Industry experts say firms need to focus on fair value after the regulator reveals plans to be tough and forward-looking.
It has been developed to protect the interests of Biba members and panellists include software houses.
The business, which claimed £614,000 furlough cash in 2020, was snapped up by Arch Re earlier this year.
Insurance Age talked to brokers to find out what their plans for returning to the office are and what long term impacts they believe the pandemic will have on working environments.
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.
Watchdog to focus on innovation and tackling misconduct as it aims to to become a "forward-looking, proactive regulator".
It is the broker's second deal since it was bought by GRP in 2018.
The collaboration is said to focus on insurance solutions for non-owned fleets in areas such as peer-to-peer vehicle sharing, on demand delivery, ridesharing, vehicle leasing, micromobility, and autonomous vehicles.
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The move follows Markel joining the panel of the Global Risk Partners network last month.
Stay up-to-date with the latest job changes in the world of insurance.
Research from Ecclesiastical reveals the biggest threats specialist brokers are facing as well as why they believe being niche gives them a competitive advantage over other brokers.
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
But the deal is still on hold as a November trial looms in the United States and the New Zealand Commerce Commission also raises competition concerns.
Data from Consumer Intelligence also suggested the FCA dual-pricing regulation would see the industry experience a hard market once more.
Linkscover provides insurance to many golf clubs in the UK.
The business suggested low claims frequency and unusually positive developments in the cost of bodily injury claims will boost its half year figures.
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CEO Phil Barton reveals how the recent Kudos deal came about and discusses how the purchase of a loss adjuster will enhance the broker's client proposition.
Group CEO Nick Houghton discusses how the Bickley deal came about and reveals plans to acquire 10 to 15 more businesses in the next three to five years.
Rock will continue to be managed as a standalone business under the leadership of MD Antony Martin.
The trade body was forced to cancel its conference last year and make redundancies but said that due to managing funds “cautiously” it was able to return a small surplus.
The software house also revealed an increase in operating profit for the year.
Specialists have discussed the issues surrounding client money handling, highlighting what the Financial Conduct Authority and brokers ought to do in order to avoid non-compliance.