Regulation
News
Home insurers lose more than half of disputes over repair delays
‘Nobody should have to spend months or years living in a construction site while their insurer drags its feet,’ says director
News Analysis
Briefing: AI needs to supercharge better regulation
James York explores how artificial intelligence could transform the relationship between firms and the regulator to make the case for an ‘Open Regulation’ regime
News Analysis
Insurance commission-sharing ban: Will leaseholders really benefit?
New rules will ban insurance commission-sharing in leasehold properties from November 2027, but experts are divided over whether the reforms will reduce costs or simply change how charges are recovered
News Analysis
Opinion: Dearth of fair value implementation steer now bites FCA
Industry concerns from yesteryear come to fruition as the House of Lords pokes holes in FCA’s customer-centric rules for the home and travel insurance markets
News Analysis
FCA warned against ‘cognitive surrender’ as it becomes ‘agentic regulator’
‘As agentic AI becomes more powerful, autonomous decisions may happen faster than the existing monitoring and governance measures were designed to manage,’ says head of AI and digital
News
Lloyd’s ‘would grind to a halt’ if underwriters reviewed every renewal clause
Underwriters do not read every page of renewal documentation in practice, panellists said, highlighting the importance of tracked changes and clear communication over policy wording amendments
News Analysis
The Big Question: What would your asks to the government be for the upcoming Budget?
Ahead of the Autumn Budget on 28 October, UK general insurance firms reveal what government priorities would be at the top of their agenda
News
House of Lords tells FCA to ‘accelerate’ work on home and travel as timescales ‘not clear’
’We know that the FCA is undertaking various pieces of work to make progress on many of the issues our report has highlighted, but the timescales are not clear and it should produce a roadmap of what it is doing,’ says chair
News Analysis
Agentic AI removes ‘barrier’ for fraud investigators across different insurance lines
’When you change the dynamic on how much time somebody needs to spend on an investigation or the fidelity with which they can find things, what you’re actually changing is the throughput of the system – the output benefit of prevented fraud,’ says technology leader
News Analysis
Briefing: ‘Growth Britain’ needs resilience in every postcode
Graeme Trudgill, chief executive at Biba, discusses the broker trade body’s asks for the upcoming budget
News
FCA plans to be ‘agentic’ regulator and shift to AI supervision
’Part of our work to become a smarter regulator means developing our future as an agentic regulator, using the same technologies reshaping our markets to make ourselves sharper, faster and more effective,’ says chief data, information and intelligence officer
News
Which? calls for ban on insurers profiting from monthly payment ‘poverty premium’
‘The prime minister has pledged to create more breathing space for consumers and that’s why we’re urging him to use the upcoming budget to announce a ban on two-tier pricing,’ says director
News
FOS names new independent assessor
‘Together with her team, she will give an impartial view of the level of service we provide,’ says chair
News
FCA confirms permanent FOS chair
’His extensive experience across financial services, regulation and public service organisations will be invaluable,’ says chair
News
Wakam UK is ‘solvent, profitable and growing’ as European arm gets temporary underwriting ban
’Wakam UK is a fully independent UK insurance entity and we’ll continue to move forward,’ says chief executive
News Analysis
TechTalk: Vibe-coding could leave insurers ‘crashing on the rocks’
The ’biggest misconception’ about vibe-coding in the market is that ‘AI-generated code reduces the need for governance’, says head of emerging technology risk
News
FCA secures bankruptcy order against broker that faces embezzlement charges
The regulator revealed that it had asked the court to make the broker bankrupt
News
FOS complaint volumes rise across leading insurance lines in Q2 2026
’The increase in the number of complaints being referred shows why firms cannot afford to look at outcomes in isolation,’ says co-founder
News
Coalition set to expand UK cyber cover as ‘enhanced’ regulatory and litigation risks emerge
‘With this new requirement to disclose and be transparent around AI, there’s enhanced risks and so we want to help brokers and clients address that risk through this regulatory coverage,’ says chief revenue officer
News
FCA warns over-standardisation of insurance terms risks ‘hollowing out’ policies
’What you risk is actually hollowing out a policy to get to a particular point,’ says executive director
Part of the Insurance and Risk group of Newsquest Specialist Media
Published by Newsquest Media Group Limited,
registered in England & Wales with number 01676637
at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a USA Today company
registered in England & Wales with number 01676637
at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a USA Today company
Site powered by Webvision Cloud