Zurich's UK CEO Tulsi Naidu explains that insurance premium tax is a regressive tax, which punishes responsible business and the public for doing the right thing.
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
The Financial Conduct Authority has warned of an unregulated clone broker operating in the UK.
The Spanish Private Health Alliance hit out at “possible systemic fraud” committed by British insurers offering problematic medical cover within travel policies.
Michael Gaughan has spent over 35 years in the insurance market in various executive and independent non-executive roles. In the first of a series of blogs from a NED point of view, he explains what the function of a NED is.
Premium finance providers Premfina and Close Brothers will continue funding Gefion premiums following the unrated insurer’s tussles with the Danish regulator, as Premium Credit pulls out.
The Motor Insurer's Bureau might have outlined how it expects the proposed litigant in person portal to work. But Marcus Taylor, director of claims at Minster Law, argues that while this might be fine for 'sunny day' scenarios, there was much detail…
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
110 financial services firms will pay 61% of the Financial Service Compensation Scheme’s levy in 2019/20, according to indicative numbers published by the compensation fund.
The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
The newly appointed CEO of the Motor Insurers’ Bureau discusses modernisation, Brexit, whiplash portals, and Lewis v Tindale with Martin Croucher
The Danish Financial Supervisory Authority has pegged Gefion’s solvency ratio as just 105% at May 2019, rather than the 130% the company has claimed.
A clone firm has been masquerading as UK General, the Financial Conduct Authority has warned.
Our neighbours in France may have hit their highest ever recorded temperature this week as the heatwave that struck Europe saw schools closed, but Post revealed motorists holidaying there will not be able to claim compensation if they are struck by an…
Zurich UK CEO Tulsi Naidu has been appointed as chair of the Financial Conduct Authority’s practitioner panel.
The Financial Services Compensation Scheme has today made its first payments to policyholders affected by the collapse of Lamp Insurance.
BCR Legal Group appointed representative CRL failed to find an insurer to take on its Alpha policies by the May deadline set by the Financial Services Compensation Scheme, but it has been given more time as the firm has a replacement in its sights.
ABI accuses consumer panel of 'overlooking practicalities' in dual pricing automatic upgrade recommendation
The Association of British Insurers has criticised a proposal from the Financial Services Consumer Panel for an automatic upgrade rule to tackle dual pricing, saying it “overlooks the practicalities of underwriting and product choice.”
Exclusive: The Association of British Insurers believes that there is a need to review limitation law surrounding cases of child sexual abuse and has pledged to engage with the Independent Inquiry into Child Sexual Abuse, survivors and lawyers.
Major financial services firms had spent nearly £4bn preparing for life after Brexit as of 31 May, according to EY.
A proposal by the Competition and Markets Authority to place targeted price caps could change pricing and marketing models and put pressure on profitability in the insurance sector, Fitch Ratings has warned.
Exclusive: Motorists driving in France will not be able to claim compensation if they are struck by an uninsured or untraced vehicle after Brexit.
An unauthorised car insurance broker has been targeting customers in the UK, the regulator has warned.
One year on from the introduction of the General Data Protection Regulation and most companies have successfully adopted the new requirements. But Stephanie Smith, chief operating officer at Allianz, says while hefty fines and the risk of reputational…