Insurance Regulation

Will GDPR Fines Increase in 2020? Beazley Has Been Doing Some Research

With the introduction in May 2018 of the European Union’s (EU) General Data Protection Regulation (GDPR), 2019 was expected to be the year of enforcement, with regulators using extended powers to set a higher bar […]

Insurance Regulation

FCA Gives Moneybarn a £2.7m Slap, Vulnerable Customers Misled

Once again the FCA has taken action over the tricky question of how to deal with vulnerable customers, who are not managing their finances well. This policy has far-reaching consequences for insurers, brokers and MGAs, […]

Insurance Regulation

PPC Company Fined 70K For Misleading Adverts

The Financial Conduct Authority (FCA) has fined Professional Personal Claims Limited (PPC) £70,000 for misleading consumers through its websites and printed materials. This decision follows the transfer of regulatory responsibility for claims management companies (CMCs) […]