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Stephen Walker

Stephen Walker says Consultant Fees Guidelines are a potential PR disaster for PMI

by Stephen Walker 29/03/11 Category: Comment

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Stephen Walker  suggests that “Consultant Fees Guidelines are a potential PR disaster for PMI” The PMI industry has, historically, always struggled to contain the cost of treatment in order to maintain affordable premiums.  Insurers claimed that there was a tendency for service providers (hospitals, consultants, anesthetists, etc.), to inflate their charges when an insurer was paying for a policyholder’s treatment.  This was always denied by the providers, despite evidence that this might actually be true. Over the last few years there has been a growing trend for the larger insurers to adopt a system of Consultant Fees Guidelines as a…
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PR Essential

by Stephen Walker 10/09/10 Comment

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Stephen Walker extols the virtues of the AMII and considers the importance of PR The PMI industry has suffered from bad press for as long as I can remember; sometimes self-inflicted; often unjustified. During my time as AMII Chairman I tried to address the problem of a negative press by raising public awareness as to the benefits of medical insurance.  In order to achieve this I worked with our PR consultants, Concise, to issue regular missives to the media, picking on specific issues and delivering a positive message.  PR is the voice box for an organization such as AMII, which…
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Steve Walker laments the imposition of FSA rule on the PMI sector

by Stephen Walker 30/06/10 Comment

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Leading PMI intermediary and AMII past-chairman Steve Walker laments the imposition of FSA rule on the PMI sector. Will that change now there’s a new team at Number 10?... Back in 2001 the Government received a European Directive from Brussels requiring them to introduce statutory regulation of the general insurance industry by January 2005. The Government, in its infinite wisdom, decided that this was a task for the Treasury who, in turn, decided the FSA was best placed to take this on board. Prior to this the industry had been ably regulated by the GISC (General Insurance Standards Council). The…
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