Regulation – Page 38
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NewsInsurers show ‘cautious willingness’ to underwrite fire safety risks on defective cladding – IUA
IUA members have called for a greater focus on quality over cost to make it easier for underwriters providing cover for remediation projects
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FeaturesBriefing: ‘Radical fresh thinking’ is required to tackle ‘connected’ risks and protection gaps
The industry is facing ‘a battle to stay relevant in the face of systemic risks that look to be beyond the scope of traditional insurance solutions’, says law firm report
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FeaturesBriefing: Will ADS safety rating put brakes on government’s automated driving push?
Industry commentators still have questions around the safety of technology such as ALKS, however the UK government is eager to have automated driving on Britain’s roads this year
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FeaturesBriefing: The tortured relationship of brokers and the FCA
Latest FCA regulation around fair pricing and value is straining broker relations
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IT Interview‘There are definitely issues’ with getting claimants to use the OIC portal – Axa
The fluctuating coronavirus landscape has created an ‘artificial environment’, making long-term motor claims trends difficult to pinpoint, says UK retail boss
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FeaturesOctober deadline for FCA GI pricing changes is ‘a rude awakening’ for brokers
The first batch of changes from the FCA’s pricing reforms are coming into effect at the end of this month, but industry commentators fear brokers won’t be ready
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Sponsored ContentInsurtech tools are a must to support compliance and meet customer expectations – Cazana
Roland O’Neil, Cazana’s strategic partnership manager, tells Insurance Times how using insurtech can help insurers treat customers fairly while embracing digital transformation
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Sponsored ContentIndustry collaboration is key to making OIC portal truly work – Carpenters Group
Carpenters Group director Donna Scully gives her perspective on how the new Official Injury Claim portal is working so far, highlighting potential problems for industry participants
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Sponsored ContentMaking sense of the FCA’s pricing rules – Pearson Ham
With the first round of new regulations aimed at ending price walking set to take effect at the end of September, Pearson Ham director Stephen Kennedy answers questions on what the changes will mean
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NewsFilm production delay terms ‘more specialised’ than standard BI cover
Aggregation is becoming ’one of the key disputed issues’ over claims for film production delay
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News‘Some just will not survive’ – message as FCA pricing deadline looms
BGL Group broker chief delivers message amid looming FCA changes on pricing and value
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NewsMission Impossible film studio sues insurer over Covid payout
The film company’s insurer is reportedly covering losses arising from one out of seven production delays or stoppages
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FeaturesBriefing: Admin fees are a massive issue the FCA must address
Administration fees will be in the firing line as FCA deadline on pricing reform looms
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NewsLV= committed to working with customers ahead of FCA’s fair value deadline
LV= Broker’s distribution and underwriting director says ’there’s likely to be quite a high level of disruption to market pricing and propositions’ following the implementation of the FCA’s pricing reform changes
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FeaturesBriefing: FCA must ‘up the ante’ on GI pricing reform to combat ‘very slow’ industry engagement
The regulator attempts to gee up insurance businesses ahead of its first GI pricing reform deadline with scathing multi-firm review – but will publishing ‘shortcomings’ galvanise industry action?
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NewsMore strategic cooperation between automotive insurers and supply chain needed – Sedgwick
Sector collaboration is vital as ’dealers and car distributors may lack the expertise to handle complex issues around electronics, telematics and sensors’, says loss adjusting firm
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FeaturesInsurance sector still to demonstrate ‘meaningful change’ around diversity and inclusion
The Dive In 2021 festival will reveal a ‘big pool of talent that people don’t realise they are not tapping’
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NewsFCA concerned that insurance firms unprepared for incoming product governance rules
The regulator’s executive director for supervision says ‘it’s worrying that some firms may not be ready’ for 1 October deadline
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NewsABI reveals code of practice for child sexual abuse claims
The trade association has responded to the 2019 report from the Independent Inquiry into Child Sexual Abuse
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NewsNew EU speed limiter tech could hit UK car insurance prices
Insurance premiums ’could be reduced’ if new technology succeeds in cutting down the amount of accidents on UK roads, says aggregator Confused
