Regulation – Page 74
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Online onlySolvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
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NewsPersonal injury solicitor struck off after favouring CMCs over clients
The culprit made multiple breaches and failed to act when concerns were raised by third party insurers and the Motor Insurers Bureau
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News AnalysisProposed premium finance commission rules – what does it mean for brokers?
An update to premium finance commission rules means brokers may have to disclose the amount of commission they are charging
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NewsKennedys launches tool aimed at allowing insurance clients to self-serve claims
The new platform could save insurers and brokers time and money when getting legal advice as well as recovering written-off costs and helping underwrite future risk
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NewsOpen Insurance – the initiative that could change the market
In an industry with so many players, open insurance could make data sharing slicker and improve customer retention by increasing trust, but some fear it could be a direct threat to brokers
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NewsInsurance sector begs MIB not to waste LiP portal deadline extension
The industry fears that amendments to the LiP portal are at the cost of consumer detriment
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Online onlyDWIC 2020: Are African countries the new frontier for insurance?
With a rapidly expanding population and some of the fastest growing economies in the world, Africa could be a rich seam for insurers who make the right move
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Online onlyDWIC 2020: Industry mulls how to meet the needs of the global insurance consumer
Consumer Intelligence chief executive Ian Hughes opens DWIC 2020 with a look at the consumer of the future, and what is driving change in the insurance industry over the next five years
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NewsMGAs in line for Lloyd’s syndicate-in-a-box bids
Higher than expected number of bids to launch syndicates, Lloyd’s chief said
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NewsFCA apologises for major data breach
The regulator admitted that the names, telephone numbers and addresses of some people had been mistakenly published
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News AnalysisGreen issues forced onto insurance agenda
This is the year where the insurance industry can no longer ignore green issues
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Online onlyBroker banned from placing policies
Grimsby-based firm also told to refund premiums by 9 March
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NewsGovernment plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
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News AnalysisPRA’s cyber policy changes leaves firms at risk of being under-insured – Mactavish
Greater transparency welcomed but many businesses face extra bills for cyber insurance add-ons compliance firm says
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News AnalysisIndustry warns on the unforeseen consequences of the FCA’s pricing remedies
The regulator’s proposals to end unfair pricing practices have raised serious concerns in some quarters
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NewsPerry Prowse Insurance Consultants enters liquidation
The FCA came down on the broker last year as it breached Principle 11 and failed to meet the suitability threshold
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NewsEuropean insurance M&A on the rise again after Brexit lull
Deals were up despite hardening markets
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NewsBrokers facing five key challenges this year says CI’s Ian Hughes
Brokers face a tough year, but with the right strategies can triumph, Hughes suggests
