Regulation – Page 2
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NewsFCA business plan focuses in on Consumer Duty implementation
’We remain resolute in supporting the vital role the financial sector plays in the UK’s long-term economic growth,’ says regulator’s chief executive
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsFacility to improve insurance availability for buildings with fire risk gets key capacity
’This unique facility aims to present a competitive market solution that will address this important issue,’ says chief executive
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NewsBackchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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News AnalysisOpinion: Has EU left UK behind on AI regulation?
Editor Katie Scott compares strides made by the European Union and UK when it comes to regulation around the use of artificial intelligence – has Brexit held the UK back?
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NewsInsurtech UK calls for more clarity on new advisory panel for R&D
’It’s essential that companies with genuine claims can have effective access to this vital support in building their businesses,’ says chief executive
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News AnalysisFCA battling ‘snitches get stitches’ mindset when it comes to non-financial misconduct
’We can sit here and say ‘oh, it is a terrible culture,’ but what are we going to do about it?’ asks member of parliament
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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NewsGovernment u-turn on angel investing rules will ‘help increase diversity’ of insurtech founders
Chief executive says it is ’heartening to see the government acknowledging the pivotal role angel investors play’
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News AnalysisBriefing: Are regulations on affordability pulling in opposite directions?
The associated costs of new regulation mean that insurance providers may soon have to consider whether affordability is affordable
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NewsSpring Budget ‘missed opportunity’ by not including action on IPT – Trudgill
’Biba will continue to champion wider issues on behalf of our members as we move further into this election this year,’ says chief executive
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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NewsRemaining Gap providers told to pause sales of product by FCA
’We are working closely with Gap insurers to resolve issues as quickly as possible,’ says spokesperson
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NewsCatch up on last week’s ABI Conference 2024
Insurance Times rounds up the biggest stories from last week’s insurer conference
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IT InterviewClarissa Franks: ‘Growth is the mission’ for Lockton UK
The independent broker is focused on strong organic growth and gathering ‘superstar’ talent, says head of UK retail
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News AnalysisBriefing: Tempting the broker leaders of tomorrow
Setting up shop as a broker has its challenges – however, fortune favours the bold and there are plenty of reasons why tomorrow’s leaders should consider our sector
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News AnalysisTechTalk: AI code of conduct is a start – but ‘comprehensive governance structure’ still needed
’While it’s possible to set general principles, how do you translate that into something that’s going to work for every company or use case?’ says head of analytics
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NewsFCA to be quicker and more transparent on enforcement cases
’We will amplify the deterrent impact of our work,’ says executive director
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NewsLabour Party committed to ‘streamlining the regulatory burden’ for insurance sector
The UK insurance industry ‘can have an even brighter future’ with the correct support, says shadow economic secretary to the treasury
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NewsFinancial reforms ‘only effective’ if taken advantage of by insurance sector – Secretary to the Treasury
Insurance ’is one of the industries that can make the biggest difference in terms of investment to grow our economy,’ says City minister
