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Regulatory & Risk

FCA warns insurance companies over renewal rules By IBR Staff Writer
The UK's Financial Conduct Authority (FCA) has said that insurance firms are still failing to meet the general insurance renewal rules.
Regulatory & Risk > News
B3i Services to commercialize blockchain solutions for re/insurance By IBR Staff Writer
The Blockchain Insurance Industry Initiative (B3i) founders have formed a startup to offer insurance solutions on a blockchain platform that improves efficiency across the value chain of the re/insurance industry.
Regulatory & Risk > News Marsh joins EEA open source blockchain initiative Insurance broking company Marsh has joined the Enterprise Ethereum Alliance (EEA), which is claimed to be the world's largest open source blockchain initiative with over 400 member companies.
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Y-Risk to offer cyber and technology E&O insurance
Specialty underwriting management company Y-Risk has been approved as a Lloyd’s coverholder to provide cyber and technology E&O insurance.
Regulatory & Risk > News
BIBA, Lloyd’s and ABIT join Tech City UK’s Insurtech Board
By IBR Staff Writer
Tech City UK’s fintech delivery panel has created a new subgroup with a particular focus on insurtech and innovation.
Regulatory & Risk > News
European Council delays implementation of new rules on insurance distribution
By IBR Staff Writer
The European Council has agreed to delay the transposition deadline and application of new rules on insurance distribution.
Regulatory & Risk > News
Bluefin fined by FCA for misleading customers
The Financial Conduct Authority (FCA) has fined Bluefin Insurance Services £4,023,800 for having inadequate systems and controls and failing to provide information to its customers about the company's independence.
Regulatory & Risk > News
Allianz unveils new data initiative to tackle SME underinsurance
By IBR Staff Writer
Allianz Insurance is introducing a new data initiative designed to empower brokers and lower the number of SMEs that are underinsured.
Regulatory & Risk > News
UK FCA launches market study into wholesale insurance broker sector
By IBR Staff Writer
The UK's Financial Conduct Authority (FCA) has launched new market study into wholesale insurance broking practices.
Regulatory & Risk > News
US, EU sign agreement to streamline insurance regulation
The US and the European Union (EU) have signed an agreement to streamline the insurance and reinsurance regulations.
Regulatory & Risk > News
Swiss Life under US DOJ scrutiny over tax evasion role
The American Department of Justice (DOJ) has contacted Swiss Life regarding its cross-border business with US clients.
Regulatory & Risk > News
UK’s FCA probes into suspected misconduct of aviation insurance brokers
By IBR Staff Writer
The UK’s Financial Conduct Authority (FCA) has launched an antitrust investigation into various top insurance brokers for sharing competitively sensitive data within the aviation and insurance sectors.
Regulatory & Risk > News
AAIS unveils new forms, rules filings for UAS coverage
American Association of Insurance Services (AAIS) has announced new filings of Unmanned Aircraft Liability Coverage forms and rules in its Agricultural General Liability Program (AgGL) in response to consumer demand for unmanned aircraft systems (UAS) coverage.
Regulatory & Risk > News
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