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Start ups : insurers - regulatory hoops

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Huge costs and the pressure of regulation have been seen as barriers to setting up an insurer in the UK — so why are so many companies considering this option now, asks David Young.

The insurance press at the beginning of the year was full of predictions for 2010. Increased consolidation among insurers was a recurring theme and has been for some years. But figures produced by the

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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