Regulation
Insurers could be hit by exposure to fossil fuel assets
Insurers could face billions of pounds of potential losses from investment in fossil fuels, as the sector has failed to carry out risk assessment on the impact of climate change regulation.
Hiscox pledges to pay out in full on fair representation of risk cases under Insurance Act
Hiscox Insurance Company has made a pledge to pay claims in full to claimants that neither deliberately nor recklessly fail to make a fair representation of a risk under Insurance Act 2015.
Gable Insurance's first decade: seven lessons for start-ups
It is now four weeks since Gable announced it was cutting back its underwriting operations in light of compliance issue with Solvency II.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Insurance Act quiz
The Insurance Act is upon us. How well do you know this much anticipated piece of legislation? Take our quiz to find out!
Biba calls on insurers to be clear on Insurance Act 2015
The British Insurance Brokers’ Association has called on insurers to be clear when they 'contract out' of parts of the Insurance Act 2015, which is implemented today.
82% of insurers considering SaaS technology in response to Flood Re, IPT and CMA motor reforms
Insurer adoption of cloud hosted software-as-a-service technology is set to grow as a response to unprecedented regulatory change, according to research of 94 senior insurance decisionmakers and IT professionals.
Brodies' Elena Fry on the Apologies (Scotland) Act
The Apologies (Scotland) Act 2016 has caused some discussion north of the border, as insurers and policyholders consider how the Act will impact upon civil claims in Scotland.
More than a dozen organisations support ABI proposals on fire prevention
Over a dozen organisations have supported proposals put forward by the Association of British Insurers to ensure sprinklers are installed in more high-risk buildings.
Interview: Inga Beale, Lloyd's of London
Lloyd’s of London CEO Inga Beale sits down with Jonathan Swift to talk about Brexit, diversity and the need to modernise the market
Private Motor Insurance Order officially comes into effect
Measures to boost competition among insurers and reduce premiums for drivers have come into effect today.
Biba outlines its top 11 Brexit concerns in letter to senior MPs
The British Insurers Brokers’ Association has sent a letter to members of the government, setting out their member’s opinions on what should be considered as the UK heads towards exiting the European Union.
CMC industry continues to shrink due to regulation, MoJ reveals
Industry-wide turnover for personal injury CMCs has dropped 44% to £215m from £310m last year, as the industry continues to shrink as a result of government regulation.
Biba and Ageas renew calls for telematics tax break after record motor premium hike
Young drivers should be given a tax break on their motor insurance if they take out a telematics policy.
Enterprise liquidator tells policyholders to seek new cover due to claims uncertainty
The provisional liquidator of Gibraltar-based Enterprise Insurance Company has warned that it is uncertain the business has enough assets to pay claims.
Insurance Europe has doubts on services passport
Insurance Europe has questioned the ability of a services passport to ensure that a service provider is able to satisfy cross-border insurance obligations, in response to a European Commission consultation.
MPs call for a breakup of the FCA
A review on the possible breakup of the Financial Conduct Authority has been called for by senior MPs and the Treasury Select Committee due to ‘severe flaws’ in its past operations.
Enterprise collapse will affect 14,000 motorists
A Zurich-owned Managing General Agent will reimburse outstanding premiums to Irish motorists who have been affected following the collapse of Enterprise Insurance on Friday.
FCA report on widespread selling among ARs 'no surprise' to broker networks
Today’s Financial Conduct Authority report on the “serious and widespread” issues on the oversight of appointed representatives has come as no surprise to broker networks.
Former broker Craig Tracey to become co-chair of APPG for Insurance and Financial Services
Former insurance broker Craig Tracey is to take over as co-chair of the All Party Parliamentary Group for Insurance and Financial Services.
Blog: So what will Brexit mean for insurance claims staff?
Following the UK electorate’s vote to leave the European Union, there has been a lot of crystal ball gazing as to what it might mean for the insurance industry.
Aviva's Simon Warsop on flood resilience
Simon Warsop, chief underwriting officer for Aviva’s personal lines business, talks about recent flood debates and what action is needed now to protect homes and businesses next winter.
BIA 2016: People – young achiever, unsung hero, personality, achievement
Young Achiever Award; Unsung Hero; Insurance Personality of the Year; Achievement Award
