ICSR Horizons Q3 2024: Our Quarterly Report For Senior Leaders
The Q3 2024 edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. Download your copy now.
ICSR – Monte Carlo ‘Rendez-Vous Revisited’
Kenneth Underhill is flying the flag for ICSR at the Rendez-Vous de Septembre (RVS) this year, returning after a successful trip to the principality in 2023. If you are in Monte Carlo and would like to catch up with Kenneth, do get in touch.
Funded Reinsurance – The Board Perspective On The PRA Supervisory Statement
The PRA have set out their expectations on the future use of funded reinsurance in SS5/24 which took effect from 26th July 2024 – and imposes a relatively short Board assessment and PRA reporting deadline of 31st October 2024. Claire King looks at what it means for boards.
Labour: An Ideological Change In Regulatory Direction?
With no great surprise, we find ourselves with a labour government holding the reigns to power today for the first time in 14 years. Will that usher in an ideological change in regulatory direction for insurance leaders to contend with? Kenneth Underhill considers the issue.
Non-Financial Misconduct – We All Have A Responsibility To Address It
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. Kenneth Underhill considers where responsibility to address the issue lies.
ICSR Acquired By Arthur J. Gallagher & Co. Subsidiary Artex
ICSR today announces that it has been acquired by Arthur J. Gallagher & Co. through its subsidiary Artex, the captive and alternative risk transfer solutions business. Kenneth Underhill and the existing team will continue to lead the business from their existing offices, reporting through to Paul Eaton, CEO Artex EMEA.
Blueprint Two: Proceeding With Assurance Activities
The Blueprint Two programme has published details of the artefacts now avilable in the data room to help market participants undertake their own due diligence on readiness ahead of the October 2024 planned cutover for Phase 1. Benoit Steulet and Claire King look at the next steps firms need to take to proceed with their own assurance testing.
Operational Resilience – The Final Furlong Towards Implementation
The journey for firms on Op Res has been a long one, with the timeframes for demonstrating compliance seemingly rather generous. It has often seemed more like a long-distance canter than a sprint, with firms working towards a deadline of March 2025. As we enter the final furlong of that race, Claire King reviews the requirements.
ICSR Team Participating In London Legal Walk 2024
This year marks 20 years of the London Legal Support Trust 10km Legal Walk – and the 5th year ICSR has supported this great cause. Find out more about why we walk and how you can sponsor ‘Team ICSR’.
ICSR Attends BIBA 2024
ICSR will again be supporting the Managing General Agents Association (MGAA) with its presence at the 2024 BIBA Conference. Matt Davies and Palak Bedi will be in attendance to participate in the debate and represent ICSR.
PRA Business Plan: An Agenda For (International) Growth?
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. Kenneth Underhill and Claire King look at what’s in the 2024 plan.
Webinar Recording: The FCA Business Plan & Strategy 2024/5 – A Look At The Key Points
Watch the webinar recording from 17th April as Kenneth Underhill & Claire King explore the FCA 2024-5 Business Plan in detail, helping firms understand how they need to adapt their approach to regulatory compliance to align with the latest FCA expectations and areas of focus.
