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...
Freshfields Risk & Compliance
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Bringing a contractual claim following the successful conclusion of an M&A transaction is sometimes unavoidable. It is important to...
The UK is widely seen as a leading insurtech market and is recognised to be at the forefront of a number of innovative developments...
The big opportunity Harnessing big data and the power of artificial intelligence (AI) may be a match made in heaven for the insurance...
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...
2021 has seen ESG become a priority topic for many insurers, who have already taken significant steps to commit to more ethical and...
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....
Against the background of a range of recent action, the FCA has published its findings on whether insurance firms are living up to its...
The Financial Conduct Authority (FCA) is consulting on proposed updates to its Finalised Guidance, FG18/4: The FCA’s approach to the...
For many insurers the UK’s exit from the European Union coupled with the ongoing economic uncertainty arising from the pandemic has...
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...
On 22 September 2020 the FCA published its final report on General Insurance Pricing Practices (available here), building on the interim...