Compliance
Opinion: Branko Bjelobaba on why there are no excuses for getting renewal transparency wrong
If brokers can’t get renewal transparency right, what else are they getting wrong? Branko Bjelobaba asks
Opinion: David Sparkes on why delaying the Insurance Distribution Directive is a good thing
Delays are not often welcome, but in the case of implementing the Insurance Distribution Directive it’s the best possible outcome, explains David Sparkes
Blog: Despite the IDD delay brokers have a lot of work to do
Ann Peel, technical consultant at Insurance Compliance Services, urges brokers to take action ahead of the implementation of the Insurance Distribution Directive.
Bluefin’s £4m fine should serve as “wake-up call” for brokers, say experts
Compliance specialists say brokers need to ensure there are no conflicts of interest.
Blog: Cyber risk at the fore: insurance brokers must lead by example
GovNet's David Roberts urges brokers to be prepared for GDPR.
Video: Switched on - IDD with Ann Peel
Insurance Age meets Insurance Compliance Services' Ann Peel in the first 30 second interview of a new series.
InsurTech Futures: Risk v Reward – how brokers can get the most from InsurTech
CMS partner Ian Stevens discusses opportunities and legal obligations for brokers in InsurTech.
New compliance consultancy launched
Service on offer to general insurance brokers.
Insurance Cares: How to identify vulnerable customers?
RWA’s Kirk Ford advises how to identify customers who may be struggling and offers guidance on treating clients fairly.
Secret FCA warnings issued to brokers revealed
The regulator confirmed that 18 senior broking executives received private warnings between 2011 and 2017 compared to one insurer boss.
News analysis: Brokers urged to check FCA warnings
Regulator’s list of unauthorised firms is “useful and accessible” for brokers, says compliance expert
Opinion: Mike Cranny on regulation
Uncertain times: Parliament and the regulator have been busy recently, but the best best way to cope with the uncertainty is “business as usual”, says Mike Cranny
Experts urge brokers to abide by the rules following Towergate's £2.6m fine
The FCA says it has previously issued warnings to the industry on the importance of complying with client money rules.
Biba 2015 Video: Regulatory Efficiency Gains
Michael Phair, director of Regulatory Efficiency Gains tells all about how its products can help brokers with compliance and risk assessment.
Smaller brokers should prepare for impact of FCA conflicts review
Compliance expert warns that whole market will be affected by review findings.
Biba to consult members over FCA add-on review
Trade body welcomes "sensible" first step.
RWA adds Jelf consultant as new compliance manager
Stokes has been charged with helping brokers meet the regulator's "exacting requirements".
Biba names Flaxmans as preferred claims advocacy partner
Trade body members can access free initial consultation with Flaxmans.
Brokers warned to "be aware" of watchdog's investment review
Warning comes after the Financial Conduct Authority issued investment incentive guidance.
Broker Network adds to BDM, compliance and marketing teams
New staff members will support transformational plans announced last year.
Regulator's gaze falls on wholesale insurance
Regulator is already engaging with insurance trade bodies about wholesale insurance.
UKGI urges brokers to provide evidence of file monitoring
Issues came to light during series of workshops.
Towergate client money issues "unforgivable"
Compliance experts deem long term misallocation of money "worrying".
UKGI to provide compliance support to Aim CoreProtect
UKGI has been appointed as preferred supplier by wholesale broker and trading platform provider Aim CoreProtect.