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How the FCA could address premium finance failings

Marc Maxfield, risk and regulation expert at PA Consulting

Marc Maxfield, risk and regulation expert at PA Consulting, explains what steps the regulator could take to reduce profiteering from premium finance, plus how insurers should prepare for the watchdog's probe now.

The Financial Conduct Authority’s fresh probe into premium finance is the latest in its efforts to address insurance costs and safeguard vulnerable customers. 

The FCA has been sharpening its focus on

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Diary of an Insurer: Prestige’s Tim Baxter

Tim Baxter, business development and relationship director at Prestige Underwriting, navigates a week of strategy sessions in Belfast, broker visits in Manchester and London, and home-office conference calls – all in the name of expanding the MGA’s non-standard household and motor book of business.

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