’Every insurer will have a slightly different philosophy and may have responded to the regulations and their best practices in slightly different ways,’ says chief technology officer
‘We encourage you to look at the new rules closely, and be transparent with stakeholders about what changes are coming, and what the changes will affect,’ says senior manager
’This outcome is a salutary reminder for claimants who may be tempted to dishonestly exaggerate their claims,’ says partner
’A lack of clarity in reporting undoubtedly tells a broader story of firms’ abilities to achieve the goals intended with the FCA’s Consumer Duty guidelines,’ says chief executive
Which? said its evidence that the home and travel insurance markets are not working was “overwhelming”
It’s almost four years since the FCA announced the Consumer Duty and over two since it was introduced. Jay Prosser, director of partnerships and propositions at Arag, looks at the challenges it has presented for legal expenses insurers and their business partners
’Our evidence that the home and travel insurance markets are not working well is overwhelming,’ says director of policy and advocacy
US-based litigation funding is impacting social inflation – a key concern for casualty reinsurers, says credit rating agency
’The more an MGA is given responsibility and accountability for claims outcomes, the better the decision making and the customer claims journey,’ says chief operating officer
‘It’s unfair that someone can go and get a pedicab and yet a taxi driver that has got a lot of insurance is paying several thousand pounds,’ says director
‘High uphold rates can be far more damaging to trust than sheer volume alone and, as this FOS data shows, some insurers still have work to do,’ says co-founder
’The Charter changes represent a significant evolution of the Institute,’ says executive director
‘This isn’t about reducing oversight – it’s about right-sizing it to ensure that regulation supports, rather than hinders, the MGA model,’ says chief executive
’This assured model reflects our shared commitment to accelerating the transition to a low-carbon economy and will help to equip insurers in the UK with the tools they need to meet their sustainability goals,’ says director
‘We only ask for the data we need, making sure it’s proportionate, to reduce unnecessary burdens,’ says chief data officer
Data analytics firm warns that rising non-tariff personal injury claims following a road traffic accident could erode whiplash reform gains
Best practice for safer driving has been a focus following the government’s proposed road reforms in August 2025 – the potential impact of rule changes on claims means the industry simply cannot be a passenger in these conversations
‘Fraudsters are ruthless. They attempt to steal money from innocent victims by impersonating the FCA,’ says executive director
‘Brokers are asking MGAs to deliver carrier-grade governance and start-up-speed innovation at the same time,’ says managing director
‘Improving risk management practices will help to build a sustainable and resilient insurance sector that is better equipped to serve the evolving needs of customers,’ says director of commercial customer risk management and sustainability