Regulation – Page 14
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NewsHowden secures £500m of capacity to launch innovation hub
As part of the move, Howden will support insurtechs to help create the ’ideal platform to foster collaboration’
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News AnalysisBriefing: Consumer service vital after Luton Airport car park fire
The fire came at a time when complaints about car or motorcycle insurance hit a five-year high
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NewsConsumers lack understanding of what is included in pet policies
’A regulatory review could be warranted,’ says head of marketing
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News AnalysisOpinion: Can you afford to not compete?
Acting editor Yiannis Kotoulas discusses the increased attention on competitiveness within the insurance industry
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NewsPFS and CII launch Consumer Duty digital learning suite
’I would encourage all finance professionals to identify and take the steps needed to drive our sector forward,’ says chief executive
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News AnalysisBriefing: Upcoming industry ‘stress test’ should pose no problems for UK insurers
The general insurance industry should pass the regulator’s test with flying colours, says acting editor
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News AnalysisGibraltarian insurers still reporting lower solvency positions than UK
With the Insurance Times Top 50 Insurers report out this month, data provider Insurance DataLab takes a look at the solvency positions of insurers across the UK and Gibraltarian insurance markets.
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NewsBiba welcomes new leasehold buildings insurance reforms
’The statement coincides with extensive new work Biba has commissioned to help members better demonstrate fair value,’ association says
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NewsFCA confirms leasehold buildings insurance reforms
’Our reforms will help to strengthen the insurance market by providing new protections for leaseholders,’ says executive director of consumers and competition
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NewsOnline Safety Bill ‘imperative’ to protecting consumers from fraud – Aviva
’Online fraud has drastically undermined consumer trust in financial services,’ says head of claims counter fraud
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News AnalysisBriefing: Is the commission model of remuneration under threat?
The insurance industry finds itself in a defining moment, says Stuart Reid
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News AnalysisBriefing: FCA comes out swinging for insurance outliers
The regulator has placed Gap insurance firmly in its crosshairs – but that is no let off for the wider sector
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NewsFCA to clamp down on ‘outliers’ in cyber insurance market
’We are concerned that uncertain cyber policy wordings may result in firms not meeting their customers’ needs,’ says regulator
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NewsOnline Safety Bill is now set to become law – this is how it will tackle online fraud
Ofcom will be largely responsible for enforcing the bill
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News AnalysisBriefing: Could R&D tax credit error and fraud be the next PPI scandal?
R&D tax relief is supposed to help insurtechs, startup brokers and SMEs claw back costs invested in innovation, but this initiative has been ’abused’ to some extent
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News AnalysisOpinion: With great power, comes great responsibility
The insurance sector must accept a responsibility to stay out of political decisions, argues Yiannis Kotoulas
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News AnalysisCould the debanking scandal cross over into insurance?
The FCA said that it ’would not consider it appropriate to cancel a policy purely on the basis of a policyholder’s views’
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NewsBiba calls for ‘no further increases’ to IPT rate as record revenues reached
The trade body has also called for ’an exemption on premiums for impaired high rise, multi-occupancy buildings’ awaiting remediation, says head of GI
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NewsDXC Technology and Lloyd’s managing agency ink partnership
The partnership places the Lloyd’s managing agency in ’the best position possible to adopt and integrate modern technology,’ says chief executive
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NewsDirect Line Group agrees to business review after overcharging customers in FCA first
’DLG will carry out a review to identify all instances where a customer has been overcharged,’ says FCA
