Insurance Regulation

Sequel Business & ACORD Team Up On Data Standards

Sequel Business Solutions (Sequel) and ACORD today announced a joint initiative to create expanded data standards to benefit the London Market and the global insurance ecosystem. These standards, which will enable a variety of business activities including placing, […]

News

InsTech London Looking Ahead at ESG Regulation

Insurers face losses from increasingly severe natural and man-made perils. Climate change, growing populations, and increasing reliance on globally-integrated business is leading to more vulnerable societies. ESG (Environmental, Social, Governance) regulation is looming, which means […]

Insurance Regulation

Survey Discovers Most Companies Are GDPR Compliant

A new study reveals how many businesses in the UK have been caught breaching GDPR regulations whilst working from home. Data obtained through a Freedom of Information (FOI) request by confidential shredding and records management […]

Life/Health/Critical illness

FCA Launches Consultation on Funeral Plans Regulation

The FCA has launched a consultation on how it plans to regulate the pre-paid funeral plans sector. In January, the Treasury made legislation bringing the sale and administration of funeral plans within the FCA’s remit, following […]

Insurance Regulation

FCA Guidance on Treating Vulnerable Customers Fairly

The Financial Conduct Authority (FCA) has today published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers. The guidance aims to drive improvements in the way firms treat vulnerable consumers […]

Insurance Regulation

FCA Proposal to Cap Claims Management Company Fees

The Financial Conduct Authority (FCA) has today published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. Some consumers currently pay […]

News

Motor Traders Very Keen On Brexit Deal

The Society of Motor Manufacturers and Traders (SMMT) is calling for the immediate ratification by UK Parliament of the draft UK-EU Trade and Cooperation agreement (TCA), to ensure all automotive companies benefit from continued tariff-free […]

Big Data

More Data Is Good, But Making Sense Of It Is Even Better

 State Street Corporation has released new research that revealed the vast majority (91 percent) of insurance professionals believe they are facing increased complexity in their organisation’s use of data to improve their operating models and infrastructure. […]