On the 17 September
2020, the CCPC issued its preliminary findings from its
investigation into alleged anti-competitive practices in the
private motor insurance market by various parties, including the
IBA, during the period 2015-2016. At that time, Brokers Ireland
advised members that we would be responding formally to the CCPC
and addressing and rebutting its claims in detail, in conjunction
with our legal advisers. READ
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THE VALUE OF ADVICE - 2021
Brokers Ireland
welcomes the latest research report on the value of professional
financial advice. The results of the 2021
Value of Advice report clearly
demonstrate that such advice benefits consumers in terms of
better financial protection; higher return in savings/
investments; improved pension provision and a more self-assured
financial confidence and well-being. READ
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OVERHAUL OF MEMBERS COMPLIANCE MANUAL &
TEMPLATES
The
Compliance Manual is the ‘go to’ document for many members and
over the years has grown substantially in size. Following
feedback from members and for improved convenience, the manual
has now been divided into seven relevant sections which cover all
of the various requirements READ
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CONSUMER INSURANCE CONTRACTS ACT
As previously
advised, the remaining sections of the Act (Sections 8, 9, 12,
14 (subsections 1-5)) will come into effect on 1 September
2021. These sections deal with the areas of Utmost good
faith, Duty of Disclosure, Misrepresentations and Renewals and
are applicable to both financial and insurance Brokers. READ
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Financial & Insurance Broker Updates
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Financial Broker
NEWS UPDATES
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Insurance Broker
NEWS UPDATES
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AUDITORS
PANEL - AFFINTY SCHEMES FOR MEMBERS
We
are delighted to enclose Brokers Ireland Auditors scheme for
members. The scheme includes a breakdown by province of Auditors
who have agreed to offer a 15% discount off their professional
auditing service fees exclusively to Brokers Ireland members. As
additional Auditors register to participate on the scheme, we will
continue to update this listing READ
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FINANCIAL
BROKERS GETTING ON BOARD
From
September 2021, Brokers Ireland are asking all Financial Brokers to
get on board by participating on the Financial Broker project.
Increased Broker support will enable us to activate an even greater
marketing presence and ensure that Financial Broker is kept to the
forefront with Irish consumers through campaigns and development of
the brand. READ
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INSURANCE
BROKER - FOR THE PRICE OF TWO COFFEES...
For
the price of two coffees per week, from next month, Insurance
Brokers are being asked to subscribe to the Insurance Broker brand.
Your support will enable us to create an ongoing marketing presence
and raise awareness of Irish Insurance Brokers. See our short video
from Cathie Shannon, Director of General Insurance who outlines the
aim and benefits of Insurance Broker READ
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TIMEBANK
- BROKER SUPPORT SOLUTIONS
Help
to raise your business to the next level with Timebank’s services
for Financial Brokers which provides leading-edge adviser support
solutions that allow Brokers to spend more valuable time with their
clients. With many years experience working with the UK’s leading
Financial Planner & Adviser businesses, Timebank can now
provide Brokers Ireland members with this customised service READ
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Catch up on recent
Brokers Ireland media coverage including press updates, articles,
stories and interviews currently hitting national headlines READ
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From
September, Brokers Ireland are hosting a series of CPD webinar
presentations across a wide range of general insurance and
financial service topics to help keep members updated and informed
on these areas. Up to 10 hours CPD will be available to Insurance
and Financial Brokers who attend the full webinar series (subject
to approval).
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LISTEN
IN WHILE ON THE GO
Catch up on recent
Brokers Ireland virtual events through our Webinar
Library which enables
you to listen into recently presented webinars that you might have
missed and is also available through our Podcast
Facility. Brokers Ireland
Webinar Library and Podcasts are pre-recorded presentations and
therefore do not qualify for CPD accreditation.
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TOP
TIPS ON HOW TO ACHIEVE BUSINESS GROWTH - PREMIUM CREDIT
In what has been a challenging year, Brokers may be
facing increased pressure to reach sales targets, having been
hampered by the prolonged effects of Covid as well as a range of
wider economic factors.
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SEPTEMBER
GOLF OUTING - DUBLIN INSURANCE ATHLETIC SOCIETY
In
line with continuing Government and Golf Ireland guidance, The Dublin Insurance
Athletic Society are hosting a golf outing on 16th September in
Grange Golf Club costing €75pp including golf and dinner
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REMOTE
WORKING ONE IN THREE CONSIDER RELOCATING - BLOG
According
to the latest survey from Royal London, almost one in three people in
Ireland would consider relocating to live, now that remote working
has become the norm for many.
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BUSINESS
IN THE COMMUNITY (BITCI) - SUPPORTING THE DISADVANTAGED
BITCI,
Ireland’s leading network for responsible business are looking for
more businesses to get involved and support their educational
initiative programmes from October 2021 in disadvantaged communities.
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