by Kenneth Underhill | Feb 15, 2021 | ICSR News, Lloyd's
ICSR is delighted to have been accepted as an Associate Member of the Lloyd’s Market Association. ICSR has been advising Lloyd’s managing agents on their risk, compliance, corporate governance and other regulated functions since it was founded. We welcome the...
by Kenneth Underhill | Apr 29, 2020 | Coronavirus, FCA, Governance, Insurance Distribution Directive, Lloyd's, Operational Resilience, Product Governance, Prudential Regulation Authority, Senior Managers and Certification Regime
Contents: The Short Term The Long term Risk Management Governance Product Governance and Underwriting Capital Modelling Operational Resilience Recovery and Resolution Planning Economic Climate Summary: A Market Solution Introduction The current coronavirus pandemic,...
by Kenneth Underhill | Apr 29, 2020 | Coronavirus, FCA, ICSR News, Lloyd's
Register now (External link) Date: 30th AprilTime: 1pmFormat: Zoom webinar Webinar: John Moffatt talks with Fourthline, looking at the duty of care insurers have to customers when managing Covid-19 related claims The current crisis can be a PR minefield for insurers....
by Kenneth Underhill | Mar 26, 2020 | Coronavirus, FCA, ICSR News, Lloyd's, Prudential Regulation Authority
Today the regulators have weighed in significantly to offer firms real help to get through the short-term issue of finalising their year-end. In what is to our knowledge an unprecedented statement the PRA, FCA and the FRC have issued a joint statement, which in itself...
by Kenneth Underhill | Feb 19, 2020 | Brexit, FCA, ICSR News, Insurance Distribution Directive, Lloyd's, Operational Resilience, Pricing, Product Governance, Vulnerable customers
Released this week, ‘Sector Views’ is the FCA perspective on “the way the financial environment is changing and the impact of these changes on consumers and market effectiveness.” It gives us a clear indication of the areas where the FCA see potential risk of harm to...
by Kenneth Underhill | Dec 9, 2018 | ICSR News, Lloyd's
Operating in the Lloyd’s market brings many benefits to an insurance business. It also brings with it some extra elements of regulatory control. As with so many of the different regulations affecting insurance organisations, the level of detail and expectations in...