Insurance Regulation

FCA Simplifies Rules, But Will it Lower Costs For Insurers?

Here’s the latest from the FCA, plus some industry comments; The Financial Conduct Authority (FCA) has confirmed changes to simplify its rules and lower costs for insurers, while maintaining appropriate levels of protection for smaller […]

Insurance Regulation

Comments On FCA Transaction Reporting Proposals

Here’s the word from the FCA first; Over £100 million in savings have been set out by the Financial Conduct Authority (FCA), as the regulator proposes to streamline transaction reporting requirements.  The FCA receives over 7 billion MiFID transaction reports a year […]

Global insurance trends

Insurers in California Must Cough Up More For Climate Change

The latest news from California, where the regulator is seeking to demand for admin, regulation, solvency cash set aside, plus more reports on climate related issues from the sector. Sustainable goals and resilience are great […]

Insurance Regulation

New Partnership Aims to Minimise Regulatory Risks For Business

The word from PFP and rradar, who want to help businesses deal with the challenges of regulatory issues, taxation, legal cases etc; A groundbreaking new partnership has been launched between Professional Fee Protection (PFP), a […]

Insurance Brokers

New CII Report Looks at Consumer Duty Reporting

The latest update from the CII for you; A new report from the Chartered Insurance Institute (CII) highlights the key challenges faced by firms when producing Consumer Duty Board reports. ‘Knowing what data to include’, […]

Opinion

Reinsurance Faces Unprecedented Pressure as Non-Innovators Risk Being Left Behind

This piece is by Lara Kottsieper, Principal at Elixirr The reinsurance sector is navigating a period of significant change, with industry sentiment shifting towards cautious optimism. While the risk landscape continues to evolve, marked by […]

Insurance Regulation

BPO Accreditation Service Launched

The world’s first dedicated independent accreditation has been launched for the Business Process Outsourcing (BPO) sector which will bring more transparency and support for organisations searching for a BPO partner. Here are the details; Developed […]

Insurance claims

Silverlake Automotive Commits to ISO Standards

The latest from Silverlake Recycling for you; Silverlake Automotive Recycling has announced the renewal of its ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 27001 (Information Security Management) certifications, and is proud to add […]