Insurance Compliance

So, you have mapped out your data, trained your staff, written your policies, published your statements, checked your consents and created the necessary procedures in readiness for the implementation of GDPR on May 25th.

You can now sit back and relax, right?

RWA Chairman and Compliance Director, Terence Clark, has been elected by his peers to take on the role of Chairman of the professional body for compliance consultancy firms, The Association of Professional Compliance Consultants, or APCC.

RWA Business Development Manager, Nicola Mathias, explains the role a robust Training & Competence scheme plays in meeting regulatory obligations. 

We have seen some parties claim that the IDD has been delayed, but this is not quite correct...

Terence Clark provides an overview of PS18/1 - the FCA's third Policy Statement setting out near-final rules for the implementation of the Insurance Distribution Directive (IDD).

Wouldn't the title 'General Personal Data Protection Regulation' or GPDPR have been more appropriate, to help mitigate the common misconception that, “it won’t apply to me as we only have B2B data.”

Robin Wood reflects on the recent fines levied by the ICO against a professional firm which employed questionable methods to obtain information about an individual making a claim under a commercial insurance contract.

Terence Clark provides an overview of the FCA's latest consultation paper, CP18/03, which aims to give more small businesses access to the Financial Ombudsman Service (FOS).

Read RWA's SM&CR white paper, which provides a summary of the main elements of CP17/40.