Regulation – Page 18
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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
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NewsMotor insurance complaints continue to rise despite FOS warning
’What’s clear is that whatever the perceived issue, firms need to ensure they are treating customers with transparency and fairness,’ says chief executive
