Insurance Regulation

Will GDPR Fines Increase in 2020? Beazley Has Been Doing Some Research

With the introduction in May 2018 of the European Union’s (EU) General Data Protection Regulation (GDPR), 2019 was expected to be the year of enforcement, with regulators using extended powers to set a higher bar […]

News

Avoid Paying the London ULEZ Charge? Yes, By Miles Has an App For That

Driving through London is confusing enough without the added stress of trying to figure out whether you’ve passed through certain areas that require you to pay special fees or charges. The new By Miles app […]

News

Japan Post Execs Resign Over Insurance Compliance Issues

The latest from Reuters; The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against […]

InsureTech

ICYMI: Axa XL and Slice Team Up on Microsoft Cyber Security Product

OK, yes, we missed this one earlier in December, so we thought let’s get it posted now as many MS users need cyber protection from those entertaining emails alerting you that your Apple ID has […]

Liability/Casualty

ECIC Calls For Increased Awareness of Safety in Construction Sector

ECIC, the specialist insurer for electrical and mechanical contractors, is urging insurers and brokers who service the UK’s construction industry to put greater focus on supporting health and safety practices amongst contractors.  The Latest Health […]

Fraud

Are They Prosecuting Business Owners Who Dodge the Peoples Pension? Yes

This news is from the Pensions Regulator office; a government agency overseeing the Peoples Pension scheme. It’s been a long, somewhat patchy, roll-out, with lower paid and part-timers initially exempt from the scheme, but those […]

Insurance & Reinsurance

Mutual Insurance CEO Paid Wife £52K for Admin Work, FCA Takes Action

Latest news direct from the FCA; The Financial Conduct Authority (‘FCA’) and the Prudential Regulation Authority (‘PRA’) have decided to ban and fine Stuart Malcolm Forsyth, the former CEO of a small mutual insurer, £78,318 […]

Insurance Regulation

Forrester Predicts Uncertainty as Brexit Shambles Continues

Here are some extracts from the Forrester report on EU economy developments in 2020, including the tricky matters of regulatory issues, data protection rules and Brexit. Enjoy all you Compliance officers! If Europe in 2019 […]