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 […]

Global insurance trends

California Commissioner Orders Insurers to Speed Up Claims Process

The Insurance Commissioner’s Office is trying to apply pressure to the few insurers still left in the California wildfire insurance sector – will it work? Here’s the word; Ordering the insurance companies’ FAIR Plan to […]

Insurance Regulation

FCA Extends Deadline on Motor Finance Compensation Scheme

The latest from the FCA as they extend the deadlines on the tricky issue of Motor Finance compensation; The Financial Conduct Authority (FCA) is seeking feedback on proposals to extend the time firms have to respond to […]

InsureTech

Lumera Working With PNO Media on Pension Scheme Migration

The latest from Lumera; Lumera, a leading insurtech company dedicated to the digital transformation of the European Life and Pensions industry, has signed an agreement with PNO Media to provide a SaaS policy administration solution. […]

Legal

LMA Announces its First Two Grads On Legal Wordings Scheme

Latest update from the LMA for you; The Lloyd’s Market Association (LMA) has today announced the qualification of the first graduates from its Legal Trainee Wordings Scheme. Tara Allen and Faizan Mahmood qualified as solicitors […]

Insurance Brokers

Flood Re Working With BIBA on Highlighting Build Back Better

The latest news from BIBA; Flood Re has teamed up with the British Insurance Brokers’ Association as part of its plans to develop wider understanding across the broking community about the mechanics and benefits of […]