Regulation – Page 93
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NewsFCA sees 61% increase in disciplinary action
The FCA saw a dramatic increase in the number of UK financial firms and insurers referred to its independent decisions committee
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News30% of consumers would consider switching to Amazon, Google or Facebook
Research by GlobalData reveals almost a third of consumers would buy their insurance from tech conglomerates
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NewsEx-AA chief seeking £225m in damages
Ex-AA chief seeking £225m in damages for dismissal following fight with another executive
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NewsSedgwick completes Cunningham Lindsay capture
Sedgwick finalises the purchase of Cunningham Lindsay and its subsidiaries
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NewsEU collective action plans could fuel more false claims, warns Insurance Europe
Concerns expressed new European Commission plans will lead to more opportunist claims
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NewsSolvency II auditing costs could be halved for 150 smaller insurers
Proposed changes to Solvency II up for consultation include removing the external audit requirement for smaller insurers
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NewsAXA calls for new governing standards for driverless cars
AXA and Burges Salmon says new standards would be vital to better guess if a driver is liable for an accident during the ’handover’ of control
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NewsMore gaps to fill for Jelf after Clark Thomson acquisition
Jelf says Clark Thomson puts them in a dominant position in Scotland but says there are still gaps that need to be filled.
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NewsAllianz UK to provide insurance for Drivy customers
Allianz UK to partner car sharing platform, Drivy, to provide insurance to customers
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NewsIncrease in customers shopping around after FCA transparency rules
1.4m more home and motor insurance customers shopped around one year on from FCA transparency rules
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NewsTwo companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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NewsInnovation stymied by capital rules, says OECD
An OECD report says that innovation in insurance could be blocked because insurtech start-ups face crippling capital rules under Solvency II
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NewsFCA to reopen investigations into inflation of motor repairs
FCA business plan vows a fresh look into problematic area
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NewsWaste company in £4.8m battle with Zurich over convicted 'machete attacking' director
Niramax Group says Zurich should pay the claim for a plant fire, regardless of shadow director’s 2010 conviction for attack involving 16-inch machete
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NewsREG speeds up GDPR agreements to help clients
REG hopes to help clients meet GDPR deadline by reducing cost and time of issuing TOBAs
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NewsBroker Network makes sixth regional addition with Surrey purchase
Broker Network adds Weald to complete its sixth “regional powerhouse” purchase
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NewsWhiplash crackdown faces tough passage
The Civil Liability Bill is at last before Parliament, but that doesn’t mean it’s a shoo-in. Insurers applaud the bill, but opposition is vocal and could gain support
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NewsFirms warned over missing government's gender pay gap deadline
Companies employing over 250 people in the UK must submit their gender pay gap figures by tonight
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NewsGDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
