Times finds out…