Archive

FCA Consumer Duty review warns insurers on monitoring consumer outcomes

Research from the regulator revealed issues with how insurers are monitoring outcomes for consumers

FCA conducting first investigation over climate-related issues

Mind the data gap, life insurers urged, ahead of FCA Consumer Duty deadline

Regulation deals with expectations in relation to firms' closed product portfolios

Trade associations rally against FCA's name and shame plans

The ABI and the International Underwriting Association have criticised the proposals

Firms must incorporate learnings from mistakes in Consumer Duty era, says FCA

Matt Brewis said the measure for progress would be an "ever raising bar"

UK's Consumer Duty: a headache on top of a cost-of-living crisis

The introduction of the Consumer Duty regime has piled on costs for insurers at a time when premiums are soaring due to inflation. There are also plenty of questions about how the regulation will be implemented and enforced, as Paul Walsh reports

UK to extend temporary ban on GAP insurance sales

UK regulator halts 80% of GAP insurance market over value concerns

Financial Conduct Authority says sales paused while engagement with underwriters continues

2024 trends: UK regulatory action on DEI will drive progress

InsuranceERM's editorial team review the key developments that shaped the insurance market in 2023, and provide insight for the year ahead

UK sets out regulatory initiatives for insurers and banks in 2024-2025