ABI reaction to new Ogden rate
Insurance Regulation

Regulatory: ACSO Urges Govt to Step Up Pace on Small/PI Claims Portal

ACSO, the newly formed trade association for the claims sector, has urged MPs on the powerful House of Commons Justice Select Committee to lobby the Ministry of Justice (MoJ) to ‘open up’ and give more […]

Insurance Regulation

Regulatory: FCA Begins Review of Financial Products Distribution

The Financial Conduct Authority (FCA) has launched a Call for Input asking for feedback on its proposed approach to reviewing the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR). The FCA’s review […]

Opinion

Opinion: Lloyd’s Modernisation Process Needs to Address Three Key Issues

Tomorrow morning, Wednesday 1 May, John Neal, Chief Executive of Lloyd’s of London will outline plans to digitise and modernise processes. Ahead of the reveal Tony Tarquini, Director of Insurance, EMEA at Pegasystems, reveals three things […]

Insurance Regulation

ABI Proposes Reforms To Salvage System to Prevent Write-Off Fraud & Theft

Six loopholes in the salvage system which need to be addressed are being set out by the ABI’s Director of General Insurance Policy, James Dalton, at a speech to the salvage trade body today. The […]

Insurance Regulation

Brexit: If We Leave, Will UK Drivers Get Their Insurance Green Cards in Time?

OK, let’s all take a deep breath and consider the mad possibility that the UK might actually leave the EU. It’s highly unlikely, as MPs, Brussels politicians and the mainstream media are all working 24/7 […]

Legal

Guernsey Regulator Update: ILS Cells & Rollover Rules Change

Guernsey has agreed to allow insurance-linked securities cells to benefit from rollover provisions, in a move which has been welcomed by the island’s thriving ILS sector. The regulator, the Guernsey Financial Services Commission (GFSC), has […]