Financial Conduct Authority (FCA)
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.
Over a million flock to FCA PPI website during £4.9m Arnie campaign
Almost 1.7m individuals have viewed the FCA’s PPI website since it debuted its Arnold Schwarzenegger-fronted advertising campaign.
Editor's comment: Which hat fits?
I wear many hats. As a single working mum, I have to deal with financing and running a household, managing a team of staff and producing a high-quality publication, and raising a rounded young man who I hope will take on the world in the future.
Scor issues first UK cat bond in vote of confidence for London ILS regime
Scor has become the first reinsurer to use the new UK ILS regime to issue a catastrophe bond.
Wrisk raises £500,000 in latest crowdfunding venture
Insurtech start-up Wrisk has raised over £500,000 in two days of second round funding on equity crowdfunding platform Seedrs.
Week in Post: Picking up the pieces after Biba 2018
The possibility of physical and mental collapse is now very real. No sympathy for the Devil. Buy the ticket, take the ride.
Updated: MPs raise ‘strong concerns’ over whiplash reform
The government’s proposed whiplash reform could lead to significant access to justice concerns, according to a Parliamentary committee report.
QBE's Chris Wallace on IDD as a new dawn for customer engagement
The Insurance Distribution Directive gives insurers a platform to engage with customers and to do so with transparency, writes Chris Wallace, executive director of Europe at QBE.
FCA: Client money handling a 'continual focus'
The Financial Conduct Authority advised that oversight of how brokers handle client money is a continual focus at a seminar exploring ‘Customers – at the heart of our business’.
FCA to publish report on dual pricing by autumn
The City watchdog will report on its investigation into dual pricing in the autumn, a conference heard.
Analysis: Travel insurance in a digital world
For so long seen a laggard in terms of embracing the potential of digital, travel insurance is changing. Rachel Gordon reflects on some of the latest developments that might halt to the downward trajectory in premiums that has been a reality since 2014.
Industry agrees to tackle dual pricing with sweeping guidelines
Industry bodies for brokers and insurers have agreed guidelines to halt the controversial practice of dual pricing.
Industry fears FCA plans could kill professional indemnity market
The insurance watchdog has opened a consultation into proposals which could see a surge in personal indemnity premiums and force some providers out of the market altogether.
Honcho granted FCA approval as it expands into motor market
Price comparison website disruptor, Honcho has been granted authorisation from the Financial Conduct Authority as it expands into the motor insurance market.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Interview: Edmund Dilger, Policy Castle
Digital household insurance broker Policy Castle is on the hunt for funding as it looks towards partnering with high street brokers and large insurers.
Roundtable: Where next for personal injury reform?
Discount rate and whiplash reforms are going through parliament. Will the outcome be beneficial to all?
Lust for trust: can public trust be restored in insurance?
Nick Marson, founder of Parallel Mind, talks to commentators from across the insurance market to garner their views of how the insurance market can respond with one collective voice to meet the challenge of restoring public trust
This week in Post: BIA shortlist and other insurance news
This week we unveiled the long-awaited shortlist for the British Insurance Awards.
FCA vows to bring dual pricing under the spotlight
The financial watchdog has vowed to tackle the problem of dual pricing in the coming year.
Month in Post: He’s back and will bite at your ankles
There is always something troubling about a disembodied head. More so, when it is Arnie’s head and it is shouting at people at the bus stop.
Regional review: Jersey
The largest of the British Channel Islands, Jersey is located 100 miles from the south of England and 14 miles off the French coast. Covering 45 square miles, the island offers one of the world’s major international finance centres. For the island's…
Insurers still failing to meet FCA renewal rules
The Financial Conduct Authority has warned it will take action against general insurers who fail to implement rules introduced to encourage shopping around at renewal time.
City watchdog to probe Aviva preference shares plan
The Financial Conduct Authority has launched a review into whether Aviva broke market abuse regulations following plans to cancel its high yielding preference shares.