’The government has the opportunity to make some specific interventions to help ease the financial burden on customers and help with the issues that we are seeing,’ says chief executive
Insurance DataLab hazards an estimate at what other lines of business could face the same treatment as Gap insurance from the regulator
’That flight to quality that we’ve seen across the insurance industry in the past few years has become more important, especially in travel insurance,’ says chief executive
The Labour party already has motor insurance premiums in its sight – but how long until home insurance starts to face the same level of scrutiny?
The role of the broker should be ‘to absorb complexity and convey simplicity’ – but today’s disconnect between customers and the profession provides a broadening challenge to achieving this aim
’Gap is an important product for vehicle owners and we intend to ensure it stays that way,’ says owner
’Buildings insurance complaints have been steadily on the rise for some time,’ says director of insurance
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
With claims service still flagging, the regulator has put its foot down in its latest report, claiming that the industry’s ‘failings have led to harm’
’We will act if we find that the market is not working well,’ says executive director
Insurance Times asks industry experts about where the FCA can simplify its rules to avoid duplication with Consumer Duty regulation
However, ’a reduction in IPT is unlikely at the Autumn budget,’ says head of insurance consulting
Brokers must support company directors to ensure they are not ‘left to their own devices’ around incoming regulation, as implementation uncertainty can cause D&O claims
Litigation funding has the potential to ‘drive bad claims further than they should go’, warns law firm partner
The new name ’conveys the role of AI in risk and regulatory compliance tasks, tying directly to the Regsearch brand and enhancing our recognition and authority in the industry,’ says chief executive
With tinnitus injuries attracting anything up to £90,000 in claim payouts, squashing fraud in this area is vitally important in protecting both policyholder and insurer purse strings
’This further expansion is testament to the success of our Leeds office,’ says chief executive
As the new government looks to raise money, could IPT be a target for increased rates?
Personal injury discount rate review could be telling for market participants amid Labour’s ambitions to reduce premium costs
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner