Changes made to the regime will be implemented on 9 December 2019, the same date that brokers will start to have to comply with the rules by.
Now4Cover has moved the customers to Gibraltar-based provider Red Sands.
Move reflects the extension of Article 50 and guidance remains the same despite the timeline change.
Insurance Cares: CEO Keith Richards reminds the market that understanding vulnerability is a long learning process.
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.”
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Insurance Cares: Watchdog says it will implement measures to ensure consumers are treated fairly.
The Insurance Age editorial team dig into this week's top stories.
Collapsed Danish insurer's latent defect policyholders will now be covered by a new, solvent insurer.
The much-debated discount rate was reset at -0.25% this week, but how did we get to this point and what is the background to this highly explosive issue? Insurance Age outlines the key touchstones
The aggregator is the latest firm to be targeted by fraudsters.
Company says it had believed the rate would end up between 0 and 1%, as Biba states move to -0.25% is "nowhere near enough".
The Lord Chancellor and Justice Secretary, David Gauke, eventually settled on a minus 0.25% Ogden rate.
Consultation includes proposals to signpost details of travel insurance firms who can cover consumers with more serious conditions.
Broker has had its deadline extended several times, but FSCS says "good progress" has been made in recent days.
The increase is not as generous as many had expected.
Report slams the loyalty penalty among other issues to be tackled in the financial services, water, energy and telecoms sectors.
Fraudsters are using the details of Alternative Insurance Brokers to trick consumers.
Scheme publishes forecasts for the 2019/20 levies, with over half of companies paying less than £50.
The regulator made a £25.4m surplus but struggled to appropriately remunerate female and ethnic minority employees.
Don’t get caught out: The insurance industry needs to keep an eye on the FCA’s ongoing initiatives, writes Chris Chapman
Trade body calls for input from members as it gears up to respond to the government.
The digital code of ethics is the latest modernisation measure at the body.
Regulator says the unrated Danish provider has a solvency ratio of 105% after assessment.