Insurance Regulation

EU Finally Sees Sense on Motorsport Insurance Rules

The EU Commission recently announced they would exclude all vehicles intended exclusively for motorsport from new Motor Insurance rules, known by some as the VNUK law. For seven years a European Court of Justice ruling […]

Insurance claims

Random Claims Calls Have Consequences

The latest from the FCA, who has fined claims management company, Crosfill & Archer Claims Limited, Ā£110,000. This fine was for making unsolicited telemarketing calls to people who registered not to receive this type of […]

News

More Reaction to FCA Ruling on Price Walking

We had some more comments in, so here’s a round-up; Tony Tarquini, director of insurance, EMEA at PegasystemsĀ comments: ā€œBanning the raising of prices for renewing policyholders could provide significant opportunity for new entrants in the […]

Opinion

The Future of Comparison Sites? A Strong Media Footprint

WhenĀ magazine publisher Future plc bought theĀ GoCo Group, owner ofĀ priceĀ comparison siteĀ GoCompareĀ in a takeover worth Ā£594m, the investing world was divided on the merits of such a move. Stubben Edge CEO Chris KenningĀ gives his take on theĀ deal […]

Conference report

BIBA 2021: Key Points of Vnuk Ruling on Motor Cover

One of the interest BIBA Fringe sessions for motor insurers was the Weightmans Law presentation on the Vnuk case and its long term implactions. Paul Ryman-Tubbs presented a brief history of Vnuk, Brexit and the […]

Insurance Regulation

FCA Update on Alsford Page & Gems Case

The latest from the FCA; Alsford Page & Gems Limited censured and agrees to pay extended warranty insurance customers Ā£399,902 The Financial Conduct Authority (FCA) has publicly censured Alsford Page & Gems Limited (APG) and […]

Insurance Regulation

FCA Update: Public Censure For Premier FX

The FCA hasĀ publicly censuredĀ Premier FX Limited (Premier FX) for failing to safeguard its customers’ money and for misuse of its payment accounts under the Payments Services Regulations. In doing so, Premier FX seriously misled its […]