Opinion
Brexit Fiasco: Quo Vadis?
From the Editor’s laptop; So May loses another vote and MPs of all persuasions seem unhappy with the proposed Brexit deal. No surprise as in reality, it never lets the UK actually leave the regulatory […]
rules
Life/Health/Critical illness
Brexit: Existing Pensions and Life Insurance Rules Unchanged
Today, the European Insurance and Occupational Pensions Authority (EIOPA) issued Recommendations for the insurance sector in light of the United Kingdom (UK) withdrawing from the European Union without a withdrawal agreement. The Recommendations addressed to […]
Legal
Brexit: Clyde & Co Update on Insurance Rules Post-March Deadline
Latest news on the mad riddle known as Brexit – not from Danny Dyer, but legal wizards Clyde & Co: Anticipating the possibility of a hard Brexit, the French government adopted two statutory instruments on […]
Conference report
Broker Update: BIBA Warning on Bigger FSCS Levy Bills This Year
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 […]
Insurance claims
Legal Update: HMRC Issues VAT Guidance on Delegated Claims Handling
HMRC has this week issued new guidance on Delegated authority claims handling by Lawyers which may create additional VAT costs for law firms and lead to disputes with their insurance clients, RSM has warned. Many law firms […]
Legal
Clyde & Co Reaction to Civil Liability Reforms
Following the Civil Liability Bill receiving Royal Assent today, Mark Hemsted, a partner with international law firm Clyde & Co, said: “This is a very welcome Christmas present for both the public and insurers. The reforms, coupled […]
Emerging Risk
Companies Breaking GDPR Law by Forwarding Work Emails
A survey of 1,002 UK workers in full or part-time employment, carried out by technology services provider Probrand.co.uk, has revealed that an incredible 64% of people admitted to having forwarded a customer email to their personal […]
Legal
Guernsey Regulator Update: ILS Cells & Rollover Rules Change
Guernsey has agreed to allow insurance-linked securities cells to benefit from rollover provisions, in a move which has been welcomed by the island’s thriving ILS sector. The regulator, the Guernsey Financial Services Commission (GFSC), has […]