News

FCA Issues Confiscation Order Against Richard Faithfull

Latest update from the FCA; On Friday 28 July 2023, Southwark Crown Court imposed a Confiscation Order of £562,636 against Richard Faithfull following his conviction in September 2021. Mr Faithfull was part of a trans-national organised crime group which laundered the […]

Global insurance trends

GlobalData Report Looks at Taiwan Life Market

Latest from GlobalData; After witnessing a continuous decline since 2019, Taiwan’s life insurance market is set to make a turnaround from 2024, driven by an improvement in the global macro-economic situation, an increase in interest […]

Insurance claims

ACSO Says CMCs are Quitting The PI Claims Sector

New figures from the Financial Conduct Authority (FCA), seen by the Association of Consumer Support Organisations (ACSO), show that the total number of authorised claims management companies (CMCs) has fallen by around 80 per cent […]

Insurance Brokers

Pen Underwriting Announces Structural Changes

Pen Underwriting has  announced some changes to its divisional structure to bring together core underwriting capabilities and expertise, for the benefit of its brokers, while orientating to execute its strategy of growth and diversification. As […]

Insurance Brokers

Gauntlet Offers New Route to Starting Your Own Brokerage

There are many ways to get into the insurance industry but one which gives you an amount of freedom, choosing a particular niche of expertise and doing much of your business online, is broking. But […]

InsureTech

The Floow Wins DIAmond Award

Connected insurance technology provider The Floow, an Otonomo Technologies Ltd. (Nasdaq: OTMO) company, has announced it has earned a DIAmond Award as one of the “most strategically impactful” insurtechs at this year’s ITC DIA Europe Conference, in […]

Opinion

APIs: Solving The Insurance Puzzle

Integrating APIs and adopting a modular approach to upgrading legacy platforms can evolve the way a company innovates internally and externally, writes Charlotte Koep, Root Platform COO It’s well known that many insurers and reinsurers […]