Financial Conduct Authority (FCA)

PI broker banned by FCA

The Financial Conduct Authority has barred former insurance broker Stephen Robert Allen after the Upper Tribunal found he was not a fit and proper person. The Tribunal reached the decision because Allen was found to have submitted a forged document in…

Jargon: Beat the bull

Insurers need to make sure their communication is crystal clear and jargon-free, or face the fallout from consumers and regulators.

Blog: D&O - ‘The Times They Are A-changin'

Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think 2015 could be the beginning of the end of this soft market for management liability risks?

Blog: D&O insurance - ‘The Times They Are A-changin'

Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think that 2015 could be the beginning of the end of this soft market for management liability risks?

Editor's comment: Do as I say, not as I do

Insurers and brokers have been warned to be on their guard after the Financial Conduct Authority set out its stall for 2015 and set its sights on a general insurance shake-up with another series of reviews – despite many thinking this might be the year…

Vulnerable Customers: Protecting the vulnerable

A recent Financial Conduct Authority report found that financial companies are not meeting the needs of the more vulnerable customers in society – so what are insurers doing to help combat this?

Quiz of the week

How well do you know what happened in the world of insurance this week? Test your knowledge of the week's news with Post's coffee break quiz.

Redress for opt-out add-on buyers mooted

Redress for consumers who bought add-ons unnecessarily through the opt-out process would be a "logical conclusion" of the Financial Conduct Authority consultation into the sales practice, according to PWC.

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