How the Consumer Duty will create two kinds of insurers

While most firms are currently focused on simply getting over the line of the Consumer Duty deadline on Monday, insurance consultant Prakhar Agrawal says long-term providers should use the regulation as a springboard to digitise.

With the Consumer Duty regulation deadline just around the corner, the past few months have been somewhat of a watershed moment for the insurance industry. Yet, concerningly, insurers remain divided

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Crunch time for insurers’ Consumer Duty reports

One year on from the introduction of the Financial Conduct Authority’s Consumer Duty requirements for open products, Emma Ann Hughes investigates whether insurers will get a pat on the back or a clip round the ear from the regulator when they hand in their board reports.

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