Compliance & Regulation

Price comparison websites can charge insurers and intermediaries multiple times for hosting their products and even do so without completing a sale, according to the British Insurance Brokers Association (BIBA). The trade...

Price comparison websites dominate the consumer insurance market but artificial intelligence (AI) services are becoming increasingly influential, according to the British Insurance Brokers Association (BIBA). The trade body also noted how this...

The Association of British Insurers (ABI) is preparing a “multimedia multi-year” campaign to educate consumers about key terms and elements of insurance products. The trade body revealed the plans at a House...

General Data Protection Regulation (GDPR) is no excuse for obstructing vulnerable protection customers from accessing added value services. This is according to protection industry veteran and Morgan Ash chairman Johnny Timpson (pictured),...

Fairer Finance has warned of a ‘hollowing out’ of private medical insurance (PMI) and protection products to facilitate distribution through price comparison websites. James Daley, managing director of the consumer group, warned...

The Chartered Insurance Institute (CII) has published new guidance to support insurance and personal finance firms in managing data relating to customers in vulnerable circumstances.  The Data Privacy for Customers in Vulnerable...

The Prudential Regulation Authority’s (PRA) new UK captive insurance regime will go live in the middle of next year. This is according to Shoib Khan, director of insurance supervision at the Bank...

Regulators are becoming “quite antsy” on underwriting decisions and the potential for algorithmic biases in insurance is a “very hot topic”, Health & Protection’s IPMI breakfast briefing in association with Flywire has...

Loaded premiums are fine, so long as the protection sector clearly explains to young customers what they are for and what they are paying for. This is according to a panel at...

There are significant issues around consumers with underlying health conditions not being able to access travel insurance. This is according to Matt Brewis, partner in the financial services consulting practice at KPMG...