by Kenneth Underhill | Apr 29, 2020 | Coronavirus, FCA, Governance, Insurance Distribution Directive, Lloyd's, Operational Resilience, Product Governance, Prudential Regulation Authority, Senior Managers and Certification Regime
Contents: The Short Term The Long term Risk Management Governance Product Governance and Underwriting Capital Modelling Operational Resilience Recovery and Resolution Planning Economic Climate Summary: A Market Solution Introduction The current coronavirus pandemic,...
by Kenneth Underhill | Feb 19, 2020 | Brexit, FCA, ICSR News, Insurance Distribution Directive, Lloyd's, Operational Resilience, Pricing, Product Governance, Vulnerable customers
Released this week, ‘Sector Views’ is the FCA perspective on “the way the financial environment is changing and the impact of these changes on consumers and market effectiveness.” It gives us a clear indication of the areas where the FCA see potential risk of harm to...
by Kenneth Underhill | Oct 28, 2019 | FCA, ICSR News, Insurance Distribution Directive
Last month Lloyd’s issued its eagerly awaited report on the implementation of the Insurance Distribution Directive (IDD) in the Lloyd’s Market. The report is not extensive and is worth a read if you are doing retail and SME business in that market whether as a...
by Kenneth Underhill | Oct 16, 2019 | FCA, ICSR News, Insurance Distribution Directive, Pricing
In the fourth quarter of last year a Supercomplaint was raised by Citizens Advice with the Competition and Markets Authority raising issues in relation to a number of products offered within the Financial Services industry primarily in relation to pricing...
by Kenneth Underhill | Jul 9, 2019 | FCA, Insurance Distribution Directive
Since the issue of the FCAs’ papers on value in the distribution chain in April this year ICSR has been involved in a number of discussions and debates with clients and others about what the impact is on current practice and how firms can meet their obligations. These...
by ICSR | Jul 3, 2019 | Brexit, ICSR News, Insurance Distribution Directive, Kenneth Underhill, Senior Managers and Certification Regime
“Regulatory and Compliance changes: how to cope” – An interview with Kenneth Underhill. Ahead of the MGAA Conference on 2nd July 2019, ICSR Director Kenneth Underhill spoke with Intelligent Insurer about the regulatory and compliance changes...
