Regulation – Page 17
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News AnalysisBriefing: FCA must accelerate its authorisation process for new brokers
While the regulator must complete careful audits of new firms, the time periods being reported must improve
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NewsDrone opportunity for insurers amid ‘explosion’ in uses?
’I am sure we will all be using apps for drone operators offering services of a scope unimaginable a decade ago,’ says leader
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NewsHeavy Consumer Duty investment among FCA priorities for coming year
In its business plan, the regulator says it will invest £5.3m in Consumer Duty to ensure it is ’embedded effectively’
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News AnalysisFOS complaint volumes surge as Consumer Duty deadline looms
With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
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News AnalysisIn Focus: Consumer Duty presents ‘huge opportunity’, but implementation has not been smooth
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
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News AnalysisBettina Roth: Spearheading innovation on the Isle of Man
The Isle of Man’s Financial Services Authority’s chief executive says she hopes more insurtechs will do ’funky exciting things’ on the island
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News AnalysisIn Focus: How will Solvency II reforms affect general insurance?
Industry experts chime in on the advantages and risks of Solvency II
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NewsFCA appoints new enforcement directors as it looks to become ‘more assertive’
The new executive committee will bring a ‘highly complementary skillset,’ says chief executive
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NewsFCA sends Consumer Duty survey to cross-sector firms
The regulator is seeking views on its new regulatory framework prior to implementation in summer
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NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
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NewsDirectors and insurers warned ESG litigation set to snowball
‘ESG is a business imperative for every company,’ warned partner
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Sponsored ContentOne year on from the general insurance pricing practices regime implementation – Pearson Ham
Stephen Kennedy, director of insurance pricing at Pearson Ham, reviews the impact of the FCA’s pricing practices reform on premiums in the last year
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NewsOpportunity for Solvency II reform is ‘significant’ – Amanda Blanc
Aviva plans to ‘invest more into UK infrastructure’, says group chief executive
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NewsCompanies at risk of legal action amid likely PFAS clampdown, warn lawyers
There are growing concerns over the impact of the chemicals on human health
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News AnalysisBriefing: Interpreting ‘beast’ of regulation is ‘battle’ due to unclear FCA communications
Insurers understand that regulatory compliance can be ‘painful and time consuming’ for brokers, but they believe that greater collaboration can reduce the admin burden
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NewsInsurance sector breaking down barriers to data science integration
While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead
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NewsAutonomous vehicles will allow insurers to become ‘disruptors’
‘This is an amazing opportunity for the insurance industry,’ explained autonomous expert
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NewsBrokerFest 2023: Clarity and focus key to navigating economic headwinds
Those firms without a clear purpose will find the market ‘a harder place’, says partner
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NewsBrokerFest 2023: Consumer Duty ‘not going anywhere’ but GI sector has head start on other financial services – FCA
’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
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NewsInsurers’ appeal over court’s hybrid injury decision criticised as case backlog mounts
Industry commentator believes ‘insurers seem to be cutting off their nose to spite their face’ with move to disagree Court of Appeal finding
