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Insurance Regulation

Insurance Regulation

FCA Update on Alsford Page & Gems Case

20 April 2021 alastair walker 0

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

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Insurance Regulation

Sequel Business & ACORD Team Up On Data Standards

16 April 2021 alastair walker 0

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, […]

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Insurance Regulation

PRA Publishes Update on Financial Resilience

29 March 2021 alastair walker 0

The Prudential Regulation Authority has published an update on rules for financial resilience and solvency, which will come into effect next year. In summary; Overview This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback […]

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Insurance Regulation

Price Walking: FCA Grants More Time on Renewals Changes

23 March 2021 alastair walker 0

The latest from the FCA for you; In our consultation on general insurance pricing practices, CP20/19, we proposed that firms would have 4 months to implement any rules that we might make. Following feedback, we […]

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Insurance Regulation

Your Company’s Social Score Will Soon Be a Credit Score

23 March 2021 alastair walker 0

Sustainability is one of the big buzzwords right now and what it means for insurers and brokers is that ticking the right climate change boxes is going to become part of your everyday business life. […]

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Insurance Regulation

Is Tony Montana Handling Cash Payments At NatWest?

16 March 2021 alastair walker 0

The Financial Conduct Authority (FCA) has today announced that it has commenced criminal proceedings against National Westminster Bank Plc (NatWest) in respect of offences under the Money Laundering Regulations 2007 (MLR 2007).  The FCA alleges that […]

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Insurance Regulation

Advisory Group Wants Sustainability Baked Into Corporate Governance

10 March 2021 alastair walker 0

The EU is very keen on climate change policies because they offer huge opportunities to apply extra taxes on people, goods and services. Now it looks like there are moves to make companies report on […]

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Insurance Regulation

ABI Makes Key Appointment On The Climate Front

5 March 2021 alastair walker 0

Climate change is all the rage in Western economies right now, with governments at national, regional and probably parish council level, all pumping cash into new projects. It makes sense for insurers and brokers to […]

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