The summer is upon us and although we expected a quietening down we have two more FCA consultation papers! Scroll down for more!
MGAA Conference 2017
On the 4th July, we held our annual conference at the Grange Tower Bridge Hotel with over 630 registered attendees! The venue accommodated our market leading capacity exchange with over 50 insurers and suppliers displaying their bespoke offerings specifically designed for MGAs.
Our Chairman, Charles Manchester, and Roger Bickmore from our Principal Partner, Tokio Marine Kiln, kicked things off! The “Evolution and Revolution” theme featured two debates during the day and concluded with a superb keynote speech by Stephen Catlin.
To access Charles Manchester's opening speech click here.
To access all of the podcasts and more click here.
Tokio Marine Kiln
“Portfolio underwriting - the future of the specialist insurance industry”.
This was the message from Roger Bickmore when he opened the Capacity Exchange on 4th July. Read more here.
Calling all MGAs - ArgoGlobal
Chris Lee-Smith, Gobal Head of Alternative Distribution, Argo Group writes:
Data and Insurtech were key themes at this year’s MGAA conference. Read more here .
Insurance law firms launch formal network delivering expertise across four continents. Read BLM's press release here.
Ensurance UK Ltd
Ince & Co. LLP
All details, including registration links, can be found on their Live & Local webpage.
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UK government makes it illegal to charge credit card fees from 2018
Nearly £500 million collected through card charges in 2010 alone!
The UK government has said it will be illegal to charge customers a fee to use their credit cards in the UK from next year. The news will come as a blow to businesses up and down the country who charge small fees for customers using a credit or debit card and payment services like PayPal. The government announced that all fees, some as high as 20% which are only supposed to reflect the cost of processing payments, will be banned in the UK from January 2018 according to the Financial Times.
Mathew Rutter has issued a review on insurance outsourcing. To read his informative thoughts click here.
In May 2017, the London Market Group and the Boston Consulting Group published an update to their influential 2014 report concerning the significance and role of the London insurance market, both globally and domestically. The London Matters Report 2017 focuses on developments between 2013-2015 in Lloyd’s and company market business and makes specific relevance to MGAs. To read more click here.
American law firm, Resnick & Louis have announced five new attorneys joining the firm. Resnick & Louis operate in Arizona, California, Colorado, Florida, Nevada, New Mexico, South Carolina, Utah and Texas.
Prudential 100 Mile Bike Ride
John Needham, PKF Littlejohn, also undertook the 100 mile challenge to raise money for Alzheimer's Society. To find out more and support his cause please visit here.