Regulation
FCA lacks ambition on insurance market reform
As claims service falters and essential cover vanishes, James Daley, managing director of consumer group Fairer Finance, warns the regulator is failing to deliver real change in a market increasingly stacked against consumers.
Brewis leaves FCA for KPMG
Matt Brewis, the Financial Conduct Authority’s director of insurance, is leaving the regulator to join KPMG UK, Insurance Post can exclusively reveal.
CII’s Connell on how case studies are key to understanding vulnerability
Trade Voice: Dr Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute, says insurers should use case studies, like those from the ombudsman, to better recognise, understand and respond to customer vulnerability.
Does the FCA’s premium finance inaction show a lack of ambition?
Briefing: After years of signalling action, the Financial Conduct Authority has finally issued an update on its premium finance market review and while Scott McGee observes the watchdog said surprisingly little, those thinking the regulator is backing…
Aon’s head of captives reveals checklist for UK regs
Following Aon’s announcement last week that it is setting up a UK captives management company, global head of captives Ciáran Healy has outlined the broker’s plans and what it wants to see from the prospective regime.
FCA admits profiteering didn’t push up insurance prices
The Financial Conduct Authority has acknowledged the recent surge in motor insurance premiums was driven primarily by external cost pressures rather than excessive profiteering by insurers.
FCA lays out road map to tackle motor insurance costs
The Financial Conduct Authority has outlined what caused motor insurance costs to skyrocket in recent years and explained the steps the regulator, providers and the government should take to reduce premiums.
Q&A: Gary Gallen, rradar
Gary Gallen, CEO and founder of Rradar, tells Insurance Post why he set up the firm, how he flipped the pricing model of law firms, and why others won't follow suit.
FCA and ombudsman to overhaul compensation system
The Financial Conduct Authority and the Financial Ombudsman Service have unveiled plans to reform the consumer compensation system.
Understanding IFRS 17 compliance: Overcoming the operational challenges
The insurance industry has undergone and continues to undergo a major transformation with the implementation of IFRS 17, the global standard for insurance contracts accounting.
Why FCA inaction on premium finance is unacceptable
Despite falling motor insurance premiums and political inertia, Rebecca Deegan, director of campaigners Fair By Design, argues inaction on premium finance isn't acceptable and the regulator must act now to end the poverty premium and ensure fair outcomes…
Regulators and Treasury move to scale back SM&CR
Regulators and the Treasury have proposed streamlining the Senior Managers and Certification Regime to drive growth in the financial services sector.
Biba urges chancellor to stop downward spiral
British Insurance Brokers’ Association CEO Graeme Trudgill has written an open letter to chancellor Rachel Reeves asking her to put a stop to the “downward spiral of productivity” ahead of her Mansion House speech tomorrow (15 July).
FCA’s CPD cut threatens faith in insurance
Editor’s View: The Financial Conduct Authority’s proposal to scrap the 15-hour minimum annual requirement for continuous professional development for insurers is the wrong move, at the wrong time, with the wrong consequences for everyone, argues Emma Ann…
Lloyd’s managing agent authorisation process to be streamlined
The Prudential Regulation Authority, Financial Conduct Authority, and Lloyd’s have agreed to streamline the process of regulatory approval for Lloyd’s managing agents.
FCA’s Brewis reacts to CPD backlash
The Financial Conduct Authority’s director of insurance Matt Brewis has responded to criticism of the regulator’s proposal to ditch the requirement for 15 hours of continuous professional development a year.
FCA clarifies stance on non-financial misconduct rules
The Financial Conduct Authority has confirmed that bullying, harassment and violence against colleagues qualifies a breach of the regulator’s conduct rules for insurers.
Spotlight: Fair play - keeping pace with personal lines compliance
How can personal lines insurers ensure they meet their regulatory objectives when pricing and serving customers, asks Laura Miller
ABI at 40: A quick look back and longer look forward
As the trade body turns 40, Malcolm Tarling, former chief media relations officer at the Association of British Insurers, reflects on how it was formed, achievements today and what the future holds.
A step toward smarter, proportionate insurance rules
Trade Voice: Michael Keating, CEO of the Managing General Agents’ Association, feels the regulator's plan to simplify insurance rules will ease the burden of red tape for the trade body's members.
Lloyd’s hails US repeal as win for insurance
Lloyd’s has welcomed the US decision to repeal Section 899 from the reconciliation bill, claiming the move is a boost for international insurers operating in the American market.
Vote for The Industry Impact winner at the 2025 British Insurance Awards
The voting is now open for you to decide who should be the recipient of the Industry Impact Award at the 2025 British Insurance Awards.
Can the FCA fix the premium finance problem?
News Editor’s View: As the Financial Conduct Authority prepares to publish the initial findings of the premium finance market review, Scott McGee asks what options does the regulator have to fix the “tax on being poor”?
How and why businesses should embed sustainability in procurement
View from the Top: Patrick Piggot, head of procurement at Markerstudy Group, looks at the benefits of sustainable procurement and how companies can ensure they’re hitting the mark.