Regulation – Page 87
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Agenda
MGA selling broker reignites ownership debate
With brokers owning MGAs and insurers owning brokers, how is the industry dealing with potential conflict of interest issues that might arise?
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News
ABI extends consumer education initiative to include travel
The campaign originally focussed on property, motor and small business insurance
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News
'Meet our standards or cease trading' – FCA sends warning shot to CMCs
Head of claims management regulation at the FCA, Garry Hunter outlined what he hopes will happen with CMCs after it takes over regulating them in April 2019
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Agenda
FCA fines Tesco Bank £16.4m for "avoidable" cyber attack
The attackers netted £2.26m from the attack in November 2016
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News
ICO fines Bupa £175,000 for data protection failures
The data of 547,000 customers was extracted by a Bupa employee and offered for sale on the dark web
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News
“Look very carefully at policies” insurers warned ahead of FCA pricing review
Industry experts have warned insurers there will be “harsh external criticism” of the market following the investigation into pricing
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News
FCA to launch investigation after dual pricing super-complaint
An investigation of the pricing practices of general insurance firms was today announced by the FCA in its 2018/19 business plan
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News
Quarter of brokers unaware of new directive starting from Monday
Survey found 27% of brokers were completely unaware of the Insurance Distribution Directive
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News
No-deal Brexit could see drivers needing “green cards” from insurers
The need for green cards could potentially see insurers having to hike administration costs
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Online only
AXA Partners teams up with SA Systems to offer on-demand travel insurance
The two firms plan to expand their on-demand initiative across the UK and globally
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News
ABI research shows how to tackle gender seniority gap
The research takes a comprehensive look at barriers women face in getting top jobs in the industry
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IT Interview
Flood Re signs up to the Women in Finance Charter
The scheme has also pledged to double its female representation on the executive committee by 2022
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Online only
CII reduces gender pay gap - but chief executive says “more must be done”
Sian Fisher wants the entire industry to increase its efforts to narrow the gender pay gap
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News
Insuring against a no-deal Brexit
With current passporting rights and market access set to end when the UK leaves the EU, insurers have been making contingency plans including relocating part of their business
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News
CII launches Society of Insurance Broking
Last month the number of people holding a chartered title through the CII dropped for the first time since 2008
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News
QBE given green light for Brexit restructuring
QBE’s hearing marks “one of the first Brexit-driven transactions to be given go-ahead from the High Court”
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Features
Foe to friend? Amazon in U-turn over insurance entry - Analysis
After reports Amazon was to enter the insurance space and become a threat to insurers, new speculation of an Amazon comparison site has turned that upside down
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News
Government exempts vulnerable road users from claims limit increase
The small claims limit increase will no longer apply to vulnerable road users, but claimant lawyers are still unhappy
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Agenda
ABI releases survey findings backing Civil Liability Bill
The ABI states the survey results demonstrate a public backing for the Civil Liability Bill