Regulation – Page 80
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News
Average cost of inland flooding three times more without defences
Industry calls on government to increase flood defence spend following the release of research by the ABI
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News Analysis
The motor market will get tougher before it gets better – Covéa chief
Covéa chief executive James Reader talks to Insurance Times about the increasingly difficult motor insurance market, while announcing measures to reduce car theft through keyless technology
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News
ABI requests compulsory sprinklers in schools and ban on combustible materials extended
It follows the ABI and Zurich submitting evidence on modern methods of construction to a select committee following the Grenfell fire
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Agenda
'Clamp down on unregistered insurers' - industry opens up on desired IPT review outcomes
HMRC is seeking views on a range of issues including the use of insurers unregistered to pay Insurance Premium Tax, and whether brokers should be allowed to foot the bill
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Agenda
Exclusive FOS data reveals motor insurance drives complaints about insurers
The Financial Ombudsman Service received almost twice as many complaints about car and motorcycle insurance in the six months to March than any other product
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News
'The concept of corporate hierarchy is under fire' - Insurance2025 speaker, Pukka's Sam White
Ahead of speaking at Insurance2025 on 3 July, Sam White sits down with Insurance Times to discuss the changing company culture and what needs to be done to attract the next generation
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News
Car theft payouts hit seven-year high as it passes £1.2m per day
ABI figures show quarterly payouts for vehicle thefts at its highest number since 2017
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Online only
Calls for FCA action as secret property agent commissions hit new highs
Five years on from the CMA’s report exposing huge commissions paid by brokers to property agents to win business, Insurance Times finds the practice is still very much alive and the sums being paid greater than ever
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News
'Insurers are not geared to embrace new ideas': Insurance2025 panellist Mike Brockman
Ahead of taking part in a debate about insurtech integration at Insurance 2025, ThingCo founder Mike Brockman speaks to Insurance Times, advising startups against relying on backing from insurers
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News
Legacy systems 'unintentionally causing GDPR violations'
Tech analyst Auger calls for ”increased vigilance” as some companies are still violating GDPR without knowing it
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News
Time to improve ethnic diversity - iCAN panel calls for action
Diversity doesn’t end with gender. A panel debate by iCAN this week shed insight on the lack of ethnic diversity in the insurance industry and what can be done to tackle this issue
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Online only
Cyber E&O blunders ramp up mis-selling dangers for brokers
Law firm Browne Jacobson has seen an increase in the number of cases where brokers are accused of mis-selling, or even not selling, cyber insurance
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Online only
ACSO calls for additional reporting for motor insurers in CLA response
The association representing claimant law firms has responded to a government consultation on the Civil Liability Act, calling for further reporting requirements and at an earlier date
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News
FSCS declares three insurance firms in default
The companies feature on a list of 21 failed financial firms
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News
CII head calls for more action on gender pay disparity
CII analysed data for the companies made up of insurers, intermediaries, loss adjusters, financial advisers and other related organisations to highlight trends
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BIBA
Ecclesiastical on look-out for investors for grassroots project inspiring the next generation
The idea resulted from last year’s Biba hackathon challenge
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News
Allianz 'on track' as Pet proves pivotal in remaining personal business
Allianz shows growth in commercial and pet proves to be the driver of strong results in personal despite transition to LV=
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News
Government strategy boosts industry efforts to improve flood resilience
The Environment Agency has launched a long-term strategy to tackle flooding and coastal change
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News
CBL directors withdraw opposition to liquidation
Directors Peter Harris and Alistair Hutchison had been trying to arrange a deal to save CBL, but today confirmed that attempt had failed
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News
GoCompare becomes first aggregator to be named IFB member
The comparison site says it has access to tons of data which can help in the fight against fraud