Compliance
Postbox: Brokers don't need to be alone in tough times
As reported in The Daily Telegraph this week, Towergate's Peter Cullum has warned that too many businesses are "traumatised" by the recession and are failing to prepare for the future, and that now is the time to be planning "transformational changes…
Exclusive compliance content now available on Post Europe
In our latest article Aia Software’s Mike Davies tackles the tricky issue of document compliance for European insurers operating across multiple territories and languages.
European document governance and compliance
Compliance around key insurance documents can be a governance nightmare leading to reputational damage and regulatory penalties for European insurers operating across multiple territories and languages. However, Mike Davies explains how applying best…
Exclusive compliance content now available
In our latest article Aia Software’s Mike Davies tackles the tricky issue of document compliance for European insurers operating across multiple territories and languages.
UKGI head: independent brokers value their freedom
UKGI, the compliance services business for independent brokers, is launching a host of new market-facing services, including a new website and marketing support services, to help brokers grow long term profitable business.
FSA hands out £10k broker fine
The Financial Services Authority has fined David Head, director of Essex based mortgage and insurance broker network FT Compliance Services £10,500.
Rehabilitation - PAS 150: Starting the journey
In the second article of a two-part series on the new rehabilitation code of practice, Lynn Rouse explores concerns about cost, cohesiveness and potential public sector failure to join their private provider counterparts in the journey to compliance.
Eight-fold fee hike slammed
The British Insurance Brokers' Association has urged members to take an active role in an upcoming consultation of Financial Services Compensation Scheme levies to help reduce the burden of fees on intermediaries.
Postscript - 10 years ago: Rule book gets cautious welcome
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Comment: Everything to play for
Solvency II has created a cloud of uncertainty over captive insurance companies. Alan Fleming explains.
Solvency II fears
One third of UK insurers are not confident that the industry will be able to achieve compliance to the Solvency II rules by the 2012 European Union deadline.
Someone to watch over me
If the FSA's plans to create a consumer protection committee go ahead the insurance industry may find itself under intense scrutiny, writes Daniel Dunkley.
New regulations challenge UAE firms to improve risk management
Firms in the United Arab Emirates could fall foul of new corporate governance rules and corporate discipline regulations unless they adopt a more systemic approach to managing risk, according to Marsh.
Former Broker Network MD to head up broking services firm
Total Broker Solutions, the insurance services business, has confirmed senior appointments to its board.
FSA to publish insurer complaint figures in August
The Financial Services Authority has today confirmed that it will require firms to publish information on how they handle complaints, to help people see how firms are performing in this important area and to drive up complaints handling standards across…
ABI claims FOS complaints data risks misleading consumers
The ABI has produced its own table showing complaints in context of overall quality of type of policy.
Under the influence
The Financial Services Authority has widened its approved persons regime for employees with 'significant influence'. Adrian Bristow reveals what this means in practice and the steps that should be taken to ensure compliance.