New UK Insurtech Board aims to help start-ups partner with incumbent insurers and brokers.
But broker warns of the threat of underinsurance if the UK leaves the EU without a withdrawal agreement as businesses stockpile.
Trade body urges brokers to make noise to stop fresh IPT rise in the Autumn Budget.
Insurance Premium Tax haul exceeded expectations due to growth of new insurable threats.
Biba head of compliance and training David Sparkes welcomes the delay and urges the FCA to publish its final rules.
New group, part of the Fintech Delivery Panel, will focus on needs of InsurTech startups
EU ambassadors confirmed that the council has agreed to delay transposition of the Insurance Distribution Directive.
She argued that the sector is in a “chronic state of uncertainty” and criticised the “inaction” of the government for failing to provide answers.
Regulator follows up on Treasury announcement.
Move follows the European Commission’s proposal to push back the application date to 1 October 2018.