UKGI Ltd is delighted to announce that it has completed on the purchase of Think Compliance's book of regional clients, effective from the 2nd September 2024.
Blog
FCA calls on insurers and brokers to demonstrate fair value and good customer outcomes
Following a thematic review, the FCA has identified widespread shortcomings in general insurance and pure protection manufacturers’ and distributors’ product and oversight arrangements, noting it is “very disappointed” that many firms are failing to meet their regulatory obligations under PROD 4 and ensure and evidence that products offer fair value to customers.
Cutting out the Jargon – Avoiding Corporate Language in the Workplace and Beyond
In this article, we discuss how jargon can be a language barrier for individuals within the industry as well as ways for mitigating jargon from the workplace and communication with customers.
Majority of Consumers Experience Price Increases on Renewal
Research published by the Financial Services Consumer Panel reveals that the majority of consumers experience a price increase for their insurance renewal across products, but that 85% of consumers who negotiated renewal price secured a reduction.
Sandwich shop to offer 'seagull insurance' to customers robbed of toasties
A popular sandwich shop in St Andrews, ‘The Cheesy Toast Stack’ is offering an innovative countermeasure which offers protection for consumers against theft by seagulls.
FCA ban and fine dishonest broker
The FCA has banned Martin Sarl from working in the financial services industry and fined him £5,021 for acting without honesty and integrity.
Getting an Appointed Representative application approved by the FCA: what is involved?
The AR model can deliver significant benefits if operated correctly. This article explores the various stages involved in getting an AR application approved by the FCA, the regulator’s requirements and key considerations for firms looking to navigate the process smoothly and avoid delays.
What the UK riots mean for insurers
This article explores key considerations for insurers in the wake of the riots that swept the UK in the last two weeks.
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.