Changing track

Significant changes are in store for architects, engineers and their insurers with the increasing use of a specific form of professional appointment already endorsed by the government. John Vasey explains the implications and the need for parties to adapt quickly to its radical approach

The NEC 3 Professional Services Contract, published in June 2005, forms part of the NEC suite of contract documents for use on construction projects. Although widely used abroad, the NEC contract has

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Matt Brewis, FCA

Matt Brewis, the Financial Conduct Authority’s head of insurance, is a man on a mission in 2024, which is why he has climbed to third place on this year’s Insurance Post Power List.

Sam Woods, Prudential Regulation Authority

In the run-up to a general election Sam Woods, chief executive of the Prudential Regulation Authority, has been clear it will be for the government, not regulators, to ensure insurers invest the dividends of forthcoming solvency reforms in the UK.

MOJ asked for clarity on insurers saying ‘sorry’

Insurers and legal experts have welcomed a Ministry of Justice consultation on amending the law of apologies, but have called for more reassurance that saying sorry to policyholders won't be deemed an admission of liability.

Biba’s Trudgill on working with the regulator

Trade Voice: Graeme Trudgill, CEO of the British Insurance Brokers’ Association, outlines how overtures between the trade body and the Financial Conduct Authority might ease brokers' uncertainty around regulation.

UN creates NZIA replacement

The United Nations Environment Programme has replaced the now-discontinued Net Zero Insurance Alliance with a multistakeholder forum, although most former UK-based NZIA members have yet to join.

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