Legal

FCA Motor Finance Compensation: Comment and Analysis

Some comments on yesterday’s FCA announcement; OSBORNE CLARKE Rachel Couter, Head of UK Contentious Financial Services, Osborne Clarke: “The final scheme is likely to be met with real disappointment by the industry, as it appears […]

Insurance Regulation

Time to Prep For FCA Compensation Scheme, Says SmartSearch

A timely warning from SmartSearch for you; Failure to prepare for the FCA’s motor finance compensation scheme could lead to operational chaos, compliance breaches, and enforcement action, warns compliance expert SmartSearch. The FCA confirmed on […]

News

QBE Working With Beloy on EV Project

The latest partnership news from QBE for you; QBE, the international business insurer, today announced a new partnership with embedded insurtech broker Beloy to support businesses across the UK in offering electric vehicle (EV) schemes […]

Motor Insurance

Targa Telematics Teams Up With Motability Operations

The UK Motability scheme has expanded rapidly in recent years as benefits consumers demand independent transport, rather than bus or train passes. That offers opportunities to insurance brands as up to three drivers per vehicle […]

Insurance Regulation

Comment & Analysis on FCA Motor Valuations Compensation

Some comment on the recent FCA announcement on car write-off valuations compensation; Prestige Underwriting Response to FCA Announcement on Motor Insurance Compensation Prestige Underwriting welcomes the announcement from the FCA that over 270,000 motorists will […]

Global insurance trends

Just Group Completes £1m Buy-In With Philippine National Bank Scheme

The latest news from Just Group; Retirement specialist Just Group has completed a £1m full scheme buy-in with the Philippine National Bank Retirement Benefits Scheme (the “Scheme”). The Scheme is sponsored by the Philippine National […]

News

Aberdeen Transfers £3bn Worth of Pension Policies From Phoenix Life

It’s a significant deal for Aberdeen; Global investment company Aberdeen announces that £3bn of pension scheme policies have transferred from Phoenix Life Limited to abrdn Life and Pensions Limited (abrdn Life). The transfer relates to a […]

Insurance Regulation

Thoughts on The FCA Motor Finance Redress Scheme

Samuel Riordan, Executive Director of banking & payments at consultancy Capco, comments on the FCA’s intentions to launch a Motor Finance redress scheme; “It is odds on that the FCA will shortly launch a consultation […]