ABI hopes Boris Johnson will focus on regulation as PM

Boris Johnson

Director general of the ABI, Huw Evans hopes that Johnson will implement an orderly Brexit and aid the industry by “improving the competitiveness of our tax and regulatory environment.”

The insurance sector has responded to the appointment of Boris Johnson as leader of the Conservative Party and Prime Minister of the UK.

Current-PM Theresa May is set to hand in her notice to the Queen and step down later today (24 July) with Johnson set to take up the role following her exit.

Both the Association of British Insurers (ABI) and the British Insurance Brokers' Association (Biba) have released statements on the political changes.

Challenges
Director general of the ABI, Huw Evans

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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