Insurance Regulation

FCA Looks to Revamp Data Strategy for the 2020s

The Financial Conduct Authority (FCA) and the Bank of England (Bank) today outlined their plans to develop their data and analytics capabilities. Both authorities depend on access to high-quality data to fulfil their respective missions […]

Insurance Regulation

FCA Reaction to Loyalty Penalty Super Complaint

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: “Before the CMA published its supercomplaint response last year, we had already begun work in the mortgages, cash savings and general insurance markets. […]

News

UK Government Announces Support for Insurtech Companies

Minister for Investment Graham Stuart MP has signed a Statement of Intent with the newly formed association to work together on several initiatives to benefit the UK insurtech community. A series of workstreams designed to […]

Legal

Lloyd’s Strategy: FOIL Welcomes New Innovation, Tech & Diversity

Jennette Newman, partner at Clyde & Co and President of London FOIL, welcomes Lloyd’s new strategy launched today “London FOIL welcomes the bold new strategy released by Lloyd’s today. The London market has been at […]

Insurance Brokers

Broker News: Latest on Alpha Taxi Insurance Collapse from FSCS

Here is the latest statement from the FSCS on the collapse of Alpha Insurance, who were specialists in the private hire and minicab driver market: Update for brokers (managing general agents) for Alpha Insurance, and […]

Motor Insurance

Chancellor’s Statement: RAC Calls For More Road Repairs

Responding to the Chancellor’s Spring Statement which was delivered to MPs this lunchtime, RAC head of roads policy Nicholas Lyes said: “The announcement that the Chancellor will look at the possibility of reducing VED for businesses that buy […]