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News analysis: IFB’s three-year strategy wins financial backing from insurers

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The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.

Fighting fraud has been ratcheted up a notch with the unveiling of the Insurance Fraud Bureau’s new three-year strategy. Insurers have agreed a 25% increase in the IFB’s budget, taking it to nearly £2

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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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