‘Businesses need to understand how fines and penalties are treated across jurisdictions and ensure that their governance, reporting and compliance frameworks are robust,’ says head
’There’s a real opportunity for us to make a step change through our thematic reviews,’ says managing director
’While we’re not planning any market-wide changes, we won’t hesitate to act if firms fall short of our expectations as we continue to monitor fair value,’ says director
‘A cap has been agreed with the FCA that both parties consider appropriate and consistent with our strategy and customer-focused growth ambitions,’ says Markerstudy spokesperson
‘It is disappointing that the FCA is declining to take any further action when so many claims remain unresolved,’ says head of policyholder disputes
A disconnect between technical compliance and customer experience carries reputational risk for the sector – but is currently not being addressed
Is UKGI too focused on being a stickler for Consumer Duty rules, without properly considering the ethos and spirit of this outcomes centred regulation? Claims processes could be the rub here…
’We’ve had incredible success with our [England] women’s football team and rugby team, [but] they bring with them different risks, different injuries and different challenges,’ says chief executive
’Training and skills is a really important part of what we do,’ says chief executive
’It is time to connect, time to engage, time to support and I am going to add one in – it is time to evolve,’ says insurance head
‘It’s not easy asking for a bill that isn’t in the King’s speech, that’s quite a challenge, but we just think it’s a necessity if we’re going to actually make these changes happen,’ says broker body chief executive
’We want to be crystal clear on what we want to achieve for our members and highlighting the most important issues puts them sharply into focus,’ says chief executive
Insurance DataLab examines the latest Financial Ombudsman Service (FOS) complaints data to question whether Consumer Duty has had the desired impact
’The continuous delivery of changes and improvements to our service and the framework in which we operate will be a key focus next year,’ interim chief executive
As the Employment Rights Act comes into force, the insurance sector is well placed to support policyholders in adapting to the required changes
Insurance Times rounds up the top five stories making headlines across the market from 5 to 9 January 2026
‘Some providers are exiting the market because the regulation is too prescriptive and difficult,’ says chief compliance officer
Insurance Times asked industry figures to consider the risks and opportunities a Reform UK government might present if it sought to overhaul the FCA – and what such changes could mean
The FCA says making the investigation public will allow affected customers to consider their options