FCA issues warning to insurance firms over hybrid working risks
The regulator will be evaluating firms on a case by case basis
Brighton Pier Group receives £5m following Covid-linked business interruption claim
The claim relates to losses incurred to the end of June 2021
Clarity over ‘excessive’ administration fees vital as FCA tightens rules
Following the FCA warning that firms are struggling to meet its deadline for the implementation of new fair value rules, the debate over broker administration fees and potential double charging has intensified
Government explores underwriting home insurance for flammable cladding risk
Home insurance premiums have soared from £8m to £29m in a year, according to the Association of Residential Managing Agents
Industry collaboration is the only way to defeat fraud challenges – Carpenters Group
Faye Fishlock, head of defendant services at Carpenters Group, looks at the insurance fraud issues the industry is facing following feedback from the latest Fraud Charter roundtable
Insurers face climate challenges from all sides amid fossil fuel dilemma
As COP26 approaches, insurers’ work to address climate change faces scrutiny while campaigners bid for insurance support to be withdrawn from fossil fuel commercial policyholders
Insurtech UK inks deal with Gibraltar Finance to strengthen members’ regulatory access
In the UK, there has been a trend for insurtechs applying to Gibraltar for broking licences
Micromobility and e-scooters fall outside new claims portal criteria
Two law firms relay their concerns about micromobility and e-scooters as the new Highway Code is set to be unleashed
Fraud Charter: Interim remediation is ‘vital’ while Online Safety Bill progresses
Carpenters Group moves to exert pressure and open debate between the UK government and the insurance industry around ad spoofing
Briefing: Size is important when it comes to being resilient to the FCA’s GI pricing reform
Webinar panellists emphasise that firms cannot assume how their customers will behave post-reform, with switching still rife even if consumers are offered lower prices
Briefing: FCA value and pricing reform throws up big questions – but there is help
The FCA pricing reform deadline is fast approaching this Friday, but there is help in answering the key questions
KPMG warns of ‘uneven playing field’ ahead of regulator’s product governance rules
The FCA’s product governance rules come into force on 1 October and some insurance firms are not ready