Financial Conduct Authority

Read all of the latest news related to the Financial Conduct Authority that insurance professionals need to know!

Delegated authority data quality is everyone's problem
As MGA growth puts more pressure on delegated data, brokers and carriers are investing in faster ways to process it
Delegated authority data quality is everyone's problem
IUA backs Consumer Duty carve-out but warns fair value duplication will persist
Trade body also resists plans to scrap remuneration disclosure, warning it could encourage undisclosed commission
IUA backs Consumer Duty carve-out but warns fair value duplication will persist
India moves to rein in insurance commissions just as foreign insurers are handed the keys
The regulator wants hard caps on what banks, brokers and agents earn. Aviva and Bupa, which have just deepened their bets on India, will be watching closely
India moves to rein in insurance commissions just as foreign insurers are handed the keys
DARAG's Soteria transfer completes an 18-month process - as the industry questions Part VII's cost
Soteria's book moves to DARAG from Sept 30
DARAG's Soteria transfer completes an 18-month process - as the industry questions Part VII's cost
Markerstudy owner opens the door to a buyer
The London-listed firm that owns the insurer has started early talks that could see it taken private, raising fresh questions about one of UK personal lines' biggest groups
Markerstudy owner opens the door to a buyer
Why experience and expertise matter more than price in an MGA
Renovation Underwriting’s Douglas Brown on why price alone shouldn’t decide which MGA a broker trusts with complex risk
Why experience and expertise matter more than price in an MGA
Co-op's insurance and funeral arms do heavy lifting as it climbs out of cyberattack hole
Life services out-earned the rest of the group in the first half, with insurance profit up 20%, while the bill for last year's uninsured hack still hangs over the mutual
Co-op's insurance and funeral arms do heavy lifting as it climbs out of cyberattack hole
Just two new brokers in three months: is Britain's insurance red tape really being cut?
The FCA is cutting rules, but barriers to entry remain
Just two new brokers in three months: is Britain's insurance red tape really being cut?
Repeat Nats failures draw regulatory scrutiny to travel cover
Consumer Duty's fair value test has a new candidate, and it isn't a pricing model
Repeat Nats failures draw regulatory scrutiny to travel cover
FCA: Protection market works, but awareness gap remains
Nearly six in ten adults hold no life insurance, critical illness or income protection cover, and most have simply never thought about it
FCA: Protection market works, but awareness gap remains

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Delegated authority data quality is everyone's problem
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Helios H1 profit more than doubles as 2024 Lloyd's year withstands record losses
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