Insurance Regulation

FCA is Looking at How Banks Handle Bereavement

It could insurers next as regards bereavement and Power of Attorney cases, but for now it’s banks and building societies, who have exhibited some “computer says no” behaviour in the past when relatives try to […]

Insurance Regulation

Supreme Court Verdict on Motor Finance; Comment From Kova

Some comment and analysis from Kova for you; Kate Albert, CEO of PI specialist insurer, Kova Professions, has issued the following comment on the current Supreme Court case on motor finance.  “The Supreme Court is […]

Opinion

Three Years On, What Are The Unintended Consequences of GIPP?

Three years after the FCA attempted to level the playing field between new quotes and renewals, Sarah Vaughan, Director, of Angelica Solutions, looks at the unintended consequences; Three years on from the introduction of the […]

Insurance Regulation

LMA, IUA and LIIBA Are All Working Together on Non-Financial Misconduct

It’s a joint approach by three of the industry’s big associations on the new guidance from the FCA on non-financial misconduct; Following the publication of the Financial Conduct Authority (FCA)’s 2024 report on non-financial misconduct […]

Insurance Regulation

Thoughts on The FCA Motor Finance Redress Scheme

Samuel Riordan, Executive Director of banking & payments at consultancy Capco, comments on the FCA’s intentions to launch a Motor Finance redress scheme; “It is odds on that the FCA will shortly launch a consultation […]

Insurance Regulation

FCA Vulnerable Customers Review: Comment & Analysis

Some comments on the recent Financial Conduct Authority (FCA) review of firms’ treatment of customers in vulnerable circumstances. It shows that just 4 in 10 customers experiencing vulnerabilities say they have disclosed their needs to their financial […]

Insurance Regulation

Comments From Comentis on Latest FCA Guidelines on Vulnerable Customers

Some reaction to the latest update from the FCA on customers identifying themselves as being vulnerable, from Jonathan Barrett, CEO of Duty of Care Assessment firm, Comentis, who comments: “We are disappointed to see that […]