Regulation
Brokers warn dual pricing debate should not focus solely on price
Experts say the FCA should also consider value and quality of service, after the regulator hinted at a potential ban on dual pricing in its interim report.
Broking success: Adam Scott, Amicus Insurance Solution’s founding director and owner
Going for growth: Amicus Insurance Solution’s founding director and owner Adam Scott tells Insurance Age about how his firm is breaking into the North England market
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.
Broker Week: Using technology to thrive
Liz Foster of the CII’s Society of Insurance Broking explores how broker tech can be an enabler of change.
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.
The Society of Insurance Broking reveals plans for the next year
Fair treatment of vulnerable customers will continue to be at the top of the agenda for the CII-led society according to its NED, Liz Foster.
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 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 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.
Is the industry doing enough to stop ghost broking?
With ghost broking back in the news, commissioning editor Laurence Eastham asks a panel of five experts what the industry can do to tackle the problem.
ABI revises criminal convictions guide
The guide has been updated in line with regulation and market practice.
Google: Brokers are an important part of the value chain
We talk with David Black, MD financial services at Google UK, about how the tech giant sees insurance evolving, disruption, and the place for brokers in a tech-led world.
ABI hopes Boris Johnson will focus on regulation as PM
Director general of the ABI, Huw Evans hopes that Johnson will implement an orderly Brexit and aid the industry by “improving the competitiveness of our tax and regulatory environment.”
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
MOJ defends discount rate decision
The government hits back at criticism from the ABI pointing out a rate of between 0-1% was never guaranteed.
The Insurance Age Podcast: 19 July 2019
The Insurance Age editorial team dig into this week's top stories.
Government urges regulators to work together to help vulnerable customers
Report slams the loyalty penalty among other issues to be tackled in the financial services, water, energy and telecoms sectors.
FCA warns of clone broker
Wentworth Insurance Brokers has been cloned by fraudsters.
FCA warns of clone MGA
The regulator says fraudsters are using details of authorised companies to scam customers.
FCA begins regulating CMCs
Regulator aims to drive up standards in the sector as more than 900 claims management companies apply for authorisation.