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80% of insurer execs expect drop in UK insurer numbers unless government takes action

Stephen-Haddrill-ABI
Stephen Haddrill, ABi director general

ABI director general Stephen Haddrill outlines proposals to boost competitiveness.

Four in five UK insurance executives surveyed by the Association of British Insurers feel that if the government fails to improve competitiveness, there will be a drop in the number of insurance firms

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Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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