Jul 03, 2024 Consumer Duty for insurers: One year on By Priti Lancaster George Swan Lauren Honeyben The Consumer Duty (the Duty) came into force for open products and services on 31 July 2023. It has had a significant impact on the way...
Apr 16, 2024 Tax Indemnity Claims: Complying With the Notice Provisions in ‘Full-Recourse’ and ‘W&I-Backed’ M&A Deals By Emily Szasz Laura Western Bringing a contractual claim following the successful conclusion of an M&A transaction is sometimes unavoidable. It is important to...
Nov 22, 2023 2024: The next stage in the insurtech market evolution By Priti Lancaster George Swan Andy Robinson The UK is widely seen as a leading insurtech market and is recognised to be at the forefront of a number of innovative developments...
Nov 30, 2022 Insurance, big data and AI – a match made in heaven? By Priti Lancaster George Swan Andy Robinson The big opportunity Harnessing big data and the power of artificial intelligence (AI) may be a match made in heaven for the insurance...
Sep 30, 2022 The UK FCA’s latest ‘Dear CEO’ letter: insurers, consumers, SMEs and the cost of living crisis By Kevin Whibley The anticipated cost of living crisis is here, and yesterday’s ‘Dear CEO’ letter to insurers confirms the FCA’s return to a theme it...
Nov 24, 2021 Insurance: adapting to the ESG framework and innovating to stay ahead By Priti Lancaster George Swan 2021 has seen ESG become a priority topic for many insurers, who have already taken significant steps to commit to more ethical and...
Oct 07, 2021 Future Runnings: What’s in store for run-off insurers By Priti Lancaster Lauren Honeyben Despite the maturing legacy and run-off market in the UK, the market continues to grow rapidly – a trend we are set to see remain....
Sep 24, 2021 FCA review on insurance product value: a timely warning to insurance firms By Kevin Whibley Emily Smith Fran Kaehr Nilsu Acikada +1 more... Show less Against the background of a range of recent action, the FCA has published its findings on whether insurance firms are living up to its...
Jul 14, 2021 Insurance regulation: Part VII guidance consultation - 14 July 2021 By Priti Lancaster George Swan The Financial Conduct Authority (FCA) is consulting on proposed updates to its Finalised Guidance, FG18/4: The FCA’s approach to the...
Jun 01, 2021 Insurance regulation: themes for the year ahead By Priti Lancaster For many insurers the UK’s exit from the European Union coupled with the ongoing economic uncertainty arising from the pandemic has...
Mar 17, 2021 Insurance regulation: The PRA seeks more control over the post-Brexit framework By George Swan Priti Lancaster On 16 March 2021 the PRA published a speech given by Sam Woods, Deputy Governor of the Bank of England and CEO of the PRA, with some...
Dec 09, 2020 FCA's reform of insurance pricing – is home and motor insurance just the beginning? By Emily Smith Priti Lancaster Kelley Macpherson On 22 September 2020 the FCA published its final report on General Insurance Pricing Practices (available here), building on the interim...