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Insurance Regulation

Insurance Regulation

FCA Sorts Out £47 Million In Refunds to Borrowers

26 May 2023 alastair walker 0

The FCA has worked with almost 100 lenders on how they treat borrowers in financial difficulty and has sought significant improvements from many of them. Issues identified included not adequately tailoring support to individual circumstances, […]

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Insurance Regulation

ChatGPT: What Are The Risks For Insurers?

24 May 2023 alastair walker 0

Legal and compliance leaders should address their organization’s exposure to six specific ChatGPT risks, and what guardrails to establish to ensure responsible enterprise use of generative AI tools, according to Gartner, Inc. “The output generated […]

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Insurance Regulation

FCA Reports on 750K Collateral Fraud

23 May 2023 alastair walker 0

The latest case report from the FCA; In a prosecution brought by the Financial Conduct Authority, Peter Currie (59) was convicted by unanimous verdicts of two counts of fraud and one of money laundering and […]

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Insurance Regulation

FCA Censures Lighthouse Advisory Services

15 May 2023 alastair walker 0

The Financial Conduct Authority (FCA) has censured Lighthouse Advisory Services Limited (Lighthouse) for the unsuitable advice given during the period 1 April 2015 to 30 April 2019 to people looking to transfer out of defined […]

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Insurance Regulation

Financial Results Analyser Tool From WTW

15 May 2023 alastair walker 0

Out of the box solutions make insurance that bit easier, so this news from Willis Towers is worth checking out; WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the release of its new […]

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Insurance Regulation

Renew Europe Comments on EU Regs on AI Usage

11 May 2023 alastair walker 0

Can you really agree a common definition of AI and regulate its use across Europe? The EU certainly thinks so, as the Renew Europe Group announces a key agreement. Others in software might argue that […]

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Insurance Regulation

New Partnership Will Streamline Loans/Finance Sign Ups

10 May 2023 alastair walker 0

If your insurance brand or brokerage needs to offer credit, then this is useful news; Mia-Platform, an end-to-end platform builder that empowers businesses to smoothly create cloud-native applications, has extended its partnership with London-based RegTech […]

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Insurance Regulation

If You Need Net Zero Predictions FM Global Can Help

10 May 2023 alastair walker 0

The Net Zero narrative shows no signs of going away which means every insurance brand needs to tick more boxes on ESG, climate change action, carbon offsetting, tracking supplier C02 emissions and so on. What […]

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