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FSA urges final applications

The FSA today revealed its latest figures on the authorisation of general insurance intermediaries, and urged firms wanting to continue to do business after 14 January to apply now.

As at the end of December, 10 212 general insurance intermediaries have applied to transact general insurance business, of which 9700 firms have already been given authorisation. This is an increase

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Why FCA’s premium finance probe fell short

Rebecca Deegan. director of consumer campaign Fair By Design, argues the Financial Conduct Authority premium finance market study stopped short of addressing past overcharging or tackling the underlying incentives that push costs onto people who have the least ability to pay.

Q&A: Andy Wright, Resnova

Andy Wright, co-founder of a new consultancy firm, Resnova, speaks to Insurance Post about his time at Tesla and Zego, why he wanted to set up a consultancy firm, and why he thinks the next wave of insurtech funding could be coming from China and the Middle East.

FCA ends premium finance probe looking like a tired parent

Editor’s View: Two years after the Financial Conduct Authority kicked off about premium finance, Emma Ann Hughes feels the regulator’s market study final report felt more like finger-wagging from a worn-out parent than meaningful action from a watchdog with a powerful bite.

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