Insurance Compliance

With the countdown to the implementation of the new Consumer Duty entering its final months, the FCA has published a review on how firms’ approaches to fair value reflect the price and value requirements under the Duty.

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week focuses on the FCA’s Consumer Duty.

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week focuses on  the Requirements of the Insurance Act.

The FCA is proposing new rights and protections for leaseholders to improve the transparency of the multi-occupancy leasehold buildings insurance market.

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week focuses on information gathering and the high-risk factors in relation to changing insurers.

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week focuses on the competence of a broker to offer advice to customers.

The cost-of-living crisis has led to a rise in fraudulent insurance claims. Allianz Commercial has reported an 11% increase in fraud claims costing around £70 million. This article explores the most common methods of fraud that insurance firms need to be aware of. 

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week we really are putting into practice what you have learned as we offer three scenarios and a practical exercise to better understand latent risk. 

This article, provided by guest authors Robin Wood and Roger Franklin, continues our series looking at an insurance broker’s duty of care and improving the quality of your Professional Indemnity risk management. This week focuses on the standard of care and competence that insurance brokers need to demonstrate when carrying out their work.