UK Insurance Trends

Trustpilot Steps Up Action Against Businesses Paying For Reviews

News from Trustpilot on businesses who solicit fake reviews.  Leading reviews platform Trustpilot today announces plans to step up enforcement against businesses who repeatedly break the rules by soliciting fake and misleading online reviews. The […]

News

Waste Firm Directors Sentenced After Fly Tipping Offences

The directors of a waste firm in the NE of England have been sentenced after several cases of fly tipping. The court result follows a joint investigation between the Environment Agency and Newcastle City Council […]

Global insurance trends

Most Companies Are Now on Board The Sustainability Train

A new study has revealed that four-in-five companies assessed now include a commitment in their sustainability reports to the Sustainable Development Goals (SDGs), yet fewer than half set measurable targets for how their actions contribute […]

News

IMS Files Lawsuit Against HUK-COBURG Group

The globally-leading telematics solutions provider IMS (Insurance and Mobility Solutions), through its IP-holding subsidiary Appy Risk Technologies Ltd, United Kingdom, has recently filed a lawsuit against several companies of the HUK-COBURG Group (Germany’s largest motor […]

News

AXA Financials; Revenue Up 7%, End is Nigh For Oil & Gas Cover

The latest results aren’t as spectacular as MAPFRE maybe, but still a very positive performance; “AXA continued to deliver an excellent performance in the first nine months of 2021”, said Alban de Mailly Nesle, Chief […]

Insurance Regulation

FCA Hits Credit Suisse With Humungous £147m Fine

The Financial Conduct Authority has fined Credit Suisse over £147 million for serious financial crime due diligence failings related to loans worth over US$1.3 billion, which the bank arranged for the Republic of Mozambique. These […]

Fraud

FCA Bans Omar Hussein From Financial Services

The FCA has prohibited Omar Hussein, former director and senior financial adviser at pension switching firm Consumer Wealth Ltd (CWL), from working in financial services. Mr Hussein has also been fined £116,000 for providing reckless […]

News

Police Warning Operation Sees Uninsured Drivers Buy Cover

Op Tutelage – a national policing initiative where police forces issue advisory letters to drivers that appear to have no motor insurance – has encouraged over 150,000 motorists to drive insured. The initiative which is […]