Regulation
Analysis: How Lloyd's is faring in the Middle East
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
QBE's Chris Wallace on IDD as a new dawn for customer engagement
The Insurance Distribution Directive gives insurers a platform to engage with customers and to do so with transparency, writes Chris Wallace, executive director of Europe at QBE.
Nicky Morgan to take brokers’ regulatory concerns before FCA
Chair of the Treasury Select Committee, Nicky Morgan has agreed to take brokers’ regulatory concerns to the financial services watchdog.
Biba's Steve White slams watchdog in call for regulatory stability
Broker trade body calls for a period of regulatory stability as “burdensome and costly regulatory regimes” takes toll on the sector.
Interview: Ali Crossley, BGL
In less than a year in her new role as managing director for Junction and BGL Customer Services, Ali Crossley has helped implement more than 100 digital improvements across the group's brands.
Analysis: 2018: A space policy
The UK is contemplating liability options as it wants to allow satellite launches from its soil.
Beazley's Raf Sanchez on why GDPR will bring an increase of “non-material” damages claims
Organisations are likely to be faced with data privacy claims, predicts Raf Sanchez, international breach manager at Beazley, warning cyber cover is only part of the solution.
Government's draft whiplash regulation divides industry
LLegislators have revealed proposals for an updated whiplash definition and damages tariff, prompting fresh debate across the industry.
Willis Towers Watson Networks' Sara Fardon on protecting the value of brokers' local expertise
Independent brokers face ever-evolving challenges, which networks can help them take up, argues Sara Fardon, managing director of Willis Towers Watson Networks.
This Month in Post: shame, sunshine and an opportunity for change
Insurers have published their gender pay gap statistics. It was never going to go well and the industry's shameful figures further highlight that change is needed. With a bank holiday weekend approaching, perhaps it would be prudent to use that extra day…
Bureau Veritas launches learning academy to help UK businesses remain compliant
Bureau Veritas has launched a learning academy to help UK businesses to keep up with the volume of ever-changing regulation that they must adhere to.
Blog: I(nsured), robot
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
Industry fears FCA plans could kill professional indemnity market
The insurance watchdog has opened a consultation into proposals which could see a surge in personal indemnity premiums and force some providers out of the market altogether.
Analysis: Liability war rages over Grenfell-style cladding replacement claims
A battle is raging over who is liable for costs to replace cladding on high-rise residential buildings across the country
Blog: What Cambridge Analytica means for AI in claims
Insurers and lawyers trying to automate claims through artificial intelligence must be careful not to violate ethical boundaries, explains Andrew Dunkley, head of analytics at BLM, pointing to the Cambridge Analytica scandal as a warning sign.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Post-Grenfell research lays bare fire safety test failures
Research conducted on behalf of the insurance industry in the wake of the Grenfell Tower fire has exposed the scale of fire safety testing failures.
Roundtable: Where next for personal injury reform?
Discount rate and whiplash reforms are going through parliament. Will the outcome be beneficial to all?
This week: Proceedings and premiums
This week the UK has been focused on court cases and Inquiries.
AIG moves European business to new UK and Luxembourg units
AIG has formed new insurance companies in the UK and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union.
Brexit sends Anglo-American trade deal into disarray
The uncertainty surrounding Britain’s departure from the European Union has sent the prospect of a possible Anglo-American trade deal into question, the Lloyd’s market has heard.
Biba’s Steve White on why a transitional agreement is only the tip of the Brexit iceberg
News of a post-Brexit transitional agreement is a welcome one, writes Steve White, CEO of the British Insurance Brokers’ Association, however brokers must be wary that the hard work is still yet to come.
Blog: Not taking hands off the wheel just yet
UK laws, roads and infrastructure are getting ready for self-driving cars but motorists remain reluctant to adopt this technology, points out Simon Walker, group CEO of First Central.
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