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How the Consumer Duty will create two kinds of insurers

Prakhar Agrawal_HS

While most firms are currently focused on simply getting over the line of the Consumer Duty deadline on Monday, insurance consultant Prakhar Agrawal says long-term providers should use the regulation as a springboard to digitise.

With the Consumer Duty regulation deadline just around the corner, the past few months have been somewhat of a watershed moment for the insurance industry. Yet, concerningly, insurers remain divided

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FCA confirms AI review led by Mills

The Financial Conduct Authority has today (27 January) confirmed Sheldon Mills is to lead a review into the implications of advanced AI on consumers, retail financial markets and regulators.

Are you ready to be stress tested by the PRA?

The regulator’s 2026 dynamic stress test will plunge insurers into a real-time, three-week crisis simulation unlike anything the sector has faced before, forcing firms to prove not just their capital strength but their ability to make rapid, data-driven decisions under pressure.

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