Compliance
Compliance and in-house teams bolstered by Broker Network
Broker Network has bolstered its in-house broker development managers team by recruiting four new starters ahead of plans to draft in three more BDMs during the course of the year.
FCA urged to probe premium finance arrangements after TCF accusations
Whistleblower says ‘nearly all’ big brokers are shortchanging their customers
Howden compliance chief calls for simple approach to FCA visits
Brokers should not volunteer additional information on top of what is initially requested when faced with a visit by the Financial Conduct Authority, says Howden's head of risk and compliance.
Insurers urged to stay vigilant on avoiding sanctions violations
Accountancy firm Moore Stephens is urging insurers to remain vigilant in avoiding sanctions violations or risk facing penalties after positive signals that international sanctions on Iran are relaxing.
FCA will push for brokers to have ‘house in order’, UKGI predicts
Compliance consultancy UKGI predicts 2014 will see the conduct regulator pressuring the broking community to “put its house in order” before insisting on fresh regulations.
UKGI named preferred supplier for Aim Core Protect
UKGI has been appointed preferred supplier by wholesale broker and trading platform provider, Aim Core Protect.
View from the Top: Don’t let data leave you behind
So, after my 20-month holiday, what’s new in the market? Well, you are certainly all a bit greyer around the temples.
Biba partners with UKGI on members’ helpline
The British Insurance Brokers’ Association is to work with compliance consultancy UKGI to provide compliance helpline facilities to its members.
Airmic 2013: Non-disclosure tops buyer concerns
The possibility that claims may not be paid due to innocent non-disclosure is the top concern of Airmic members, research has revealed.
Over 50% of insurers lack proper conduct risk strategy
More than half of insurers do not have a clearly defined conduct risk strategy in place, a PWC survey found.
FCA viewed as re-brand exercise by brokers surveyed by UKGI
The Financial Conduct Authority is seen as little more than a re-branding exercise, as opposed to a change in regulatory focus, according to brokers surveyed by compliance consultancy UKGI.
ABI welcomes opportunity to reshape regulator-industry relationship
The Association of British Insurers has welcomed the opportunity to reshape the relationship between the industry and its regulators as the Financial Services Authority is due to be replaced by two new regulatory bodies.
Wheatley tells firms ‘no need to be afraid of the FCA’
Martin Wheatley, chief executive of the Financial Conduct Authority, has vowed to take a less aggressive tone than its predecessor in its dealings with regulated firms.
Hood Group makes Milbourne risk and compliance director
The Hood Group has appointed Sheila Milbourne to the role of risk and compliance director.
BWise expands reach with Bangkok office
Governance, risk management and compliance software firm BWise has opened a regional office in Bangkok, Thailand.
Airmic invites new pitches for compliance database
Risk management association Airmic has issued a second request for proposals for companies interested in creating a global database of international insurance requirements.
Q&A: Zurich's Steve Green
Regulation, compliance and a difficult trading environment are posing problems for insurance companies in Europe, but the region still has huge potential. Steve Green, middle market network leader at Zurich, explains how to grasp the opportunities for…
Middle East Blog: The voice of the UAE
I recently contacted a few regional ‘A’ rated insurance companies, in preparation for a corporate governance article, to get sound-bites from chief executives or managing directors on the drivers of corporate governance in our industry in the United Arab…
Data management: Handle with care
The colossal amount of customer data held by the industry presents ethical and security challenges. How can firms cope with these issues while making data work?
Travelers appoints Abramson European head of Legal from Flagstone
Travelers has appointed John Abramson as head of legal and compliance for its European businesses.
Travelers snaps up Chartis boss for legal role
Travelers has appointed John Abramson to head of legal and compliance for its European businesses.
View from the top: The case for global programmes
Global programmes are one way for corporations with international exposures to get the right insurance in place to cover the risks of doing business.
Allianz consultant takes Assurant compliance role
Assurant Solutions has appointed John Miles as the newest member of its European compliance team.
Biba slams European timetable for commission disclosure
The British Insurance Brokers’ Association has accused the European Commission of ignoring the views of major financial and insurance bodies in its decision to impose a timetable to mandate disclosure of insurance commissions.