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Davidson Review - Fool's Gold

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'Gold-plating' - the FSA's over-cautious approach to EU legislation - is proving a serious issue for UK intermediaries. Marcus Alcock reports on how November's Davidson Review addresses this problem

Sometimes one has to stare and wonder at the wonderful world of legislation and regulation. Barely two years since the onset of a statutory regulatory regime for insurance intermediaries in the UK -

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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.

How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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