Brokerage Management
837 whitepapers and resources
Brokerage Management
CII policy briefing: Insurance Distribution Directive
Coming into force in January 2018, the Insurance Distribution Directive introduces a new requirement for those staff that sell, advise on and transact insurance contracts for all types of insurance customers. This policy briefing provides a summary of the FCA implementation of the IDD.
The Insurance Act 2015 and Enterprise Act 2016 adaptation guide
The Insurance Act 2015 and Enterprise Act 2016 have prompted major change across the UK insurance market – the former having come into force in August 2016, the latter on 4th May 2017. Based on broker feedback, this guide provides a practical summary of surveyed concerns and potential solutions.
Five ways to keep flood waters out of your business
Flood events in 2016 were a major contributor to natural hazard losses and this trend of major flood losses is expected to continue in 2017. Featuring links to external resources, this short article provides advice on how to keep flood waters out of your business.
Background to the Insurance Distribution Directive
The EU’s Insurance Distribution Directive is designed to make it easier for firms to trade cross-border, create a level playing field and strengthen policyholder protection. This article provides an overview of the IDD and the implications for parties involved in the insurance distribution chain.
Better business: Succession planning - Consider consolidation
In this article, Sam Barrett focuses on how consolidation can provide an elegant solution for brokers wanting a smooth transition when they sell their businesses.
Why you need to be considering excess layers for customers
In February 2017, the Lord Chancellor announced a cut in the discount rate, moving it from +2.5% to -0.75%. By providing anonymised examples of real Zurich claims, this article sheds light on the significant impact on the cost of future settled claims, as well as future casualty and motor premiums.
Escape of water: A strategic approach
Escape of water represents a large proportion of all property claims. There are a range of common causes, making it difficult to manage and eliminate the risk entirely. This infographic explains how to approach escape of water risk management strategically to achieve the best results.
Better business: Succession planning - Find your funds
For anyone investigating the options of buying another business or conducting a management buyout, funding is an important consideration. This article highlights how the source of funding for an acquisition or buyout will dictate what shape any prospective deal can take.
Most brokers believe buildings are significantly underinsured
Insuranceshortfall.com recently surveyed 100 brokers at this year’s BIBA Conference about their views on underinsurance and UK buildings sums insured. Download this short article for a summary of the research findings.
Video: Five things you need to know about underinsurance
Underinsurance can be a significant challenge for customers, but it also presents an opportunity for brokers to show their value. This video explains some of the key principles of underinsurance and how brokers can help customers set more accurate sums insured.