Insurance Times rounds up the top five stories making headlines across the market from 20 to 24 July 2026
The FCA hit the headlines this week with an announcement that insurance broker Anthony Jones Limited (AJL) has agreed to stop carrying out any regulated activity.
The regulator urged any customers that had purchased an insurance policy through AJL to contact the underwriter or insurer directly to check whether it remains in place.
The regulator also scooped the second most read article of the week, deciding to ban a father and son from UK financial services after the High Court found that they had engaged in fraud and misused client money.
The FCA felt that Alec Finch and Robert Finch “failed to act with honesty and integrity” in their roles at AFL Insurance Brokers.
More big news came out of Lloyd’s, with the marketplace concluding that the behaviour of its former chief executive John Neal fell “significantly below” the standards expected of senior leaders.
Not content to sit on the sidelines, the Prudential Regulation Authority (PRA) also waded in to the regulatory action, fining insurer HDI Global SE some £4,165,000 for submitting incorrect data over a three-year period.
Finally, in a positive end to a turbulent week, Ecclesiastical Insurance announced the appointment of several senior figures within its UK general insurance business.
Richard Coleman, managing director for UK general insurance, said “these appointments demonstrate the strength of talent we have within Ecclesiastical”.
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