Regulation
FCA warns of Broker Insurance Services clone
Regulator detailed that the clone has set up its own phone number, email address and is using a different address to the real firm but the 'clone' has refuted the warning.
FCA updates no deal Brexit guidance
EEA firms passporting into the UK must apply to the temporary permissions regime by 30 October.
Opinion: Ethics consultant Duncan Minty on the FCA's radical approach to regulation
Taking a radical approach: Duncan Minty asks if brokers are on the threshold of predictive supervision?
"Golden age for brokers" as FCA cracks down on dual pricing
Consumer Intelligence CEO Ian Hughes points to opportunities for brokers as the industry deals with the "crack cocaine" of insurance, dual pricing.
Blog: Next steps for the insurance sector as FCA cracks down
Former head of GI at the FCA, Michael Sicsic, reflects on the regulator’s interim report into dual pricing.
FCA denies dragging feet on dual pricing
Christopher Woolard outlined the findings of the regulator’s general market study into pricing and pledged to examine industry impact of the recommendations.
Market warns of "unintended consequences" following FCA dual pricing study
The sector has welcomed further consultation on the proposals which include a potential ban on dual pricing.
FCA considers ban on dual pricing practices
Regulator publishes interim findings in its general insurance pricing practices market study and states that the home and motor insurance markets are not working well for customers.
Brokers welcome IDD impact
The Insurance Distribution Directive has been in force for one year.
FCA updates temporary transitional power directions ahead of Brexit
Regulator says firms do not generally need to prepare now to meet the changes to their UK regulatory requirements connected to Brexit.
One Call’s Radford launches motor broker
Home and motor broker, Yoga, has been set up almost two years after Radford and One Call were fined for client money failings.
Ofsted finds shortcomings in Wiser Academy's apprenticeship scheme
Wiser Academy CEO welcomes feedback and says changes will be implemented by the end of this month.
FCA pushes back publication of dual pricing report
New publication date of the research is October 2019 and the completed report is due during December 2019.
Quizzical questions: 6 September 2019
Test your knowledge of the week's news with our topical quiz.
FCA warns of two fraudulent insurance firms using social media
Fast Camel Car Insurance and @carinsurance.lltd are not authorised by the regulator.
FCA announces chair of small business practitioner panel
Marlene Shiels OBE will succeed Craig Errington as the panel’s chair on 1 October.
Research uncovers SME worries over regulation and cyber
Independent research published by Allianz highlighted the wider role of the broker.
FCA warns of Close Brothers clone
Fraudsters are using Close Brothers' details to trick people in the UK.
FCA urges CMCs to raise advertising standards
The watchdog, which took over regulation of claims management companies in April, says it has found widespread bad practice after reviewing 200 CMC adverts.
The Insurance Age Podcast: 23 August 2019
The Insurance Age team unpick the most recent and most popular stories.
Is the sector suffering an attack of the clones?
Insurance Age takes a look at the recent spate of cloned firms targeting the industry as experts urge brokers to be vigilant.
FSCS declares broker in default
Westbury Capital Partners specialised in home and contents, motor and travel insurance as well as high net worth.
FOS funding consultation closes today
Organisation proposes funding overhaul as it expects to become smaller organisation after the 29 August deadline for PPI complaints.
ACSO urges government to protect vulnerable road users
The claimant trade body wants the government to take FCA's guidance on vulnerable customers on board.