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Not all GI blues

With the Financial Services Authority's application threshold now passed, there is now no guarantee that those yet to apply will have their applications processed on time. However, Robin Gordon-Walker asserts that the FSA will strive to process late applications before the 14 January 2005 deadline

The Financial Services Authority recently published an update on the progress of the general insurance market towards authorisation as at 13 July. That date is significant because it marked the latest

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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