This article explores key considerations for insurers in the wake of the riots that swept the UK in the last two weeks.
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Average UK home insurance policy rose by 6% between April and June as property insurance pay-outs hit record quarterly high
The average UK home insurance policy rose by 6% between April and June after damage following record claim sums paid out by insurers due to adverse weather in 2023, as the ABI call for the government to bolster climate resilience and flood defence to prevent property damage.
Minister urges insurance companies to process pay-outs quickly for businesses affected by riots
Minister appeals to insurers to process pay-outs quickly for businesses affected by the riots that swept the country in the last couple of weeks.
The Development Zone shares new e-learning course design
In this article, our Learning and Design Specialist, James Best, explores recent considerations made in course design, and how they aim to increase value for learners.
Citizens Advice report calls on FCA to explore insurance ethnicity penalty
Citizens Advice has published a report in which, for the third time, it claimed “people of colour were paying 39% more for car insurance than white people, rising to 42% for Black people.”
FCA publishes suite of proposals on reducing regulatory burdens to support growth
The FCA has issued four publications and invited feedback from the financial services sector to determine whether regulation could be streamlined or simplified to reduce the burden on firms and support growth, whilst continuing to prevent consumer harm.
Approaching monitoring to drive forward good Consumer Duty outcomes- Consumer Support
The last of a series exploring how firms can approach monitoring to drive forward each of the outcomes under the Duty- and evidence this to the regulator, this week’s article will discuss how firms can approach monitoring in relation to the Consumer Support outcome.
FCA Issues Consultation Paper on Commercial Insurance Regulation
The Financial Conduct Authority has issued a consultation paper looking at how Commercial Insurance is regulated.
ASA rules that Healthcare Society ads were misleading
The ASA upheld two complaints against a Health Society’s TV advertisement and radio advertisement, ruling that they were misleading on the basis that they omitted material information regarding their healthcare plan, including key restrictions or exclusions relating to treatment options and availability.