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Huge £3.8m Confiscation Order Against Rogue Day Trader

22 January 2021 alastair walker 0

In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court, Her Honour Judge Korner, CMG, QC made a consent confiscation order totalling £3,893,964.82 to be paid by Walid Choucair. […]

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Lloyd's/London Market

London Market: LIIBA is Thinking Global After Brexit

21 January 2021 alastair walker 0

Helping its members deal with the Covid-19 pandemic and supporting post-Brexit trading will continue to be priorities for the London and International Insurance Brokers’ Association (LIIBA), the trade body said today. Speaking as LIIBA published […]

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Insurance Regulation

FCA Proposal to Cap Claims Management Company Fees

21 January 2021 alastair walker 0

The Financial Conduct Authority (FCA) has today published proposals to introduce a price cap on the fees claims management companies (CMCs) charge their customers in relation to claims for financial products and services. Some consumers currently pay […]

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Legal

Some Legal Eagle Thoughts On BI Claims/FCA Judgement

19 January 2021 alastair walker 0

Some independent legal commentary by Stephen Netherway, Partner, at Devonshires, following the FCA court case judgement last week; · With court overruling the Orient Express – what areas of liability could this affect? Where could […]

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News

Hiscox Official Response to FCA Judgement, Plus Extra Comment

18 January 2021 alastair walker 0

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 […]

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Insurance Regulation

To Crypto, Or Not To Crypto, That Is The Question

11 January 2021 alastair walker 0

IE Note; It’s human nature to want a slice of the action when you see others strike it lucky using something like crypto-currency. There’s no hard work or skill involved, nobody really understands how it […]

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Insurance Brokers

Broker: FCA Survey On Covid-19 Impact Finds Mixed Results

7 January 2021 alastair walker 0

The Financial Conduct Authority (FCA) has today published the results of its coronavirus (Covid-19) financial resilience surveys. The surveys were sent to solo-regulated firms to inform the FCA of the impact of coronavirus on firms’ […]

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InsureTech

ThingCo Deal Shows The Road Ahead For Car Insurance

6 January 2021 alastair walker 0

Car insurance isn’t always about the cheapest price, and in 2021 as the FCA begins to work out ways of ensuring consumer loyalty is rewarded with cheaper premiums at renewal time, many drivers will look […]

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