Regulation
333 whitepapers and resources
Regulation
The impact of Brexit on the insurance industry
Since the referendum on 23 June 2016, there has been a lot of uncertainty, but for the UK's insurance industry the shockwaves are likely to be felt for some time. In this whitepaper, Neil Clutterbuck, CUO at Allianz, considers the impact of Brexit upon the insurance industry.
A brokers' guide to InsurTech
This guide discusses how InsurTech can assist brokers in better understanding and connecting with their customers whilst considering the implications of increasing data protection laws.
Guidewire InsuranceSuite™ approach to the European General Data Protection Regulation (GDPR)
This white paper outlines the key requirements in the GDPR that apply to insurers using Guidewire InsuranceSuite™, and discusses how Guidewire will enable customers to meet those requirements when using Guidewire products.
How can businesses prepare for Brexit?
Formal negotiations have begun to bring about the UK’s withdrawal from the European Union. Our latest roundtable event heard businesses’ concerns over Brexit and offered helpful guidance. This article looks at what the roundtable revealed about how you can prepare for the potential impact of Brexit.
Solvency II: Data collection of market risk sensitivities – CP7/17
Relevant to Solvency II insurance and reinsurance firms holding, or intending to hold, material quantities of assets exposed to market risk, this consultation paper sets out the PRA’s proposed expectations for the reporting of sensitivities of solvency positions to key market risks.
CII policy briefing: UK general election aftermath
This short paper outlines how the outcome of the General Election is likely to impact on the Government's forthcoming legislative programme. Areas covered: Brexit; discount rate reform; whiplash injury reform; Vehicle Technology and Aviation Bill – autonomous vehicles.
Infographic: Good cyber security - the foundations
Cyber attacks are increasing in number, scale and sophistication, and pose a threat to all financial services firms. Is your firm capable of defending itself against cyber attacks? This infographic highlights effective cyber security practices and what you should do in the event of an attack.
CII policy briefing: Insurance Distribution Directive
Coming into force in January 2018, the Insurance Distribution Directive introduces a new requirement for those staff that sell, advise on and transact insurance contracts for all types of insurance customers. This policy briefing provides a summary of the FCA implementation of the IDD.
The Insurance Act 2015 and Enterprise Act 2016 adaptation guide
The Insurance Act 2015 and Enterprise Act 2016 have prompted major change across the UK insurance market – the former having come into force in August 2016, the latter on 4th May 2017. Based on broker feedback, this guide provides a practical summary of surveyed concerns and potential solutions.
Background to the Insurance Distribution Directive
The EU’s Insurance Distribution Directive is designed to make it easier for firms to trade cross-border, create a level playing field and strengthen policyholder protection. This article provides an overview of the IDD and the implications for parties involved in the insurance distribution chain.