Regulation – Page 85
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Expert View: For whom the bell tolls
Recent news from Lloyd’s confirmed something we’ve known for some years – that UK professional indemnity is one of the three worst performing classes in the London market, Nick Bender, joint managing director at MGB Insurance Broker writes
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News
Civil Liability Bill receives Royal Assent
After years of debate and negotiation, the Civil Liability Bill is now written into law
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News
Industry reacts: CMA's crackdown on pricing
The competition watchdog unveiled its robust measures to tackle unfair treatment of loyal customers,l but how does the industry feel about it?
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Regulator wants ‘name and shame’ loyalty penalty tables published on insurers and brokers
CMA recommends one of the toughest crackdowns ever seen in insurance as it vows to do whatever it takes to bring insurers and brokers in line
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PRICING INTERVENTION: Competition watchdog unveils gigantic crackdown on insurance
CMA unveils game-changing plans in a huge crackdown on insurance firms ‘ripping off’ customers
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News
Failed CBLI's shortfall could be as much as $343m
Liquidators publish update on the extent of failed insurer’s troubles, while also considering action against the company’s directors
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News Analysis
FCA publishes new rules heading for CMCs in April
The FCA will take over regulation of CMCs from April 2019
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Non-executive directors urged to avoid conflicts as FCA bans and fines consultant
The FCA has fined investment consultant Angela Burns £20,000 and banned her from non-executive roles following a conflicts of interest finding against her.
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News
Worrying signs for cyber insurance as new Aon poll published
More than 80% of SMEs don’t see cyber attacks or data loss as a significant risk to their business
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News
Milestone for insurers as they come under SMCR – says FCA
The regime is intended to increase individual accountability within the industry
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Video: Five minutes with... ABI head of general insurance policy, James Dalton
Fresh from the annual Motor Conference, the ABI’s James Dalton sits down with Insurance Times reporter, Scott McGee
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EXCLUSIVE: Arron Banks taking ICO to court over fine
Arron Banks told Insurance Times he would challenge the £135,000 fine and explained how he believed the ICO had breached its own protocols
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News
Broker preparing for insurance green card revival
Insurance firms are exploring providing green cards electronically
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News
One week left for SMCR conversion notifications warns FCA
Insurers will have until midnight on the 2 December to submit a conversion notification
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News
Government considering premium discount for drivers with cycling awareness
The government is aiming to improve cycling and pedestrian safety after an increase in fatalities last year
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News
Civil Liability Bill sails through parliament
No amendments were put forward as the Bill went through its last day in the House while experts debated it at the ABI Motor Conference
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News
Aviva apologises for breaching FCA transparency rules
Aviva has sent an email to affected customers apologising
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News
AXA updates management liability product with Brexit cover
In October AXA XL moved its Euopean arm out of the UK to Ireland
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News
Rentalcars.com extends partnership with Cover Genius
The insurtech’s payment solution solves an industry problem in executing claims fast internationally
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News
Banks' Brexit campaign and insurance firm facing £135,000 fine
Leave.EU confirmed the fine after part of an ICO report was leaked