Regulation – Page 116
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NewsFCA fines broker for misusing client premiums
Vroni O’Brien used inaccurate client money calculations for broker Joint Aviation when she did not understand the rules
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AgendaExpert View: Collaboration is key to keeping up with change
Aviva broker distribution director Fraser Edmond talks about insurers’ responsibility to support brokers in today’s challenging market
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AgendaExpert View: Working together in customers’ interests
RSA commercial product director, underwriting and pricing, Colin Bradbury, talks about the Insurance Act 2015 and its duty of ‘fair representation’.
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NewsUK insurers ready for Solvency II, says ABI's Evans
ABI chief calls for pause before any further reform is introduced
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AgendaThe CII View: It’s time to do more to attract young talent
CII communications director David Ross on why the insurance industry needs to hire more young people
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AgendaThe CII View: Apprentices: our future professionals?
CII marketing director Ian Simons on how the industry needs to rise to the apprenticeships challenge
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NewsCollinson fraud manager to be honoured by Police
Mathew Crawford-Thomas’s work with IFED to feature on TV in New Year
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AgendaAnalysis: Insurers must promote value of being Chartered
Zurich’s head of talent Tara Hutton says not enough personal lines customers are aware that being Chartered means an insurer has higher standards
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NewsEuropean insurers claim local regulators are ‘gold plating’ Solvency II
But survey finds majority are ready for 1 January introduction of new regime
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NewsEuropean Council adopts Insurance Distribution Directive
Member states now have two years to embed the directive into their regulatory framework
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AgendaInsurance bodies voice concern over apprenticeship levy
Biba and the CII are worried about affect of government’s levy plan on an industry that is already investing in apprenticeships
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NewsMobile phone insurance provider faces possible FCA action
Mobile phone insurance market follow-up probe found some improvements, however this was not the case with many firms
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Agenda
Fidelis Insurance to underwrite in the UK
The insurer is run by former Lancashire chief Richard Brindle
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NewsFOS receiving growing number of complaints about premiums
Some insurers are offering cheap premiums to new customers but longer-standing policyholders see year-on-year increases
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NewsAnalysis: Actuaries' data shows CMCs still fuelling whiplash claims
Institute and Faculty of Actuaries says reforms have had no effect with lower number of CMCs seeing sharply higher turnover
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NewsBroker director handed 11-year ban for mis-selling insurance
My Cover’s David Stuart Picton caused company to mis-sell more than 11,000 policies
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NewsPRA approves 19 insurers' Solvency II models fully or partially
Regulator publishes list of general and life insurers whose internal models can be used from 1 January
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NewsFCA renewal plans could be watershed for insurance, says AXA's Blanc
AXA UK & Ireland general insurance chief executive Amanda Blanc says insurance is waking up to the importance of trust and transparency
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NewsFCA renewal premium plan 'watershed moment', says AXA's Blanc
Insurance industry is waking up to the need for greater transparency and earning customer trust
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NewsAviva welcomes FCA's prior year premium plan
Insurer says proposals are good news for consumers
