Ouch, take that £90m penalty, worse than a Harry Kane double-tap – the latest from the FCA; The Financial Conduct Authority (FCA) has today fined LBGI (Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, […]
As expected, the FCA is implementing a package of remedies to improve competition and protect home and motor insurance customers from loyalty penalties – so called `price walking.’ This includes new rules so that renewal […]
In a significant new development for the motor insurance market, LexisNexis® Risk Solutions in collaboration with Cazana, the vehicle data expert, is bringing near real-time vehicle data such as valuation and insights related to MOT […]
Data is in the driving seat now Britain, not that Rylan guy from the Cinch adverts. By adding layers of real time data from actual driving, on top of the basic postcode, job, claims and […]
The FCA has today published the final report of its market study into the pricing of home and motor insurance. The FCA is concerned these markets are not working well for consumers and is setting […]
Just in from the newswires; ACORD, the global standards-setting body for the insurance industry, today announced the winner of the 2020 ACORD InsurTech Innovation Challenge London. Virtual i Technologies, a patented platform for risk assessment […]
Action by the members of BIBA (the British Insurance Brokers’ Association) and the ABI (Association of British Insurers) is benefiting long-standing customers, reveals a report published by BIBA today (10.07.20). The two organisations launched a set of Guiding […]
LexisNexis Risk Solutions has been busy during lockdown. While UK drivers have been learning to bake oddly shaped loaves, or attempt jail-style home haircuts, LexisNexis have developed a great product that pulls together the multiple […]
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