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GAB boss to head up rival arm

Loss adjuster MYI has unveiled plasn for a new realty division, marking the extension of the firm’s offering to the growing property investors market.

The division will be led by Paul Ritchie, executive director (realty) who is joining MYI in March as a member of the new executive team, based in London. Mr Ritchie is currently property owners

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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