by Kenneth Underhill | Mar 19, 2024 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Culture, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, ICSR News, Insurers, IT, Kenneth Underhill, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. This edition covers:IntroductionThe Longer-term HorizonQ1 2024 Issues: GeneralFinancial Services Future...
by Kenneth Underhill | Mar 11, 2024 | Compliance, Consumer Duty, Fair value, FCA
Baseball may not be a major sport on this side of the Atlantic, but most people will be familiar with the “three strikes and you’re out” concept. If the multi-firm review and findings from the FCA back in September 2022 were considered ‘Strike One’ for insurance...
by Kenneth Underhill | Mar 11, 2024 | Compliance, Consumer Duty, Fair value, FCA
The Financial Conduct Authority (FCA) recently issued a damning assessment of firms’ response to the Product Governance and Fair Value rules. Whilst pockets of good practices have been cited as examples, the overarching theme in Matt Brewis’ “Dear CEO” letter of 23rd...
by Kenneth Underhill | Feb 21, 2024 | Compliance, Consumer Duty, FCA, ICSR News
ICSR has launched a new ‘Talking Heads’ podcast series, featuring interviews with members of the team, complementing our ongoing series of webinars which remain available as recordings on our YouTube channel. Episode 1 of our new podcast features Compliance...
by Kenneth Underhill | Dec 8, 2023 | Compliance, Consumer Duty, Fair value, Risk
Watch Webinar Recording Watch Video Download Slides On 30th November, Kenneth Underhill delivered a webinar on “Fair Value Assessments and Consumer Duty – An Update on the FCA Approach and Enforcement” in conjunction with the Managing General Agents...
by Niki Underwood | Oct 17, 2023 | Compliance, Consumer Duty, Culture, FCA, HR, Prudential Regulation Authority, Risk, Senior Managers and Certification Regime
In September the PRA and FCA released co-ordinated Consultation Papers on Diversity & Inclusivity in the Financial Services sector, building on the previous Discussion Paper from July 2021. Progress has been slow, albeit the issue is one that continues to receive...