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Second reading

Next spring, the Financial Services Authority will begin a review of its regulation of the insurance industry. For many insurers and brokers tangled up in red tape and frustrated by the rulebook, it cannot come soon enough, says Rachel Gordon

Unnecessary, expensive and unfair - these are the polite words used to describe statutory regulation. Although insurers, and many brokers, choose to put on a brave face and claim all is rosy, there is

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Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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