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Councils criticise government for flood insurance failure

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The Local Government Association has accused the government and insurance industry of letting down residents in flood-risk areas by failing to reach an agreement over the provision of affordable insurance cover.

The call comes after the government broke for summer recess this week without agreeing a solution with the Association of British Insurers over how to replace the Statement of Principles when it

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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.

Q&A: Sharon Bishop, PremFina

Sharon Bishop, CEO of PremFina, explains how the business has scaled from helping 15 brokers in 2021 to more than 200 today, leveraged technology to stay ahead of regulation, and set its sights on becoming the UK’s leading premium finance provider.

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