Regulation – Page 98
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Insurers facing price intervention in personal lines amid huge pressure on government
Regulators and politcians claim insurance has a more serious problem than energy pricing
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ECIC urges brokers to help customers in the fallout of Carillion
ECIC says many customers are at risk of financial difficulties, or even failure, because of the Carillion collapse
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Two-thirds of employers 'not utilising benefits of group risk products for staff'
Ahead of Blue Monday, 68% of employers admit to not utilising all available benefits of group risk products for staff, according to GRiD
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FM Global "most highly regarded in property claims handling"
The commercial and industrial property insurer comes out on top of the Claims Satisfactory Survey by Advisen
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Small brokers are thriving, says Broker Network
Year-end data reveals small, independent brokers are growing by 13% despite relatively flat market pricing
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ABI reacts to PRA move on Solvency II
The PRA has proposed a number of changes to insurance reporting requirements under the Solvency II regime
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92% of global insurers yet to put their IFRS 17 solutions in place
Change programmes are expected to run between 12-30 months, and IFRS comes into effect on 1 January 2021
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Cash for crash fraudster ordered to pay £100,000 for human trafficking
Mohammed Sangak, known as ‘Mr Big’, was previously convicted for a cash for crash scheme last year but has now been ordered to pay £100,000 worth of assets for human trafficking
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Broker 50 – Squaring the pricing circle
Top brokers debate pricing with the FCA at the latest Insurance Times Broker 50 event
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900m nuisance calls made to insurance customers in 2017
900m calls and texts chasing a personal injury claim or insurance issue were made in 2017, according to Ofcom data commissioned by Aviva
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FCA appoints new chairman
Charles Randell CBE will take his new position on 1 April, replacing the outgoing John Griffith-Jones
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Insurance bracing for Brexit – Analysis
A “No-Deal” Brexit is still a strong possibility, and even if the UK succeeds in negotiating a trade deal with the EU, there is no guarantee it will preserve the passporting rights that UK insurers currently enjoy in the Single Market.
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ABI welcomes Accenture as its latest associate member
The ABI adds Accenture as its latest associate member, and have welcomed the addition
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IDD deadline push-back welcomed by the market
The delay to the Insurance Distribution Directive (IDD) deadline has been welcomed by the market
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Building regulations interim report shows “badly broken” system - ABI
Building regulations report follows Grenfell Tower tragedy, in which 71 people were killed
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FCA warns of “bogus entity” operating in the UK without authorisation
Bulwark Insurance is not authorised by the FCA and is targeting people in the UK
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GDPR leading to increased cyber insurance uptake
According to a CFC Underwriting survey of industry representatives, GDPR is driving more demand for cyber insurance
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Top law firm gives advice to brokers amid gamechanger Bluefin fine
Brokers given advice on conflicts of interest by top law firm
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FCA urged to extend wholesale probe deadline amid broker 'serious concerns'
Trade body for London and international brokers warns of the complexity of the probe and the tight timetable
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Briefing: Bluefin scandal is the tip of the iceberg - brokers should be worried
The FCA is coming for brokers with bad commission practice - Bluefin fine was just the start, says Insurance Times content director Saxon East