Insurance Regulation

FCA Takes Action Against Hunter Jones

The latest update from the FCA for you; The Financial Conduct Authority (FCA) has begun High Court proceedings against Osborne Baldwin Limited, which trades as Hunter Jones and Hunter Jones Group. The FCA alleges that […]

Opinion

The AI Question Insurers Keep Getting Wrong and How to Fix It

This piece is by Andy Male, Strategy Consulting Lead for FS&I, Valtech Mobile began with an app for customers. Cloud started with infrastructure. Digital was all about the front end. In each case you could […]

Insurance Regulation

Three Senior People at Dolfin Financial UK Banned Over Investor Visas

The latest update from the FCA; The Financial Conduct Authority (FCA) has decided to ban three former senior figures at Dolfin Financial (UK) Limited (Dolfin) after finding they ran a scheme that helped clients bypass […]

Insurance Regulation

Veriscopic Looks to Improve Decision-Making Tracking & Reconstruction

It’s often the case that reconstructing a decision after a Cat event or claim can be difficult. Veriscopic are looking to enhance and improve that process; Veriscopic, a UK insurance technology company, is developing a […]

Insurance Regulation

FCA Censures Equity For Growth Ltd

The latest update from the FCA for you; The Financial Conduct Authority (FCA) has censured Equity for Growth (Securities) Limited (EFG) for approving financial promotions relating to minibonds that were unfair, unclear and misleading.  EFG approved financial promotions which failed to disclose very high commission fees charged by its appointed representatives and […]

Opinion

Why the EU Act Should Not Stop Companies from Using AI in Customer Service

This piece is by Maria Paredes Piscione, AI Solutions Consultant, Sabio Group The EU AI Act, the world’s first comprehensive, legally binding framework for artificial intelligence, is pushing companies to think more carefully about how they […]

Insurance Regulation

FCA Aims to Streamline Rule Book For Asset Managers

The latest ideas from the FCA; The Financial Conduct Authority (FCA) has proposed a package of reforms that would tailor requirements proportionately for asset managers, cut costs for firms and give better data to supervise […]

Insurance Regulation

House of Lords Committee Hears From ABI and BIBA

A quick update from the HoL committee; On Wednesday 24 June the House of Lords Financial Services Regulation Committee will hear evidence from two witnesses. At 10.00am, the committee will hear evidence from: Chris Bose, […]