Regulation – Page 115
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News
Aggregators don't do enough to combat fraud - Taskforce
Insurance Taskforce Final Report says FCA could step in if comparison sites don’t improve data-sharing with insurers
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Agenda
Analysis: New Insurance Act is good for everyone, including brokers
Welcomed by insurers but feared by brokers, the new Insurance Act 2015 will fundamentally change the industry
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Hearing exposes FCA’s rocky relations with Treasury - reports
FCA acting chief McDermott disappointed when chancellor revealed her job decision
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Brokers struggle to budget with 'yo-yo effect' of FSCS levy - Steve White
White is confident is that FCA is committed to FSCS levy review
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Brokers: Insurance Act guidance from insurers is not enough
More than two thirds of brokers polled are in the dark about the Act BLM has said
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Insurance industry welcomes Fraud Taskforce report
’Insurers will do whatever it takes to protect honest customers,’ says ABI
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Signposting agreement for older policyholders renewed
Since launch of agreement in 2012 around 200,000 older motorists and holiday makers have been signposted
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Broker fee for running FSCS to increase by 44%
But for insurers the amount could go down by 23.6%
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Analysis: Survey proves the Chartered difference
The CII’s Ian Simons looks at a recent CII-commission survey that shows customers, particularly SMEs, rate Chartered firms more highly than non-Chartered ones.
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Review questions FCA independence from government
Recent government interventions and intense public scrutiny have also negatively impacted FCA culture and morale
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Agenda
Analysis: Why Chartered status is a seal of approval
While it may not always guarantee business, CII status often speeds up the initial process, and the qualification’s growing reputation means it is becoming a recognised industry standard
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Agenda
Special Report: The CII and professionalism
This Special Report, in association with the CII, looks at what it means to be CII Chartered: the benefits to business; how Chartered firms do better when it comes to complaints to the Financial Ombudsman Service; how Chartered insurers achieve higher levels of customer satisfaction; and why brokers prefer doing ...
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News
Solvency II is changing reinsurance buying – Guy Carpenter
Reinsurance broker detected a shift to proportional reinsurance at 1 January
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News
McDermott not interested in FCA job, says Osborne
Acting chief said to have pulled out of running before Christmas
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FCA denies scrapping insurance customer data study
Regulator says call for input from insurers running until 8 January
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FCA reportedly to shelve insurance customer data study
Move follows scrapping of banking culture review
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Ministers considering cap on compensation fees under CMC review
CMC review is due to be completed by early 2016
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News
TEn network to roll out established broker model from January
TEn aims to initially add at least 10 brokers to the network from 2016.
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Agenda
The CII View: Apprenticeships
The CII’s Daniel Pedley on the future of apprenticeships in the industry
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News
Gable enters funding arrangement to meet Solvency II requirements
As a result the insurer says this will reduce its reported profits for 2015 by around £2m