‘Not only were victims left out of pocket and driving uninsured, but their details were used unknowingly in collisions that never happened,’ says intelligence and investment manager
‘There is a day after the dispute – damaging the commercial relationship damages the business too,’ says law firm managing partner
’The FCA like healthy competition because it works in the interests of consumers, but if regulation is driving the opposite, then it’s time to look at it,’ says regulation director
Insurance Times can exclusively reveal that the regulator is seeking opinions on cutting further regulatory returns for insurance firms
Insurance Times investigates the gender pay gaps at the biggest insurers listed within its annual Top 50 Insurers report
The regulator also says it will continue to improve the pace and focus of its investigations
Following another energetic and well attended Biba Conference in Manchester this May, industry leaders reflect on the most surprising moments from across the two-day conference
Law firm says interpretation of ‘any one loss’ could have market-wide impact
Three landmark test cases are shining a spotlight on sports related concussion – these could have far-reaching implications for liability insurers, governing bodies and the future handling of brain injury claims
Motor and transport insurance remains the most complained about business line in UKGI, according to the FCA, with complex claims and repair delays fuelling frustrations
’That flexibility is beneficial, but there are challenges that come with it,’ says managing partner
’I know our members will look forward to this new era of regulation,’ says chief executive
’We are stripping back our insurance rulebook by removing ineffective, outdated or duplicated regulation,’ says director
Consultancy’s freedom of information request reveals direct cost impact of section 166 reporting, providing further impetus for firms to get a handle on regulatory admin
Cyber specialist and RPC partner talks cyber insurance, ransomware and how insurers are changing their strategies to get the most from the market
’We believe that the introduction of tariffs will increase the cost of claims,’ says head of insurance
Biba has ringfenced the direct and indirect cost of regulation – but how the moving parts of government, industry and regulators align to digest and deal with such information is still up for grabs
‘Behind each case are customers waiting for an answer and we are committed to delivering fair, timely and effective resolutions for consumers and businesses alike,’ says chief executive
‘We strongly believe that the burden of regulation can be reduced and we are working closer than ever with the FCA on a number of opportunities to achieve change,’ says chief executive
Five years on from the onset of the Covid-19 pandemic, Insurance Times asks insurance experts whether business interruption claims linked to the lockdowns are still causing challenges for insurers and what the scope of the potential backlog is