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FCA’s Reynolds outlines insurance priorities

Podcast: Graeme Reynolds, director of competition and interim director of insurance at the Financial Conduct Authority, Michael Sicsic, founder and managing partner of Sicsic Advisory, David Sparkes, regulation director of the British Insurance Brokers' Association, and David Otudeko, director of regulation at the Association of British Insurers with Editor Emma Ann Hughes.

Graeme Reynolds, director of competition and interim director of insurance at the Financial Conduct Authority, takes centre stage in the latest Insurance Post Podcast, setting out the regulator’s key priorities for the market.

 

Speaking with Insurance Post editor Emma Ann Hughes, Reynolds highlights a focus on claims handling, fair value and customer understanding following the Which? super-complaint.

He is joined by Michael Sicsic, founder and managing partner of compliance consultancy Sicsic Advisory, David Sparkes, regulation director of the British Insurance Brokers’ Association, and David Otudeko, director of regulation at the Association of British Insurers, who discuss how firms are responding to increased scrutiny from the FCA.

The episode also explores the challenges of maintaining consumer protection and meeting regulatory requirements in a softening market, with an uptick in inflation, and where the FCA is likely to focus its enforcement activity in the year ahead.

The full episode is now available to listen.


Download the episode via your podcast provider of choice – Apple, Google, Samsung, Spotify, Audible, or more – by searching for Insurance Post.

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