The latest action by the FCA against Barclays; The Financial Conduct Authority (FCA) has fined Barclays £40 million in total for its failure to disclose certain arrangements with Qatari entities in 2008. This follows Barclays’ […]
The latest from Mosaic Insurance who have recently launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk. The new product offers […]
The latest from the FCA as they take action against one of the big corporate auditors in the UK; The Financial Conduct Authority (FCA) has fined PwC for failing to report to the regulator their […]
Huge fine for HSBC, maybe some lessons here for insurance brands chasing payments in car insurance installment plans, or charging over £50 for MTAs; The Financial Conduct Authority (FCA) has fined HSBC UK Bank plc, […]
The UK Competition and Markets Authority has fined Copart UK, after it identified breaches in the mergers process during the Copart UK acquisition of Hills. Here’s an extract from the CMA update below, which is […]
Gallagher today announced it has acquired Switzerland-based fine art insurance broker, accurART. Terms of the transaction were not disclosed. accurART, a market-leader in Switzerland, specialises in insurance for private art collections, museums, galleries and for fine […]
Here is some useful advice for owners of wood burning stoves, courtesy of NFU Mutual. It’s also worth noting the safety tips on wood burners as smoke damage can be long lasting and expensive to […]
The latest from the FCA; Sigma Broking Limited (Sigma) has been fined £531,000 for failing to make reports crucial in fighting potential market abuse and three directors have been fined amounts totalling over £200,000, two […]
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