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 | 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 Palak Bedi | May 12, 2023 | Compliance, Fair value, FCA, Insurers, Multi Occupancy Buildings Insurance, Product Governance
The FCA have published a Consultation Paper (CP23/8 – Multi-occupancy building insurance) detailing their proposed reforms to the multi-occupancy building insurance market. Published on 21st April, the consultation period runs to 9th June and contains a number...
by Kenneth Underhill | Apr 25, 2023 | Consumer Duty, Culture, Environmental Social and Governance, FCA, Financial Crime, Operational Resilience, Product Governance, Senior Managers and Certification Regime, Vulnerable customers
The FCA Business Plan sets the regulatory agenda for regulated insurance firms in the coming 12 months. Released on 5th April 2023, the current plan has a strong focus on the way the FCA uses the Threshold Conditions to instil confidence in consumers. For 2023/4 there...
by Andrew Carrick | Oct 5, 2022 | Compliance, FCA, ICSR News, Product Governance
The recent report by the FCA on Multi-Occupancy Buildings will prompt much thought and activity. Kenneth Underhill has looked at the general issues in his article “FCA Update – Multi-Occupancy Buildings Insurance”. One specific consideration that brokers in particular...
by Kenneth Underhill | Sep 28, 2022 | Compliance, Consumer Duty, FCA, ICSR News, Product Governance
A Warning Shot Across The Bows, Or The Opening Salvo From The Regulator? The FCA has updated insurance firms on its plans for addressing the issues that it has been investigating around the placement of insurance for multi-occupancy buildings following an intervention...
