Compliance & Regulation
Insurance intermediaries increase revenue more than £2bn
Insurance intermediaries saw their total revenue increase by more than £2bn last year - rising 10% from £18bn in 2021 to £20bn. Meanwhile, the total number of insurance intermediary firms declined 4.2%...
Read moreHealth insurance unaffected as Hong Kong introduces risk-based capital regime
Hong Kong’s insurance industry has taken a step towards higher international standards with the passage of a bill that will implement a legal framework for a risk-based capital regime (RBC), according to...
Read moreGovernment outlines increasing use of private sector to tackle NHS backlog
As the NHS waiting list grows to more than 7.5 million people, the government has announced that it will push ahead with its plan to use the private sector to a greater...
Read more40th anniversary of CI: Four decades of evolution from the first policy
Ahead of the 40th anniversary of the launch of the world's first critical illness policy on 6 August, Health & Protection speaks to four of the protection sector's leading lights to chart...
Read more40th anniversary of CI: My Sliding Doors moment meeting the father of critical illness – Timpson
Ahead of the 40th anniversary of the launch of the world's first critical illness (CI) product on 6 August, Health & Protection speaks to Johnny Timpson about meeting Dr Marius Barnard -...
Read moreFCA wants firms to ‘manage risk rather than eliminate it’ as part of advice-guidance boundary review
The Financial Conduct Authority (FCA) has urged firms to provide “flexible forms of support” for customers and to “manage risk rather than eliminate it” as it reviews the advice-guidance boundary. However, the...
Read moreConsultation does not ban ‘warm’ calling but getting consent is key
The government's proposed ban on cold calling does not apply to "warm calling," but is unlikely to be reversed so the protection sector needs to work on getting consent from any existing...
Read moreGovernment consults on cold calling ban for insurance and mortgage products
The government has opened its consultation on banning cold calling for all consumer financial services and products, including insurance and mortgages. In the consultation, entitled Ban on cold calling for consumer financial...
Read moreFCA appoints three panel chairpersons
The Financial Conduct Authority (FCA) has appointed Clare Woodman as chairperson of the FCA markets practitioner panel, Matt Hammerstein as chairperson of the FCA practitioner panel, and Mandy Gradden as chairperson of...
Read moreSubjectivity is biggest ongoing challenge of Consumer Duty – Müdd
The biggest ongoing challenge around Consumer Duty is the subjectivity around its application. This is according to St James's Place (SJP) divisional director Tony Müdd (pictured), who spoke to Health & Protection...
Read moreHAVE YOU READ?
MOST POPULAR
-
How leaders can build more resilient teams – Bupa
-
IPMI Report: Confidence falls below post-pandemic level as adviser incomes slowing
-
Pioneering to prevalence: How cancer has changed the job of protection advice – Scottish Widows
-
‘Hollowing out’ of PMI and protection plans as comparison sites dominate – Daley
-
Beagle Street launches into adviser protection market
