Financial Conduct Authority (FCA)
The Financial Conduct Authority is the conduct regulator for 59,000 financial services firms and financial markets in the UK and the prudential supervisor for 49,000 firms, setting specific standards for 19,000 firms.
FCA cancels insurance distribution business’ permissions
The Financial Conduct Authority cancelled Professional Liability Network’s permission to carry out regulated activities on 11 September 2026.
Broker hit for £250,000 – FOI reveals insurance sector’s S166 bill
A Freedom of Information request by Insurance Age has revealed the amount spent by a broker, and insurers, on Financial Conduct Authority-mandated skilled persons reviews that completed in 2025/26.
Insurtech in five-strong FCA innovation and scale-up cohort
Insurtech Urban Jungle has joined the Financial Conduct Authority’s scale-up unit, with the watchdog promising tailored support to help it innovate, navigate regulation and grow sustainably.
James Hallam steps in as Anthony Jones appoints liquidator
Insurance broker Anthony Jones has appointed joint liquidators, with customers being offered an option to transfer to James Hallam.
Why The Mills Review is the AI starting pistol for brokers
Most coverage of The Mills Review, published on 6 July, has focused on what it does not do. There is no new AI rulebook, no new obligations and nothing specific to implement. But that somewhat misses the point, writes Robin Knowles, compliance consultant…
FCA highlights Bluefin fine as it warns on vertical business model transparency
The Financial Conduct Authority has published advice on how general insurance firms should manage potential conflicts of interest coming from vertically integrated business models.
Brokers Alec and Robert Finch banned by the FCA
The Financial Conduct Authority has banned a broking father and son following fraud and misuse of client money.
Insurers rally around FCA halted broker Anthony Jones’ customers
Insurers have rallied around the customers of paused broker Anthony Jones, promising to minimise disruption and honour existing policies.
Ex-CEO John Neal broke Lloyd’s rules – investigation finds
Following an investigation, the Council of Lloyd’s today concluded the conduct of the former CEO of Lloyd’s John Neal, “fell significantly below the standards expected of [its] senior leaders”.
FCA sounds the alarm on cloned Colchester broker
The Financial Conduct Authority has reported fraudsters have been impersonating Colchester-based Gate Insurance with a clone, in a warning issued yesterday [20 July].
Kent broker halted from doing regulated activity by the FCA
The Financial Conduct Authority has today announced Anthony Jones has agreed to stop carrying out any Part 4A permission regulated activity, meaning it can't provide any services on behalf of an insurer.
One Sure first broker to roll out with AI programme from CDL
Freedom Insurance has become the first UK broker to join CDL’s AI Inside Accelerator programme and has gone live with AI-enabled self-service capabilities, Insurance Age can reveal.
FOI: Brokers make up almost 50% of cloned firm warnings over past decade
The Financial Conduct Authority has warned of 48 personal and commercial lines insurance intermediary clones in the past 10 years, a Freedom of Information by Insurance Age has revealed.
FCA headcount rises to 5,510
The Financial Conduct Authority grew group headcount from 5,379 to 5,510 its report and accounts for the year ended 31 March 2026 has revealed.
FCA head of insurance surprised by consumer AI buying appetite
Andrew Ruddle, head of insurance market analysis and policy at the Financial Conduct Authority, has expressed surprise at the result of The Mills Review released this month as he also looks to increase cyber insurance take up.
Over half FCA’s Consumer Duty enforcement cases target insurance firms
The Financial Conduct Authority has 11 ongoing investigations into potential breaches of the Consumer Duty, over half of which are in the insurance sector, as the third anniversary of the regulation looms.
FCA cancels broker permissions
The Financial Conduct Authority has cancelled Tony Tyler Insurance Services’ permission to trade.
FCA research reveals AI usage levels among insurance consumers
When it comes to the future use of artificial intelligence, insurance ‘resonates the most’ with consumers who see ‘clear benefits’ in saving time, money and making better decisions, according to research commissioned by the Financial Conduct Authority.
FCA review finds ‘already consumer appetite for the use of agentic AI’
Artificial Intelligence may move insurance closer to the point of need and automate shopping and claims guidance, with impacts on intermediation and challenges for firms as they increase the level of AI autonomy.
FCA confirms broker funding bill to rise by more than average
The Financial Conduct Authority has confirmed the broking sector will pay 1.3% more in fees in 2026/27 compared to the current financial year.
Experts welcome FCA insurance rules simplification but urge further to go
Insurance specialists have endorsed the Financial Conduct Authority’s pincer movement to strip back the insurance rule book and get rid of ‘box-ticking’ exercises, but urged the regulator to go further.