Regulation – Page 6
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NewsCoverage disputes must maintain ‘mutual respect’ to preserve commercial relationships
‘There is a day after the dispute – damaging the commercial relationship damages the business too,’ says law firm managing partner
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AnalysisBrokers reducing panel sizes as an ‘unintended consequence’ of regulatory burden
’The FCA like healthy competition because it works in the interests of consumers, but if regulation is driving the opposite, then it’s time to look at it,’ says regulation director
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NewsFCA proposes further regulatory cuts for insurance sector
Insurance Times can exclusively reveal that the regulator is seeking opinions on cutting further regulatory returns for insurance firms
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News AnalysisGender pay gaps at UK insurers revealed – the best and worst performers
Insurance Times investigates the gender pay gaps at the biggest insurers listed within its annual Top 50 Insurers report
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NewsFCA clarifies when it will name and shame insurance firms
The regulator also says it will continue to improve the pace and focus of its investigations
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News AnalysisThe Big Question: What were the most unexpected takeaways from the Biba Conference 2025?
Following another energetic and well attended Biba Conference in Manchester this May, industry leaders reflect on the most surprising moments from across the two-day conference
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NewsCommercial Court Covid BI case set to impact composite policy interpretation
Law firm says interpretation of ‘any one loss’ could have market-wide impact
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News AnalysisIn Focus: Concussion in sport – The legal test cases that could reshape liability risk
Three landmark test cases are shining a spotlight on sports related concussion – these could have far-reaching implications for liability insurers, governing bodies and the future handling of brain injury claims
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News AnalysisLatest GI complaints data shows improvements – but redress and resolution delays increase
Motor and transport insurance remains the most complained about business line in UKGI, according to the FCA, with complex claims and repair delays fuelling frustrations
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NewsBiba 2025: Some firms will find FCA’s refocused approach ‘challenging’ to navigate
’That flexibility is beneficial, but there are challenges that come with it,’ says managing partner
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NewsBiba 2025: Trudgill welcomes FCA decision to simplify rules in keynote
’I know our members will look forward to this new era of regulation,’ says chief executive
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NewsBiba 2025: FCA reveals plans to strip back insurance rulebook
’We are stripping back our insurance rulebook by removing ineffective, outdated or duplicated regulation,’ says director
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News AnalysisOpinion: FCA flexing trigger finger around section 166 driven enforcement
Consultancy’s freedom of information request reveals direct cost impact of section 166 reporting, providing further impetus for firms to get a handle on regulatory admin
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IT InterviewRichard Breavington: Exposure, appetite and uptake – the changing strategy of insurers in the cyber market
Cyber specialist and RPC partner talks cyber insurance, ransomware and how insurers are changing their strategies to get the most from the market
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News AnalysisIn Focus: What do Trump’s tariffs mean for UK insurance claims?
’We believe that the introduction of tariffs will increase the cost of claims,’ says head of insurance
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News AnalysisBriefing: Easing regulatory burden is no small feat as pressure mounts
Biba has ringfenced the direct and indirect cost of regulation – but how the moving parts of government, industry and regulators align to digest and deal with such information is still up for grabs
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NewsFOS reveals which insurers are seeing largest volume of complaints
‘Behind each case are customers waiting for an answer and we are committed to delivering fair, timely and effective resolutions for consumers and businesses alike,’ says chief executive
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NewsBiba reveals impact of regulation costs on insurance premiums
‘We strongly believe that the burden of regulation can be reduced and we are working closer than ever with the FCA on a number of opportunities to achieve change,’ says chief executive
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News AnalysisIn Focus: Is the Covid linked business interruption claims backlog still an issue for UKGI?
Five years on from the onset of the Covid-19 pandemic, Insurance Times asks insurance experts whether business interruption claims linked to the lockdowns are still causing challenges for insurers and what the scope of the potential backlog is
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NewsFCA revokes Glasgow-based broker’s permissions to operate after fair value reporting failure
The regulator has deemed the broker ‘not a fit and proper person to conduct regulated activities’ after ignoring fair value questionnaire request from 2022
