News

Compre Completes on MIC Deal

Quick update from Compre; Compre, the Bermuda headquartered international legacy group, today announces the completion of its acquisition of the Irish subsidiary of Covéa, Medical Insurance Company DAC (MIC), which provided insurance policies covering professional […]

Insurance Regulation

London Market: ACORD CRP Toolkit Now Online

ACORD, the standards-setting body for the global insurance industry, today announced the publication of the ACORD GRLC Contract, Risk, and Pre-Accounting (CRP) Implementation Toolkit, a new data messaging standard to facilitate the efficient exchange of insurance […]

Opinion

FCA Consumer Duty: Big Challenges Ahead For The Industry

Amanda Fox, Chief Customer Officer (CCO) at Markerstudy Group, shares her experiences and lessons learned from adapting customer-facing processes to address the challenges of the rising cost of living and new regulatory changes. In the […]

News

FCA Update: Direct Line Sets Aside £30m For Compensation

Update from the FCA after complaints that Direct Line are overcharging on renewals. Most mainstream media is reporting that some £30m has been set aside by Direct Line to pay compensation to policyholders on Home […]

Insurance Brokers

Large Fines For CFP Directors Over Pension Transfer Advice

Latest case report from the FCA; The Financial Conduct Authority (FCA) has decided to fine Toni Fox £681,536 and David Price £632,594 for their roles in operating a flawed pension advice process. This risked people receiving unsuitable advice […]