Financial Conduct Authority

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

In the news

Engineering underwriters group joins IUA's London Market fold

CONSTRUCTION & ENGINEERING

Engineering underwriters group joins IUA's London Market fold

The affiliation brings LEG's clauses and training work under the IUA's existing market infrastructure

LMA's new SME wording answers a years-long market request

SME

LMA's new SME wording answers a years-long market request

The Lloyd's Market Association launches plain-language property cover as demand grows and readability research backs the approach

ANV Group buys travel bond specialist AUG

TRAVEL

ANV Group buys travel bond specialist AUG

ANV bolsters travel protection arm as UK MGA consolidation continues

FCA proposes Consumer Duty exemption for overseas wholesale business

INSURANCE NEWS

FCA proposes Consumer Duty exemption for overseas wholesale business

Lloyd's and London Market firms are set to gain long-sought regulatory clarity on overseas business under new FCA proposals

ABI and BIBA back Consumer Duty enforcement at Lords inquiry

CLAIMS

ABI and BIBA back Consumer Duty enforcement at Lords inquiry

Industry bodies tell peers regulation is working but outsourcing oversight and consumer understanding need improvement

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