The Financial Conduct Authority (FCA) has today announced plans to ban the way in which some car retailers, and other brokers in the motor finance sector, receive commission. Currently, some motor finance brokers receive commission […]
The Association of Consumer Support Organisations (ACSO), the trade body which represents the interests of consumers in the civil justice system and the organisations who support those consumers, has appointed two heavy hitters from the […]
The Financial Conduct Authority (FCA) has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on […]
tifgroup, Britain’s leading travel insurance company, has welcomed the European Commission’s (EC) decision to not investigate complaints put forward by the Spanish Private Healthcare Alliance (ASPE). The EC said there were no grounds for further […]
Lloyd’s has launched a new software tool to improve the quality of insurance contract review across the world. The tool, Contract Confidence, uses advanced search techniques to scan contracts and check for errors and discrepancies. […]
The ABI is pleased to announce that Wellington Management has become its latest associate member. Wellington Management serves as an adviser to clients in over 60 countries and is one of the world’s largest independent […]
Innovations including the introduction of 30-day rollover and the introduction of the ‘hybrid’ – a combined licensed insurance company and a regulated investment fund – have kept Guernsey high profile in the insurance-linked securities sector […]
A key milestone has been reached in developing an industry-wide counter fraud intelligence sharing platform today, as 11 market-leading insurers gained access to the Insurance Fraud Intelligence Hub (IFiHUB). IFiHUB, which is powered by SAS, […]
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