Regulation – Page 77
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NewsFCA and Bank of England to develop data strategies
The data-driven approach could include the implementation of digital regulatory reporting
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NewsLiP portal to enter next stage of testing this month
The MIB confirms that feedback so far has been ‘very positive’
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Online onlyFCA in strongest warning yet to insurance bosses over bad behaviour
It could mean that the FCA could withdraw or not give approval status to senior bosses that fail to control rogue behaviour
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FeaturesClaims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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NewsGallagher becomes preferred broker for Greater Manchester councils
The broker wins a four-year appointment to work with 10 local boroughs
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NewsAXA UK and Brokerbility Academy offer management training for broker leaders
The sessions target prevention and intervention around themes such as bullying
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AgendaIncreased fire risk highlights insurance concerns on bigger container ships
The risk from undeclared or misdeclared hazardous cargo has grown substantially
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NewsIUA targets cyber warfare and climate change in 2020
The IUA will also update members on Brexit-related issues
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NewsSRA opts not to change lawyers’ minimum professional indemnity cover
The authority will be maintaining the existing ‘one-size-fits-all’ model
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NewsAlmost 250 insurers pull out of Irish market in the last six years
And nearly half of those have left in the last two years
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NewsGefion ‘working on several solutions’ as Danish regulator sets liquidity deadline
The unrated insurer says it hopes a series of measures will turn its fortunes around
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NewsInsurers breathe sigh of relief as election delivers certainty
Boris Johnson remains as prime minister with majority win
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FeaturesAnaphylactic shock triggers reaction in restaurants’ public liability cover
Risk management becomes a prominent focus as the hospitality sector battles to prevent claims inflation around allergic reactions
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NewsA fifth of British firms expect to make Brexit-related business interruption claims
UK-based businesses fear the impact of a disorderly Brexit
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NewsBerlin-based WeFox set to launch app in UK
But uncertainty surrounding Brexit delays parent company’s launch of UK-based insurer
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NewsInsurers have opportunity to boost customer loyalty says CII
The professional body’s public trust index also earmarked pricing and relationships as key areas of improvement
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NewsLegal cannabis companies struggling to get insurance
Last year Lloyd’s said that it would allow members to underwrite cannabis related business in Canada
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FeaturesD&O market has to fight impulse for broad brush increases
The UK market is facing a D&O dilemma - the industry’s reaction will define the class’s future
