Insurance Regulation

FCA Announces Ban For LCF Director

Latest case judgment from the FCA; The Financial Conduct Authority (FCA) has fined a former director of London Capital & Finance plc (LCF) £31,800 and banned him from working in financial services. Floris Jakobus Huisamen […]

News

Allianz Fraud Attempt Data is Well Worth Reading

The latest from Allianz Commercial, where data analytics is helping in the battle against attemtpted insurance fraud; Reporting on its 2023 fraud results, Allianz Commercial detected £77.4m worth of claims fraud in 2023 – up […]

Global insurance trends

Allianz Commercial Report Looks Ahead to 2024

Latest report from Allianz Commercial looks ahead to various challenges next year. There are US banking systems worries, inflation and more. Here are a couple of extracts, plus a link to the full report FYI; […]

News

Three Non-Exec Directors Join Markerstudy

Latest Board appointments from Markerstudy; Markerstudy announce the appointment of John Castagno, Ellie Barlow and Steve Maddock as Non-Executive Directors (NED). They are joining at a pivotal and exciting time in the group’s growth which […]

Insurance Brokers

New D&O Insurance Product is Launched

It’s a volatile time for the global economy, with armed conflict, ransomware and supply chain issues affecting many companies. Insolvency is always a potential threat, even when recent profits have just been posted. That means […]

Insurance Brokers

Large Fines For CFP Directors Over Pension Transfer Advice

Latest case report from the FCA; The Financial Conduct Authority (FCA) has decided to fine Toni Fox £681,536 and David Price £632,594 for their roles in operating a flawed pension advice process. This risked people receiving unsuitable advice […]

Legal

Former Regal Pawnbrokers & Collateral Directors Jailed

Latest update from the FCA; On 14 July 2023, Peter Currie and Andrew Currie were sentenced to 5.5 years’ and 2.5 years’ imprisonment for fraud and money laundering following prosecution by the Financial Conduct Authority (FCA). Before its collapse into administration in February 2018, Collateral […]