Regulation – Page 20
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News
‘Continued, significant problems’ persist with OIC portal – Carpenters Group
The portal has performed ’far below even the most pessimistic expectation’, says law firm director
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News
Judgment reins in liability for horse owners
The case also reiterates the importance of insurance for horse and livestock owners, says partner
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News
CTP regulation provides insurers with new opportunity – CFC
Potential regulations could allow insurers to provide ‘regulatory investigation cost coverage’.
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News Analysis
Briefing: Consumer Duty - Regulatory headache or brilliant opportunity?
The FCA’s new rules underscore opportunity to boost profitability using customer experience
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News
FCA warns sector over ensuring value for consumers
The regulator has warned that customers’ mental and physical health may suffer when struggling to pay bills
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Analysis
The Big Question October 2022: What is the current state of play in the construction professional indemnity market?
Insurance Times asks industry leaders about the current construction PI market as headwinds hit the sector following the likes of the Grenfell Tower tragedy
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Analysis
Complaints fall post-pandemic, but how is the industry really faring?
Insurance DataLab picks out the choice complaints data to explore where insurers are succeeding and where they can target improvements
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News
Government-backed PI scheme for EWS1 assessors launched
The new professional indemnity scheme will fix the issue of a stalled mortgage market for mid and high-rise buildings, says chief executive
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News
Optimisation is ‘the game in town’ rather than simple pricing – RSA
At Earnix’s mid-September conference in London, RSA’s chief underwriting officer discussed how fair value might be applied to the increased quantity of products in the market
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News
‘Temporary’ government energy bill support does not avert risk of insolvency for UK businesses
Commercial insurance clients may now have to make operational decisions to survive tough economic times, say insurers
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News
FCA sets out potential reforms to multi-occupancy buildings insurance market
Biba has welcomed the findings of the report and said it appreciated the regulator’s engagement with its members while gathering information
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News
Dale Partners receives approval to launch new managing agency in Lloyd’s
The business has hired four independent non-executive directors to play an ‘invaluable’ role in the launch as part of the agency’s board
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Analysis
Briefing: Reinsurance sector still facing BI ‘big issue’ despite clarity for direct market
A lack of visibility around aggregation arbitration is preventing the reinsurance sector from dealing with Covid-related BI claims
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Analysis
Briefing: Industry scratching its head over deepfake e-scooter fraud
What new types of claims and fraus will arise following the extension of the UK’s e-scooter trial?
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Analysis
MGAA targeting ‘every MGA in the UK and Ireland’ for membership
The trade body’s ‘clear objective’ is to provide ‘relevant’ support and content for both its current and future members
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News
Changed government should not impact counter fraud elements of Online Safety Bill – Ofcom
The new prime minister has confirmed that her government would proceed with the passage of the bill
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News
UK businesses remain ‘in the dark’ about energy costs despite new government plans
Businesses will require additional support before they are ‘forced to close their doors’, says risk expert
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IT Interview
Lea Cheesbrough: The ex-broker shifting appointed representatives away from a ‘tarnished’ reputation
The FCA’s new regulations on ARs will provide a boost to AR networks, says managing director
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News
New chancellor summons insurance leaders to Treasury
Kwarteng said his attention would immediately focus on minimising the impact of the cost of living crisis
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News
IUA tackles high-rise fire safety risks with new model insurance clause
The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings