Financial Conduct Authority (FCA)
Nicola Crawford appointed as IRM chair
The Institute of Risk Management has appointed Nicola Crawford as its new chair.
FCA extends timetable on PPI complaints deadline
The Financial Conduct Authority said it needs more time to make a decision on whether it will impose a cut-off deadline for Payment Protection Insurance claims.
PI firm's 'ethnic penalty' motor premium findings submitted to Human Rights Commission
PI law firm Thompsons Solicitors has submitted its findings on 'ethnic penalties' in motor insurance to the Equality and Human Rights Commission.
FCA finds brokers are potentially underinsured
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Spotlight: Motor Data: Increasing data use in the van sector
Van insurance is often purchased by sole traders in the same way as household insurance but data in this sector lags behind the rest of the personal lines sector. What can the sector do to catch up?
FCA publishes supervision plans for Insurance Linked Securities
The Financial Conduct Authority has outlined its proposed approach to the authorisation and supervision of Insurance Special Purpose Vehicles, which will facilitate Insurance Linked Securities business.
London Market welcomes proposed ILS reform
The London Market has welcomed the publication by the government of draft regulations for Insurance-Linked Securities for consultation.
Gable policies will expire in a month, FCA warns
Policies with Gable will automatically be cancelled in less than a month’s time, the Financial Conduct Authority has warned.
FCA boss warns insurers about ‘exploiting’ customers through Big Data
The Financial Conduct Authority has warned against insurers “exploiting” customers by using Big Data to unfairly tailor premiums.
Aegis London appoints new CFO and compliance director
Aegis London has appointed Hermien Smeets-Flier as chief financial officer and Graeme Tennyson as director of risk and compliance.
Biba welcomes FCA's plans to review its handbook
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority’s suggestion that it would review its handbook.
FCA may review its 'six foot tall' handbook
The Financial Conduct Authority has plans to review its 'six foot tall' handbook.
Blog: Insurers must watch how they use Big Data
The Financial Conduct Authority has found no pressing issue with the way insurers use Big Data but is still keeping an eye on it.
Only one insurance product will take part in FCA's regulatory sandbox
Out of the 24 applications submitted to join the FCA’s regulatory sandbox, just one of those was an insurance product.
What is wrong with the UK retail CEO role at Gallagher?
Stuart Reid was the fifth UK retail CEO to depart A J Gallagher in as many years. So what is it about the role that causes such a short tenure?
Women entrepreneurs: Insurance start-ups
Five female insurance entrepreneurs give Jonathan Swift the lowdown on the start-up sector
Closing the claims liquidation loophole
Regulatory powers to crack down on rogue claims management companies are to be passed to the Financial Conduct Authority
Enterprise deficit nine times larger than predicted
Failed Gibraltar insurer Enterprise had a total deficit of £96.4m, almost nine times more than the original estimate of £11m.
FCA to consult on making FSCS levy more affordable
The financial services watchdog is looking to “improve affordability” for firms that contribute to the Financial Services Compensation Scheme.
Stuart Reid leaves Gallagher
A J Gallagher retail CEO Stuart Reid is to leave his position after being made to wait for over a year for Financial Conduct Authority approval.
State of the Broker Nation: Regulation
In the second part of Post’s research, brokers talk candidly to Michèle Bacchus about the British Insurance Brokers’ Association, the Financial Conduct Authority, the government and the European Union
QBE's Richard Pryce on why the insurance industry must seek certainty on Brexit
We all planned for it but it’s fair to say that few among us believed we would actually have to execute our Brexit contingency strategies.
FCA will not make it easier for new entrants to market
The Financial Conduct Authority will not be lowering the threshold requirements for new brokers wishing to enter the market.
FCA seeks vote of confidence from industry on its approach
The Financial Conduct Authority is seeking a vote of confidence from the industry on its current regulatory approach.