Regulation
333 whitepapers and resources
Regulation
CII briefing: Enterprise Act – Implications for insurance
The Enterprise Act received Royal Assent in May 2016. This three page CII briefing highlights the main features of the Act, including the implications for insurers and their claims processes.
Reporting requirements for non-Solvency II insurance firms
This PRA Policy Statement provides feedback to responses to Consultation Paper 18/16 ‘Reporting requirements for non-Solvency II insurance firms’. It sets out final rules for the new reporting requirements that apply to insurance firms that are outside the scope of Solvency II.
Solvency II: Monitoring model drift and standard formula SCR reporting for firms with an approved internal model
In this consultation paper, the Prudential Regulation Authority (PRA) proposes a supervisory statement setting out the PRA’s approach to monitoring model drift and expectations on firms with an approved internal model for the reporting formula Solvency Capital Requirement (SCR).
FOIL Update on Brexit after the referendum
The political ramifications of the Brexit vote still have a long way to run, and the commercial and financial consequences will not be known for some time. But what happens now? FOIL’s Update highlights the insurance industry’s initial response and the UK’s position following the referendum vote.
Video: Improving access to justice
The FCA’s review into add-ons has pushed legal expenses insurance into the spotlight. In this video, Post's Katie Marriner joins Arag’s Tony Buss and Higos' Ian Gosden to find out what the future holds for legal expenses insurance and what makes a firm stand out in terms of broker service.
CII Thinkpiece: The UK’s European Union Referendum June 2016
On 23rd June the British population will be given the opportunity to vote to remain or leave the European Community. This CII Thinkpiece provides views from the opposing campaigns of the EU referendum, Britain Stronger in Europe and Vote Leave.
The Insurance Act 2015: An implementation guide
The Insurance Act 2015 is a real game changer for the industry and will govern every business insurance contract placed, renewed or amended under UK law on or after 12th August 2016. The essential aim of this guide is to equip brokers to cope with the challenges posed by the new regime.
International cross-border controls
As the British public are poised to vote on Brexit, the European Commission is considering moving cross-border barriers for insurance sales, with digital innovation a potential key driver. Download Post's article to find out more.
AXA's approach to the Insurance Act - A guide for brokers
This broker guide sets out how AXA intends to incorporate the provisions of the Insurance Act 2015 into its commercial insurance contracts and outlines what further help and support will be available from AXA.
The admin fee rip-off
In this one page article, Rebecca Rutt, senior insurance writer, Money Saving Expert, sheds light on the view that customers are being ‘duped’ by unfair administration fees and why the regulator needs to get involved to enforce a blanket ban on unfair extras.