Regulation
FCA grants more SMEs access to FOS
Regulator also consulting on raising maximum compensation limit to £350,000.
Dual pricing – the “crack cocaine” of insurance
Experts respond to the Citizens Advice super complaint.
Opinion: Salient Solutions director Clare Ryder on the changing face of insurance
Ringing the changes: Is insurance facing the same old problems? Clare Ryder revisits the market
Bupa fined £175,000 over data security
The Information Commissioner’s Office punishes the provider after customer data ended up for sale on the dark web.
Podcast: The top five stories of the week
Insurance Age's news editor and reporter discuss the top stories for the week commencing 24 September.
FCA warns of clone firm Minsura Insurance
Car insurance fraudsters targeting people in the UK in online scam.
More than a quarter of brokers still unaware of IDD as October deadline looms
Only 8% of brokers say they “know everything they need to know” ahead of new legislation coming in on 1 October.
Biba expands political team with new role
Martin Bridges becomes corporate affairs manager with Shaune Worrall recruited as technical services manager.
Blog: Regulation and non-domiciled insurers
Nick Garner, of Financial and Legal Insurance, examines the FCA guidance on due diligence and argues that non-UK domiciled providers are not monitored with the rigour they should be.
Broker named on FSCS insolvency list
Organisation declared six financial firms in default in August 2018.
FCA warns on clone of Direct Line’s UK Insurance
The genuine authorised firm does not sell to the public through the brand.
Quizzical questions: 14 September 2018
Test your knowledge of the week's news with our topical quiz.
Danish legal changes to affect FSCS-style claims come January
Another Alpha would hit UK insurers but policyholders would still be compensated.
FCA issues guidance to brokers on insurer due diligence
Regulator planning further work to check brokers are taking appropriate action.
Government raised £6bn from IPT last year
Insurance Premium Tax haul exceeded expectations due to growth of new insurable threats.
FCA confirms One Call’s fine and £4.7m hit
John Radford’s £468,600 fine also confirmed.
FCA appoints Sheldon Mills as director of competition
Mills will be responsible for delivering ongoing wholesale insurance broker study.
Myth or Reality? The big bad world of big data
Tony Tarquini of Pegasystems shares his view on how AI is changing insurance as well as the opportunities and potential pitfalls for brokers.
Industry calls for urgent action as government publishes no-deal Brexit guidance
Experts say contract continuity is key concern as no deal scenario is described as "unthinkable" by the insurance sector.
Ignition Select declared in default by FSCS
The FSCS will step in to help consumers affected by the collapse of the broker which went into administration last year.
Podcast: The top five stories of the week
Emmanuel Kenning and Jonathan Swift share their views on the most clicked on articles by brokers.
FCA confirms 1 November start date for affordability tests
Premium finance firms tell brokers they are ready for the changes.
FCA’s GDPR bill to hit almost £4m
Regulator spent £1.8m getting ready for the data regulation change.
Podcast: The top five stories of the week
Emmanuel Kenning and Sian Barton explore the stories that hit the headlines this week.