by Kenneth Underhill | Sep 6, 2024 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, Insurers, IT, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. You can download your copy of Horizons here.This edition covers:IntroductionThe Longer-term HorizonQ3 2024...
by Kenneth Underhill | Jul 2, 2024 | Compliance, FCA, HR, Lloyd's, Prudential Regulation Authority
In the FCA’s Notice to Provide Information letter of 6th February, it launched a sector-wide information gathering exercise to assess the volume of incidents being reported by individual firms related to acts of non-financial misconduct (“NFM”).It referenced its...
by Benoit Steulet | Jun 6, 2024 | Blueprint Two, Lloyd's
One of the main reasons for the postponement of the Blueprint Two Phase 1 go live from July to October was the need to provide market participants with sufficient time to perform their many regulatory obligations in terms of assurance. Lloyd’s, Velonetic and the IUA...
by Kenneth Underhill | Apr 24, 2024 | Insurers, Lloyd's, Operational Resilience, Prudential Regulation Authority, Risk, Senior Managers and Certification Regime, Solvency
The PRA published its business plan earlier in April and as with the FCA, there is unsurprisingly quite a significant focus on how it will deliver its new growth objectives now these are formally in place. As Sam Woods says in the foreword, it will be the first full...
by Kenneth Underhill | Mar 19, 2024 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Culture, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, ICSR News, Insurers, IT, Kenneth Underhill, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. This edition covers:IntroductionThe Longer-term HorizonQ1 2024 Issues: GeneralFinancial Services Future...
by Benoit Steulet | Feb 22, 2024 | Blueprint Two, Compliance, FCA, Insurers, IT, Lloyd's, Operational Resilience, Operations, Prudential Regulation Authority, Risk
This article was first published by Insurance Day in their Viewpoint section and subsequently also included in their Market Modernisation feature in February 2024. Change is inevitable and our market is constantly managing a whole variety of change programmes, each...
