Regulation – Page 12
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News AnalysisTechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance
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News‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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NewsThree insurance products could be under FCA spotlight as Consumer Duty warning issued
’We’ve seen wake-up calls for savings firms, investment platforms and Gap insurance providers,’ says managing director
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News AnalysisHow is the industry faring six months on from Consumer Duty implementation?
Half a year on from the landmark regulation coming into force, Insurance DataLab takes a look at its impacts on the sector
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NewsUK Treasury grants Gibraltar approval for captive regime
’There is the possibility for a future alignment between Gibraltar and the UK in the captive [sector],’ says minister
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IT InterviewJohnny Timpson: Working with insurance firms to ‘treat vulnerable customers better’
MorganAsh’s new chairman highlights how his role will help UK insurance firms
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News AnalysisBriefing: Post Office scandal reawakens AI concerns
AI-powered chatbots have been known to hallucinate and spit out ‘unpredictable’ results, but could faulty software accounting systems from the late nineties be a sign of what’s to come with the technology?
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News AnalysisBriefing: Who are the valuable organisations in our industry?
The benefits of the industry’s trade bodies are all too great to take for granted, says Stuart Reid
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NewsIncreasing insurance costs lead to rise in amount of IPT collected
’Collections broke £6bn in 2021/22, £7bn in 2022/23 and could now surpass £8bn through this financial year,’ says head
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IT InterviewGraeme Trudgill: How Biba is working with the FCA and bringing its 2024 manifesto to life
’We look at the challenges, we find a path forward and we get that ultimate solution in place,’ says chief executive
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NewsCyber tops UK risks for 2024 – Allianz Commercial
’The UK takes a different view on major risks to its global peers,’ says insurer’s UK managing director
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News AnalysisBriefing: Is 2024 the year the FCA gets tough on insurers?
All the signs point towards further regulatory activity this year
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NewsManifesto 2024: Biba calls for streamlined approach to regulatory reporting
Association says it calls for the FCA to accelerate its work to move to a more streamlined approach to data collections
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News AnalysisBriefing: Public pressure could see Biba’s IPT demands finally fulfilled
With an election rearing its head and major political parties keen to win over voters, insurance premium tax could be due a cut
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NewsInsurance to drive AI reforms as litigation risks increase
’We expect to see discrimination, bias and privacy concerns amplified as key risks and probable litigation targets,’ says partner
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NewsBosses showing signs of ‘over-confidence’ on D&I strategies ahead of FCA policy
’It’s interesting to see the confidence in the sector when it comes to progress being made on D&I policies,’ says UK head
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NewsInsurance Times Review of the Year – Q1 2023
Insurance Times looks at highlights from Q1 2023 in its review of the year
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IT InterviewInsurance Times Advent Calendar: Ant Middle
For the 23rd day of advent, Ant Middle, chief executive at Ageas UK, talks industry achievements and some Lego alternatives
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News AnalysisOpinion: Onto the next one
Acting editor Yiannis Kotoulas takes stock of the past year
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News‘Insurers have not got act together post-Covid’ to provide ‘simplicity’ in claims service
’With remote working, it’s really difficult, particularly with larger teams,’ says non-executive director
