Archive

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

Transparency with teeth: UK regulator explains expectations on D&I

The Financial Conduct Authority's Alicia Kedzierski justified the non-prescriptive and disclosure-based approach to improving diversity and inclusion, at yesterday's ABI event. Joshua Geer reports

WTW offers guidance for insurers in addressing FCA's priorities

The experts argue there is a real risk of misguided confidence among boards

UK regulators propose rules on diversity and inclusion

D&I important for better risk management, say PRA and FCA

UK's FCA turns up heat on guaranteed asset protection products

Watchdog's data shows only a fraction of premiums are paid out in claims