Regulation FCA is banging its head against a wall on fair value News Editor’s View: Following yet another thematic review where the Financial Conduct Authority says firms are unable to show fair value, and are even breaching rules, Scott McGee considers how the regulator could tackle poor conduct and asks if a commission cap could be on the cards? 30 Aug 2024   |  Opinion

Regulation Changes at the top of FOS as Rachel Lam leaves post Insurance Post has been informed that Rachel Lam is no longer in her position as ombudsman director of insurance at the Financial Ombudsman Service. 29 Aug 2024   |  News

Regulation Insurers that paused EDI work told to redouble efforts The insurance industry may need to renew ethnicity and disability data collection efforts due to Labour’s diversity pay reporting proposals. 27 Aug 2024   |  News

Regulation Operational resilience: will insurers meet the March 2025 deadline? Sarah Ouarbya, partner for financial services consulting at Forvis Mazars, examines how insurers should prepare for the Financial Conduct Authority and the Prudential Regulation Authority’s operational resilience rules coming into force. 27 Aug 2024   |  Opinion

Claims What Labour’s victory means for litigation funding in insurance With a new Labour government in power, Glenn Newberry, head of litigation funding and costs at Eversheds Sutherland, reflects on what this could mean for litigation funding in the insurance industry. 23 Aug 2024   |  Opinion

People Q&A: Mike Keating, MGAA Mike Keating, CEO of the Managing General Agents’ Association, discusses the buoyancy of managing general agents, some of the struggles in the high-net-worth space, and what he hopes his organisation will achieve by the end of 2025. 22 Aug 2024   |  Q&A

News FCA uncovers little progress on Gap insurance value The Financial Conduct Authority has today (21 August) released its latest fair value measures data, which shows while there has been progress on the proportion of premiums paid out in guaranteed asset protection claims, it is still low. 21 Aug 2024   |  News

Regulation Regulator to reduce red tape for general insurers Editor’s View: Emma Ann Hughes reflects on how general insurers should be careful about what they wish for from the Financial Conduct Authority's review of the rules governing financial services. 16 Aug 2024   |  Opinion

Regulation FCA bans broker for misusing policyholders’ premiums The Financial Conduct Authority has banned the former director of an Exeter-based insurance brokerage from working in the financial services industry. 14 Aug 2024   |  News

Regulation What insurers should know about the FCA’s anti-greenwashing rule Alexandra Nurse, a partner at Kennedys, explains how the Financial Conduct Authority’s new anti-greenwashing rule will, in the long term, mitigate the risk of claims brought in the insurance sector so long as providers review their communications. 14 Aug 2024   |  Opinion