FCA warns insurers to prepare for the ‘techlash’

Robot workers

Nikhil Rathi, CEO of the Financial Conduct Authority, has urged insurers to keep a human hand in the loop, as a “hyper-digitised” future is not for everyone.

Speaking at Imperial College London Business School on Wednesday (23 January), Rathi highlighted impending technology adoption choices, and stressed how keeping “consumer tech a force for good” should

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Direct Line accepts £3.6bn bid from Aviva

Direct Line Group has this morning confirmed it has reached a “preliminary agreement” on the financial terms of a potential acquisition of the entire share capital of Direct Line by Aviva.

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