News

Hiscox Official Response to FCA Judgement, Plus Extra Comment

The word from Hiscox after last Friday’s judgement; UPDATED: Extra comment by Seth Rachlin, Global Insurance Industry Leader, at Capgemini, has just been added below the Hiscox info. UPDATED 19.01.2021 – Extra comment from Flaxmans […]

Insurance Regulation

ABI Reaction to BI Judgement by UK Supreme Court

The UK Supreme Court has today delivered its verdict on the appeals heard in the business interruption insurance test case. The appeals were brought by the FCA, Hiscox Action Group and six of the eight […]

News

Business Interruption: Ecclesiastical Update for Customers

The latest from Ecclesiastical after the FCA’s update on the Business Interruption cases; An Ecclesiastical Insurance Spokesperson said: “Due to the fact that the Financial Conduct Authority has confirmed it is not appealing the High […]

motorcycle insurance

CMA Review Finds Ardonagh-Bennetts Merger May Increase Premiums

The CMA has found that Ardonagh’s completed purchase of Bennetts could lead to higher prices, less choice and worse services for motorcyclists in the UK. Ardonagh Group Limited (Ardonagh), which operates the Carole Nash and […]

News

RAC Reaction to Government U-Turn on Smart Motorways

Suddenly, the penny seems to have dropped within the government regarding the obvious safety risks inherent in all-lane running motorways. After a damming MPs committee report, legal action being started against Highways England agency and […]

Insurance & Reinsurance

Mutual Insurance CEO Paid Wife £52K for Admin Work, FCA Takes Action

Latest news direct from the FCA; The Financial Conduct Authority (‘FCA’) and the Prudential Regulation Authority (‘PRA’) have decided to ban and fine Stuart Malcolm Forsyth, the former CEO of a small mutual insurer, £78,318 […]