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AXA Signs Up To Build Back Better Flood Scheme

27 January 2023 alastair walker 0

AXA UK announced recently they have signed-up to Flood Re’s Build Back Better scheme. This means they will be able to offer relevant customers access to reimbursement costs of up to £10,000, over and above […]

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Insurance Regulation

FCA Looking to Increase Compensation Rates Under FSCS

14 December 2022 alastair walker 0

Latest thoughts from the FCA on increasing levels of compensation for mis-selling in the past. The Financial Conduct Authority (FCA) has published the feedback it received to its call for input on the framework for […]

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Insurance Regulation

FCA Fines Defunct PMC Over Pension Scheme Advice

3 December 2022 alastair walker 0

The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for unsuitable advice to consumers to transfer out of the British Steel Pension Scheme (BSPS) and other defined […]

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News

Three More Insurers Join Flood Re Scheme

14 November 2022 alastair walker 0

As winter approaches, it’s a good time to think about flood prevention. Three more leading UK insurers have joined the world-leading Build Back Better Scheme, which aims to reduce the impact of future flooding for […]

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Global insurance trends

Aon Pooled Employer Plan Reaches $1bn Level

13 October 2022 alastair walker 0

Aon plc (NYSE: AON) has announced its pooled employer plan (PEP) has reached $1 billion in U.S. 401(k) assets and commitments since its inception on Jan. 1, 2021. Today, the Aon PEP is the industry leader with more than 40 employers […]

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News

MGAM Launches Property Surveyor/EWS1 Scheme

26 September 2022 alastair walker 0

MGAM, an Acrisure partner, SCOR, Aon and the Department for Levelling Up, Housing and Communities (DLUHC), today announce that the new government-backed professional indemnity (PI) insurance scheme for EWS1 assessors is now available for purchase, […]

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Govt Expands Start-Up Loans Scheme

26 September 2022 alastair walker 0

An £884m loan scheme for new businesses is to be greatly expanded, delivering much needed finance to the UK’s array of innovative start-ups, the Business Secretary Jacob Rees-Mogg has announced. The Start Up Loans programme […]

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News

Deals: L&G Announces Buy In Deal With Boots Pension Scheme

12 August 2022 alastair walker 0

Legal & General Assurance Society Limited (“Legal & General”) today announces that it has agreed a c.£50 million full scheme buy-in with the Boots Supplementary Pension Plan (“the Plan”), covering the benefits of more than […]

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