KPMG’s Evans expects Consumer Duty to evolve in 2024

Huw Evans, director general, ABI

Former Association of British Insurers director general Huw Evans expects the Financial Conduct Authority’s Consumer Duty requirements will "evolve" next year.

Speaking exclusively to Insurance Post, Evans, who will replace Trevor Jones as head of insurance at KPMG in April, said 2024 will highlight how the Consumer Duty is a process rather than a one-off

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UN creates NZIA replacement

The United Nations Environment Programme has replaced the now-discontinued Net Zero Insurance Alliance with a multistakeholder forum, although most former UK-based NZIA members have yet to join.

ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.

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