Regulation – Page 14
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IT InterviewTara Foley: Consumer Duty is ‘not a one and done’ regulation
Insurer chief executive says the implementation of the new rules has ‘required significant effort and focus’
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IT InterviewEddie Longworth: Claims Champion award has boosted momentum around AI code of conduct
Award winner ‘overwhelmed’ by victory, thanking ‘large team of volunteers’ who contributed to project that helped secure the recognition
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NewsCat microchipping could help insurers ‘enhance fraud detection’
’By implementing microchipping, insurers could verify the identity of insured pets, thereby reducing the likelihood of fraudulent claims,’ says chief executive
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News AnalysisBriefing: Could government intervention create a rocky road for motor insurers?
A concerted effort to bring down claims costs must begin – and there’s not really any other option
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NewsMore interest in captive insurance facilities amid hard market
’Many companies now have captives and our client list is growing,’ says head
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NewsMajority of insurance executives see AI as way to drive revenue
’We are now entering an era of wide-and-deep enterprise AI adoption,’ says chief executive
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NewsOfcom provides fraud-specific Online Safety Act update
Counter fraud experts were told that fraud was ‘a priority harm’ in the regulator’s most recent consultation
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News AnalysisBriefing: Next generation has opportunity to furnish broker mid-market as firm numbers dwindle
Despite Biba’s 2024 manifesto confirming that UKGI broker numbers are decreasing, demand for this service is still prevalent – future leaders must seize this opportunity
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News AnalysisBriefing: It’s not about which customers are vulnerable, but what you do about it
Are we asking the wrong question when we ask for clarity on who exactly is vulnerable?
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NewsFCA reveals the firms it has allowed to restart Gap insurance sales in update
’We continue to work with the rest of the market to address our concerns,’ says executive director
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NewsDeepfakes and AI-powered fraud techniques may put the brakes on sector digitalisation
’There’s a bit of an arms race going on between fraudsters and counter fraud professionals in the use of AI,’ says head of fraud
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NewsBiba 2024: FCA admits it ‘can do better’ at explaining intentions
’Our approach is designed to raise transparency about what we are investigating,’ says regulator’s chief operating officer
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NewsBiba 2024: Trudgill highlights ‘significant concern’ over protection gap
’It is vital we close this protection gap,’ says chief executive
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NewsBiba 2024 Video: Tim Larke reflects on second day
On the second day of Biba 2024, James Hallam Limited’s head of personal and commercial sat down with deputy editor Yiannis Kotoulas to chat through his conference highlights
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NewsBiba 2024: Catch up on day two
Insurance Times rounds up the biggest stories from day two of Biba’s conference
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NewsBiba 2024 Video: Stuart Reid talks first day highlights
On the first day of Biba 2024, the Partners& chairman sat down with deputy editor Yiannis Kotoulas to chat through his conference highlights
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NewsBiba 2024: Brokers want to be ‘brought to the table’ over Gap insurance decisions
’The handling [of Gap] has not been the smoothest,’ says partner
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NewsBiba 2024: Could a public-private partnership provide an answer for systemic cyber risk?
The ‘man-made peril’ of cyber attacks is on the up as digitisation increases, however there is still a low penetration of cyber insurance in the UK, says industry commentators
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NewsBiba 2024: Catch up on day one
Insurance Times rounds up the biggest stories from day one of Biba’s conference
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NewsBiba 2024: New premium finance guide launched to help brokers demonstrate fair value
’This guide helps to explain how premium financing works,’ says chief executive
