After an FCA investigation and a tribunal ruling, the Secretary of State for Levelling Up, Housing and Communities, Michael Gove has outlined plans to ban managing agents and freeholders from taking commissions when taking out buildings insurance.
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Insurance Post provides insurance industry news, analysis and opinion on key issues facing the general insurance business
- The class action, launched by a City lawyer and leaseholder, Liam Spender, is backed by law firm Velitor, which has secured funding for the no win, no fee claims from Balance Legal Capital LLP.
- Who else is excited for the British Insurance Awards tonight?! We wish all the nominees the very best of luck #BIA2019
- And the winner of the General Insurer of the Year is... @AvivaUK #BIA2020 Sponsored by: @DACBeachcroft
00:00 - Last month, a tribunal judged that secret insurance commissions amounting to a total of £1,638,710, including Insurance Premium Tax, were not reasonably incurred, while criticising the freeholder's 'lamentable' lack of transparency.
00:00- WELL DONE! The Commercial Lines Insurer of the Year winner is... @AvivaUK #BIA2020 Sponsored by: @CyberScout
00:00 - The British Insurance Awards 2019: Shortlist revealed
- Well done to Covéa Insurance for taking home the General Insurer of the Year award! @groupcovea Category sponsored by: @DACBeachcroft #BIA2021
- And the winner of the Personal Lines Insurer of the Year is... @AvivaUK #BIA2020 Sponsored by: @AutoWindscreens
00:00 - A heartfelt thank you to you all for sharing this new experience with us, we hope you enjoyed the evening. We're off to plan a spectacular 2021! Your support is very important to us, so thank you. The Insurance Post Team! #BIA2020
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