by Kenneth Underhill | Aug 7, 2023 | ICSR News, Operations
ICSR is delighted to announce the appointment of Benoit Steulet as Operations Director with effect from 1st August 2023. Benoit has over 20 years’ experience of working in the consulting and (re)insurance market, with roles spanning the UK and France, including for...
by Kenneth Underhill | May 16, 2023 | Compliance, Consumer Duty, Fair value, Insurers
ICSR is delighted to announce it has entered into a formal collaboration with VisRisk, allowing it to offer clients access to a Fair Value Assessment toolkit that streamlines processes and provides a full evidence trail of the work performed on fair value compliance....
by Kenneth Underhill | May 4, 2023 | Corporate Social Responsibility, ICSR News, Kenneth Underhill
An ICSR team, led by Director Kenneth Underhill, will be undertaking the London Legal Support Trust 10km Legal Walk on 13th June 2023. It is the 4th year an ICSR team has participated and we have set ourselves the objective of exceeding our 2022 fundraising target....
by Kenneth Underhill | Apr 25, 2023 | Consumer Duty, Culture, Environmental Social and Governance, FCA, Financial Crime, Operational Resilience, Product Governance, Senior Managers and Certification Regime, Vulnerable customers
The FCA Business Plan sets the regulatory agenda for regulated insurance firms in the coming 12 months. Released on 5th April 2023, the current plan has a strong focus on the way the FCA uses the Threshold Conditions to instil confidence in consumers. For 2023/4 there...
by Kenneth Underhill | Jan 26, 2023 | Climate Change, Culture, Operational Resilience, Prudential Regulation Authority, Risk, Solvency
On 10th January, the PRA issued a letter to all Life and General Insurers, setting out its supervision priorities for 2023. Nothing in the list of priorities should come as a great surprise to insurance firms, and in a recent meeting with a client we noted that there...