With the implementation deadline for the new Consumer Duty regulations fast approaching, Insurance DataLab analyses the latest ombudsman complaints figures to see how the industry is performing
With the 31 July 2023 deadline fast approaching, can the general insurance sector properly grasp the opportunities new regulation offers?
The Isle of Man’s Financial Services Authority’s chief executive says she hopes more insurtechs will do ’funky exciting things’ on the island
Industry experts chime in on the advantages and risks of Solvency II
The new executive committee will bring a ‘highly complementary skillset,’ says chief executive
The regulator is seeking views on its new regulatory framework prior to implementation in summer
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
‘ESG is a business imperative for every company,’ warned partner
Aviva plans to ‘invest more into UK infrastructure’, says group chief executive
There are growing concerns over the impact of the chemicals on human health
Insurers understand that regulatory compliance can be ‘painful and time consuming’ for brokers, but they believe that greater collaboration can reduce the admin burden
While insurance has been viewed as ‘behind the curve’ on AI adoption, a ‘significant’ amount of effort has been made to upskill, says technical product lead