Regulation – Page 4
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NewsFCA removes reporting requirement that affects 36,000 firms
‘We only ask for the data we need, making sure it’s proportionate, to reduce unnecessary burdens,’ says chief data officer
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NewsOIC portal savings ‘at risk’ as non-tariff personal injury claims surge past 50%
Data analytics firm warns that rising non-tariff personal injury claims following a road traffic accident could erode whiplash reform gains
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News AnalysisBriefing: Insurance sector has ability to steer road safety
Best practice for safer driving has been a focus following the government’s proposed road reforms in August 2025 – the potential impact of rule changes on claims means the industry simply cannot be a passenger in these conversations
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NewsNearly 500 victims transferred funds to ‘ruthless’ fraudsters posing as FCA
‘Fraudsters are ruthless. They attempt to steal money from innocent victims by impersonating the FCA,’ says executive director
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NewsMGAs struggling with contradictory broker expectations
‘Brokers are asking MGAs to deliver carrier-grade governance and start-up-speed innovation at the same time,’ says managing director
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News AnalysisShould the UK have a minister for resilience?
‘Improving risk management practices will help to build a sustainable and resilient insurance sector that is better equipped to serve the evolving needs of customers,’ says director of commercial customer risk management and sustainability
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News AnalysisIs influencer insurance the next must-follow for protecting content creators?
‘Most influencers and content creators are really underinsured – if they’re insured at all,’ says commercial account executive
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News AnalysisInsurance sector reacts as government weighs up mandatory testing for over 70s motorists
’We, as an insurer, welcome any measures that give us and our older customers assurance that they meet the required standards required to hold a driving license,’ says chief underwriting officer
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NewsInsurance sector urges detail on liability in self-driving vehicle rollout
‘Until detailed legislation is in place, it is not possible for us to fully consider how insurance for self-driving vehicles will work in practice,’ says managing director
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News AnalysisIs it the end of the road for motor referral fees?
The FCA has raised concerns that referral fees in the motor market can drive up the lifecycle and cost of claims – however, market participants are tight-lipped about next steps for this model
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NewsMGA launches motorhome Gap product with Financial and Legal
’We urge brokers to start selling this product again – which offers valuable protection that their clients have been missing,’ says business development manager
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NewsMarket reacts to motor finance commission ruling as FCA confirms redress scheme consultation
‘This ruling could have implications for the insurance industry,’ says financial services partner
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NewsMGA sector entering ‘two speed market’ as innovation and maturity diverge – SiriusPoint’s Alex Hardy
As established MGAs scale up and sector startups seek to drive innovation, long-term partnerships must withstand shifting market cycles, changes and movements, says head of delegated and distribution
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NewsRegulated firms report FCA and PRA performance improvement – LMG
‘The service delivered by both regulators has taken a significant step forward over the past year,’ says trade body chief executive
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NewsBriefing: Are premium finance providers allowed to profit?
There is a cost to providing customers with access to capital – so what’s all the fuss about?
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NewsMNK Group appoints new group executive managing director for risk and regulation
’I look forward to embedding governance and robust risk management as a strategic asset and helping the group scale with resilience, integrity and purpose,’ says appointee
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News AnalysisPet and travel insurance complaints rise amid regulatory scrutiny
In particular, claims journeys appear to be causing customer dissatisfaction, says market intelligence firm
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NewsHigh Court backs Bath Racecourse in landmark Covid BI ruling
‘Businesses with multiple premises may have separate limits and sublimits of indemnity,’ says law firm partner
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NewsIUA calls for strong regulatory framework for automated aviation
’A clear and enforceable regulatory regime will help mitigate risks and support the development of insurance products,’ says director of underwriting
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NewsFCA issues ‘double dipping’ warning to insurance firms amid premium finance probe
’If we see evidence of firms not having an objective and reasonable basis for taking such an approach, we will consider our supervisory approach on a firm by firm basis,’ says regulator
