The Future of Commercial Insurance Broking »
Commercial insurance brokers will need to have evolved into real business advisors for their SME customers by 2027 or face extinction, warns a new report from the Chartered Insurance Institute (CII)'s Insurance Broking Faculty.
Legal developments in claims April 2017 »
The latest update on legal developments in claims produced
for the Claims Faculty by the Forum of Insurance Lawyers
FCA Business Plan 2017-18, Risk Outlook and Mission »
The FCA Business Plan sets out potential risks and priorities
for the year. Technology figures strongly on the regulator's list
of areas to watch for.
CII and IFC join forces to tackle insurance gap for women globally »
The Chartered Insurance Institute (CII) and IFC (International Finance Corporation), a member of the World Bank Group, have signed a memorandum of understanding, joining forces to tackle the protection gap faced by women, increase their knowledge of risk and access to insurance.
Insurance implications of fracking »
The insurance profession needs to prepare for the impact
that increased levels of onshore fracking could have on UK
households and businesses, according to a thought-leadership report
out today from the Chartered Insurance
Institute's Claims Faculty New Generation Group.
The group found that while existing products appear to provide
adequate cover for households and small businesses, and no insurer
specifically excludes fracking, there are no insurance policies
that specifically cover it either.
Periodical Payments Orders and personal injury compensation explained »
In the wake of the recent hike in the Discount Rate for lump sum
payments, this half hour continuing professional
development video looks at the related issue of Periodical
Payments Orders, current take-up and how they operate. PPOs are
compensation awards in personal injury claims which, in addition to
providing a lump sum for damages for pain and suffering and for
past financial loss, provide regular index linked payments for some
or all of the future financial loss.
Spring budget 2017 summary »
This summary has been prepared very rapidly by Taxbriefs and is
for general information only. It is recommended to seek competent
professional advice before taking or refraining from taking action
on the basis of the contents of this publication. The guide
represents the authors understanding of the law and HM Revenue
& Customs practice as at 9th March 2017, which are subject to
A fall in the personal injury Discount Rate: implications »
On 27 February, the Lord Chancellor announced that the discount
(or 'Ogden') rate used to calculate personal injury claims has been
reduced from 2.5% to -0.75%.
The General Data Protection Regulations 2018 explained »
This half hour Faculty video focuses on the General Data Protection Regulations which come into force on 25 May 2018. This essential video covers the current DPA legislation; the changes that will be made by the GDPR; how these changes will impact insurers; and the key steps that insurers should be taking to prepare for GDPR.
Business Interruption Insurance explained »
In this half hour Claims Faculty video we look in depth at
Business Interruption Insurance including the
many issues related to policy wordings. The video is
presented by Damian Glynn, co-author of the book BI Policy
Wordings Challenges highlighted by claims experience,
which was a joint CII, Insurance Institute of London and
Chartered Institute of Loss Adjusters publication.
Legal developments in claims February 2017 »
The latest update on legal developments in claims produced for
the Claims Faculty by the Forum of Insurance Lawyers (Foil).
Household insurance in the UK »
The text available here is an extract of the report "Household
insurance in the UK, key trends and opportunities to 2020.
©Timetric. January 2017". The full report is available
to view from the Library
in London. It provides an overview of the household
insurance industry in the UK, with supporting statistics:
InsurTech start-up landscape »
The text available here is an extract of Timetric's Insight
report "InsurTech start-up landscape. November
2016" ©Timetric. The full report is available to view from the
CII calls for Brexit transitional arrangements as economic confidence plummets across the profession »
CII urges the Government to make an early commitment to transitional arrangements following the UK’s departure from the EU.
2017 CII member economic outlook & Brexit survey results »
Survey indicates a significant fall in confidence for 2017 among CII members, across all three key indicators measuring economic, business and employment prospects. Following growth in all indices, the yearly change in 2016 is the greatest one-year fall for each index since records began in 2011.