Insurance Regulation

Quotech Implements ISO/IEC 27001 Certification

A quick compliance update from Quotech; Quotech, the underwriter-led developer of truly useful, properly integrated technology solutions for underwriting and broking teams, has implemented the ISO/IEC 27001 certification. The certification guarantees that Quotech has implemented […]

Insurance Regulation

Insurers Are Concerned About AI Bias, But Accept It’s The Future

Every information source comes with a bias, or set of assumptions. But when it’s AI making decisions on a person’s risk as a driver, home owner, or traveller, things could get tricky. Patterns within one […]

Insurance Regulation

Smarsh Launches Noise Reduction Agent to Assist With Compliance

A recent update from Smarsh, which should help many insurance brands with the time consuming business of compliance; As compliance teams across financial services struggle to keep pace with exploding volumes of digital communications and […]

Insurance Regulation

FCA Fines John Wood Group £12m For Accounts Failings

The latest from the FCA who have hit John Wood Group with a £12million fine, for doing pretty much the same as every major Council and about 10-15% of Registered Charites in Britain; provide inaccurate […]

Insurance Regulation

Motor Finance Compensation: FCA Announces Implementation Scheme

If you’re waiting for a payout on motor finance then it might come before the end of the year. Here’s the word from the FCA; We are considering over 1,000 responses to our proposals for […]

Insurance Regulation

Yes, The FCA Are Dipping a Toe into Stablecoin

Some might say it’s overdue, but the FCA are going to test out regulating Stablecoins, that new fangled imaginary currency thing. Just like paper notes, or numbers on a banking app screen, the money doesn’t […]

Insurance Regulation

FCA Credit File Data Reforms Could Be Useful For Insurers

The FCA rcently laid out new proposals to give lenders access to more comprehensive information to support lending decisions by closing gaps in borrowers’ credit files and ensuring these more accurately reflect people’s financial circumstances. […]

Insurance Regulation

Lumera Offers Views on Trustees and Governance Issues

The DWP is asking for views on Trustees and Governance when it comes to pension schemes, here are some thoughts from Lumera; Lumera, a leading insurtech company dedicated to the digital transformation of the European Life […]