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Insurance Brokers

FCA Consumer Duty: Vague Aims & Poor Wording Will Cause Confusion

11 January 2023 alastair walker 0

Is the new FCA Consumer Duty worded in a way which makes it difficult for brokers to predict their customers’ future, or true aims? Three in five brokers admit they don’t understand how the FCA’s […]

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Motor Insurance

Claims: Rules Changing on Windscreen Replacement

16 December 2022 alastair walker 0

If you work in the insurance claims sector then you will know that cracked screens – and replacement glass – are one of the most common claims in the industry. But although technology has moved […]

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Insurance Regulation

Hunt Statement: More Industry Thoughts on Solvency II

18 November 2022 alastair walker 0

The reforms of Solvency II rules seems to be popular, here’s some more reaction from IFoA; Matt Saker, IFoA President, said: “We support the government’s ambition to remove unnecessary restrictions in the use of the […]

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News

Hunt Delivers Lib/Dem Budget, Solvency Rules Tweaked

17 November 2022 alastair walker 0

So Jeremy Hunt delivers his first Budget and the tone is very much Lib/Dem, with huge increases in welfare spending, NHS, Education etc. One new nuclear power station will be given the green light, which […]

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Legal

How LEV Systems Can Keep Businesses Compliant

27 October 2022 alastair walker 0

Workplaces should be safe environments where people feel comfortable. After all, it’s where we spend most of our time each week. Sadly, workplace accidents can lead to severe injuries or even death. Some industries are […]

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Insurance Regulation

LMA Offers Guidance on Latest FCA Consumer Duty Rules

21 October 2022 alastair walker 0

The Lloyd’s Market Association (LMA) announces the publication of a general guidance document for the implementation of the FCA Consumer Duty (the ‘Consumer Duty’). To support the work of Managing Agencies in the Lloyd’s market […]

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News

Apartment & Leaseholder Risks in Focus For The FCA

21 September 2022 alastair walker 0

The FCA is looking at the insurance risks associated with apartments, especially apartment blocks. These are increasing in numbers as new builds, as they offer a managed solution for Housing Trusts and Councils, keen to […]

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Insurance Regulation

Automating Your ESG/Climate Reporting is Probably a Good Idea

7 September 2022 alastair walker 0

It’s becoming clear that any deviation from the Net Zero and green agenda will be frowned upon by Globalist backed governments. Regardless of where your insurance brand is incorporated, there’s little chance of escaping the […]

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