ICO fines and enforcement action ‘significant and novel extension’ of regulatory powers: Eldon and Leave EU
Eldon Insurance and Leave EU fines totalling £105,000 and a data audit against the broker levelled by the Information Commissioner’s Office are “divorced from reality,” a tribunal heard yesterday.
Gibraltar-based Elite Insurance has been placed in administration and has ceased playing claims. It initially ceased writing business and went into runoff in July 2017.
Eldon Insurance brand Go Skippy sold 788 policies via Leave EU marketing emails, which were later branded as contravening regulation by the Information Commissioner’s Office.
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches 'peak divergence'.
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Marking #InternationalDisabilityDay with some great personal stories highlighting the unique talents people with disability can bring to our business. Thank you to all our speakers Steven Dows, Emma Case, Marianne Waite, Paul Dockerty #futureisaccessible pic.twitter.com/7x4eWGtEWh— AXA UK (@AXAUK) December 3, 2019
- ICO fines and enforcement action ‘significant and novel extension’ of regulatory powers: Eldon and Leave EU
- Richard Rowney steps down as LV CEO
- Blog: Aviva, ERS, ? … What Amanda Blanc did next
- Eldon sold 788 insurance policies through Leave EU marketing emails
- Ex-Lloyd’s CEO Inga Beale joins Clyde & Co board
- Saga names incoming CEO
- German insurtech Wefox targets UK launch in 2020 after $110m fundraise
The top 100 UK insurers have been on top of their game this year. Find out who ranks highest in the Top 100 UK insurers in Post’s 2019 countdown, produced in association with AM Best.
Post, in association with Tällt Ventures, indexes those that have the most potential to influence, change or disrupt the global market.
Speaking to brokers and insurers in the sector Post asked them about the cyber landscape, coverage available and risk management.
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market