The Financial Conduct Authority (FCA) has prohibited former Martins Brokers (UK) Ltd (‘Martins’) broker Terry Farr from performing any function in relation to any regulated financial activity, on the basis that he acted dishonestly and […]
Insurance is a product that is often sold on commission, or has two or three companies involved in underwriting risk, managing a broker network or working with comparison websites. The FCA want to make sure […]
The British Insurance Brokers’ Association (BIBA) is warning members to prepare for an additional Financial Services Compensation Scheme (FSCS) levy bill which is due to arrive in early February. This supplementary levy is in addition […]
The Financial Conduct Authority (FCA) today reminds insurance firms that are required to submit a conversion notification form to convert relevant individuals from the Approved Persons Regime to a Senior Management Function, that they have […]
SSP has partnered with Northdoor to integrate the IT security specialist’s Sanctions Checker solution into its software. This will be Northdoor’s first software house integration. The partnership will make it simpler and quicker for SSP’s […]
The GDPR deadline in May is fast approaching and every insurer who needs to routinely share customer data needs to make sure they are compliant. The financial penalties are severe, so it is worth looking […]
These are exciting times for the insurance sector, both in the UK and across the world. The development of AI, big data projects and blockchain finance are fundamentally changing the way new ideas, services and […]
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