Regulation
“Collateral lies” acceptable in claims rules court
Supreme Court decides that “collateral lies” should not invalidate a claim.
No “bonfire of regulation” post Brexit, says FCA chief
Andrew Bailey said he does not foresee a “great bonfire of regulation” as watchdog sets up department to deal with EU exit.
Industry divided over commission disclosure
Brokers call for “ultra-transparency” as ABI questions current market approaches
The broker agenda
Biba’s Steve White explains that with constant big changes for brokers the trade body is already planning for 2017
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
Keep the faith
With ‘utmost good faith’ on the way out, Tony Cornell argues that it could be a case of brokers beware as they have to pay the costs of the Insurance Act
Under the radar
The Enterprise Act could have wide-ranging implications for brokers and claims, explains Stephen Netherway
In or out? Time to decide over EU vote
With the referendum over the UK’s future in the EU looming, Insurance Age gauges how the European insurance community views the vote
Biba 2016: Biba urges industry to embrace the Insurance Act
Trade body launches implementation guide.
Brokers split on Brexit impact
BLM research shows only half of brokers know what impact the Enterprise Bill will have on late claims payments.
Video: Craig Tracey
Broker-turned-MP Craig Tracey explains how his experience from the insurance sector is informing his time in Parliament.
Editor’s letter: May 2016
“Brokers are right to question what has been delivered for them”
Biba welcomes the Enterprise Act
Association says new law is good news for the industry.
Industry tackles Flood Re challenges
Brendan McCafferty hails scheme’s impact and promises further progress
Market split over Brexit referendum
Brokers take their sides although some complain of lack of information with EU vote looming
Why insurers set up in Gibraltar
Gibraltar is subject to the same rules as everywhere else in Europe. Kathryn Morgan explains why insurers really flock to the British Overseas Territory
FCA goes on tour
Regulator aims to talk face-to-face with around 3,000 firms as it meets businesses, including brokers, across the UK.
Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
Expertise from A-Z - Personal injury reform: Shaking up the compensation culture
Three years after reforms, the underlying problems with the compensation system are still prevalent. What can be done to provide tangible change?
GI firms pass stress test
PRA writes to general insurance CEOs with results of stress testing in run up to Solvency II and firms are described as “resilient”.
FCA cancels permissions for two brokers
Both brokers failed to pay their fees and levies to the regulator.
Ex-broker MP backs Brexit
Craig Tracey urges people to consider the options and make their own decision ahead of the EU Referendum.
Tracey McDermott to leave the FCA
Regulator confirms McDermott will leave the organisation on 1 July.
Sam Woods named as new PRA chief
Woods replaces Andrew Bailey who is taking over as CEO of the FCA.