FCA
116 whitepapers and resources
FCA
Spotlight: The future of pricing - The evolution of pricing
Insurers are coming under increasing pressure to develop new ways of pricing. But, while data and technology hold the key, insurers face some significant challenges. This spotlight looks at the factors insurers need to address in order to achieve pricing improvements.
Spotlight: The future of pricing - Tightening the noose
The dual pricing noose is slowly tightening around the insurance industry’s neck. Its laudable attempts to escape from the regulatory hangman seem increasingly futile as the pressure is mounting on the Financial Conduct Authority to take action. This article focuses on the implications for insurers.
A BIBA brokers' guide to claims inflation trends
The world of insurance claims is constantly evolving, against a backdrop of changing legislation, emerging technologies and social trends. Designed for brokers, this BIBA guide takes an in-depth look at the issue of claims inflation, including the latest claims trends and regulatory developments.
Raising the bar: Operational resilience and shadow IT
Regulators are turning their attention to building the operational resilience of the UK financial system. This whitepaper looks at the likely implications of any future operational resilience regulation on the way an institution manages non-IT supported applications and processes.
The importance of data lineage in the insurance industry
Data lineage plays a big part in helping insurers quickly gather the information they need to rapidly respond when the PRA or FCA come calling. This one page blog briefly outlines why data lineage is a vital component of any effective data architecture and its relevance to insurers.
Blog: Model behaviour for insurance risk prediction - destroying the myth of the magic funnel
In this blog post, Alan O’Loughlin, head of analytics and statistical modelling at Lexis Nexis Risk Solutions, highlights how insurers can gain a strategic advantage over their competitors by maximising their data models to create more intelligible insights.
Full year review 2018 by Simon McGinn
In this end of year review, Simon McGinn takes a look back at the past 12 months, considering various hot topics and issues like Brexit, legislative changes and the ongoing matter of broker market consolidation. This feature also looks at 2019 and beyond.
Pricing practices in the retail general insurance sector: Household insurance
This report sets out the key findings of the FCA’s thematic work on the pricing practices of household insurance firms. It then details our expectations of firms and our next steps.
Mitigating conflicts of interest in the distribution chain
The distribution chain has attracted the Regulator’s interest for some time. The FCA has been carrying out an initial review of the wholesale market sector focusing on conflict of interest and distribution chain value. Download this article to find out more and the implications for brokers.
The Insurance Distribution Directive (IDD): Where are we now?
Following the EU’s recent decision to amend the implementation date for the IDD, this article explores the implications of the new directive for brokers and revisits the steps outlined in our recent article that every broker should consider taking immediately.