Regulation
Manifesto 2026: Biba calls for new Financial Services Bill
The British Insurance Brokers’ Association has launched its 2026 Manifesto titled ‘Economic Resilience’, calling on the government to introduce a new Financial Services Bill in early 2026.
FCA’s home and travel super-complaint response triggers praise and warnings from experts
Industry specialists have praised the clarity and transparency of the Financial Conduct Authority’s response to the Which? super-complaint about the ‘broken’ home and travel insurance markets but warned the actions may not “get to grips” with “growing…
End of Year Review 2025: UKGI’s Jill Hambley
Jill Hambley, MD of the consultancy division at UKGI reflects on the shake-up at the FCA, the potential non-financial misconduct debacle at Lloyd’s, and shows an aptitude for using Gen Z terms.
Gallagher boss Rea to replace Aon’s Kielty as Biba deputy chair
The British Insurance Brokers’ Association has announced that Michael Rea, Gallagher’s UK CEO, will be the association’s next deputy chair.
FCA commits to expanded work in response to Which? super-complaint
The Financial Conduct Authority has promised to do more work on improving claims handling and consumer understanding of cover in light of Which? hitting the watchdog with a super-complaint about the ‘broken’ home and travel insurance markets.
End of Year Review 2025: Premium Credit’s Owen Thomas
Owen Thomas, chief sales officer at Premium Credit, applauds how Biba and the FCA have collaborated this year, suggests a top 5 commercial insurer might get snapped up in 2026 and predicts great things for Lee Mooney at Markel.
Non-Financial Misconduct rules and what they mean for the insurance Christmas party
Isabella Macfarlane, head of London Markets at Insurance Compliance Services, outlines how incoming NFM guidelines may work in practice as we head into the busy Christmas party season.
Experts underwhelmed by FCA insurance rules simplification
Market specialists have given a lukewarm welcome to the Financial Conduct Authority’s changes to the insurance rule book, flagging missed opportunities, disappointments and branding the outcome as unlikely to get pulses racing.
FCA confirms insurance rules simplification
The Financial Conduct Authority has confirmed changes to simplify its rules for brokers and insurers including ongoing training and product reviews and revealed further plans for next year.
With Brewis and Mills gone, what can brokers expect from the FCA in 2026?
Compliance experts are hoping for a slowdown and simplification of rules from the Financial Conduct Authority throughout 2026 following Matt Brewis and Sheldon Mills exit from the regulator. Rosie Simms reports.
Q&A: Paul Anscombe, retiring CEO of Seventeen Group
After over 40 years as a broker, Paul Anscombe is retiring from Seventeen Group this month. Ahead of his exit he shares his reflections on growing businesses from scratch, leaving the group in safe hands and why he is optimistic for the sector.
Broking Success: BG Insurance group chief operating officer Uwais Patel
BG Insurance, part of Well Dunn Group, is looking to become the number one driving instructor broker, as it targets double digit GWP, according to Uwais Patel, group chief operating officer.
FOS plans to hike levies to £86m
The Financial Ombudsman Service has opened a consultation on raising its compulsory levy from £70m to £86m in 2026/27 having kept it flat for two years.
FCA insurance skilled person investigations tick up again
The Financial Conduct Authority commissioned two skilled person reports in the insurance sector during the second quarter of 2025/26, following on from one in Q1 and a recent record total in 2024/25.
FCA reveals green sweep for broker-related authorisations
The Financial Conduct Authority achieved across the board success in its broker-related authorisation categories between July and September, its first ‘green sweep’ in the data series.
FCA updates on Premier Insurance Company administration
The joint administrators of Premier Insurance Company Limited plan to end policies on 1 December 2025, meaning customers must arrange alternative valid insurance cover for their vehicles, the Financial Conduct Authority has confirmed.
FSCS reveals early forecast of no broker levy in 2026/27
The Financial Services Compensation Scheme has indicated brokers will not have to pay a levy in 2026/27 which would keep the rate at zero for the fourth year in a row.
FCA issues warning of Close Brothers clone
The Financial Conduct Authority has issued a warning of fraudsters trying to scam people as a clone of Close Brothers.
Blog: Future-proofing your broking business starts with the back office
As regulatory scrutiny intensifies, the ability to demonstrate financial control and system integrity can provide brokers a tangible competitive advantage, argues Chris Stout, a director at PKF.
Allianz: UK public the most concerned in Europe about automated vehicles
People in the UK are the most concerned in Europe about automated vehicles, i.e. self-driving cars, according to a new survey.
Blog: The EU–UK AI regulation gap and its implications for UK insurance brokers
As artificial intelligence regulations diverge between the UK and EU, Claud Bilbao, regional vice president for underwriting and distribution at Cowbell UK, discusses the importance of understanding AI usage to advise clients effectively, highlighting…