Insurance Regulation

Extra Jail Time For Convicted Money Launderer

The latest case report from the FCA; A convicted money launderer has been sentenced to an additional 499 days in prison for failing to fully pay the money owed under a Confiscation Order.   In 2021, Richard Faithfull, now 36, was sentenced to 5 years and 10 months in prison for laundering £2.5 million, […]

Insurance Regulation

FERMA Sets Out Key Challenges For Risk Managers

The latest from FERMA for you; FERMA has set out its vision of a new European ecosystem where risk management is a cornerstone of sustainable success and risk managers are empowered with best practice governance […]

Insurance Brokers

Clyde and Co Teams Up With FASE

The latest partnership news from Clyde and Co; As MGAs across Europe face increasingly complex and localised regulatory requirements, global law firm Clyde & Co has partnered with FASE – the pan‑European federation representing Managing […]

Global insurance trends

Regtech Sector Deals: Cube Buys 4Crisk.ai

The latest regtech sector deal news for you; CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces the acquisition of 4CRisk.ai (4CRisk), a Silicon Valley headquartered RegTech business whose […]

Insurance Regulation

Latest Review of Pay Monthly Insurance Plans From the FCA

The latest from the FCA who are seeing lower interest deal on pay-monthly premium deals; People who pay monthly for their insurance are saving around £157m a year, with over half the firms the Financial […]

Insurance Regulation

FCA is Looking at Ways to Close Protection Gap

Here is the latest from the FCA, as take-up on Life/Illness continues to decline as the welfare state expands; The Financial Conduct Authority (FCA) has called on the insurance industry to help more consumers access […]

Insurance Regulation

Ferma Publishes Response to EU Public Procurement Directives

Some thoughts from FERMA on the EU Procurement Directives for you; FERMA has recently published its response to the European Commission’s public consultation on the revision of the EU Public Procurement Directives (PPD), calling for […]

Insurance claims

Blanket Approach to Claims Reform Won’t Work, Says APIL

Some thoughts on the reform of injury and other claims for you; Regulators must resist any impulse to completely overhaul the high-volume claims market and instead target the ‘problem players’, APIL says. The personal injury […]