The FCA has taken the opportunity of its latest Regulation Round-up email to remind insurers and intermediaries of their duty to ensure that risk transfer agreements are properly in place. In particular, the regulator said it has seen instances where Terms of Business...
With just days left for UK negotiators to secure a trade deal with the EU before the transition period ends on 31 December, our industry has little choice but to work on the assumption that there will be no deal – or, at best, a very thin deal. Most brokers have...
The FCA issued a reminder late last month stressing that firms have until 3 December to complete a review of the value offered by their products, taking account of the impact of coronavirus. This relates to guidance issued by the FCA back in June highlighting the...
The ABI has collaborated with the National Flood Forum to produce a guide for UK homeowners explaining how to reduce and mitigate the risk of flooding and what to expect from their insurance providers. With winter approaching, the guidance is timely. More than 5.2...
The FCA has added a page to its website that brings together brief descriptions and links to dedicated Brexit websites hosted by financial regulators in EEA member states. This useful list, while not exhaustive, will be updated as the regulator becomes aware of other...
If it’s on your website, anyone can see it. That includes your clients and your competitors. It also includes the regulator. In which context, you might want to ask yourself this: how confident are you that there’s nothing on your firm’s website that...
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