Insurance Regulation

Credit Union Directors Charged With False Accounting

The latest enforcement action news from the FCA; The Financial Conduct Authority (FCA) has started criminal proceedings against 4 individuals for conspiracy to commit false accounting, with 3 of them facing further charges for fraud.  Terry […]

Global insurance trends

Third Resilience Credit Issued By FM

Commercial property insurer FM has announced its third resilience credit, bringing the total allocation to more than US$1 billion since the program’s inception in 2022. Here are the details for you; The recent catastrophic hurricane events […]

Insurance claims

Average Credit Hire Bill is £5249 – How Can We Fix This?

One way that the insurance industry could offer cheaper car insurance is by offering a no frills type of policy, basicall TPF&T with few bells and whistles. Higher excess than usual, say £1000, no breakdown […]

News

More Consumers Using Credit to Pay Insurance Premiums

This research from Premium Credit shows how stretched some UK household budgets are, with consumers using credit to pay essential bills like insurance. Here’s the word; Nearly three out of four personal lines insurance customers […]

Conference report

Fast Approaching: Trade Finance Investor Day 2024

Some details on an upcoming event, the Trade Finance Investor Day on 12th November; The Trade Finance Distribution Initiative (TFD Initiative) is pleased to welcome Allianz Trade as a Gold Sponsor for the 2024 Trade […]

InsureTech

FullCircl Teams Up With Howden on Compliance Checks

The latest partnership deal from FullCircl, who continue to expand their reach on company credit, compliance and risk checks;  FullCircl, a software provider that helps insurance brokers accelerate growth and seamlessly integrates compliance into the […]

Legal

Keoghs Wins Credit Hire Fees Case, Could be A Precedent For Insurers

The word from Keoghs, who have secured a significant judgment against a credit hire organisation (CHO) on the issue of non-party costs orders; The result of the group action, which was brought by Keoghs on […]