Neil Jay Joins ICSR As Senior Risk Analyst
ICSR is delighted to announce the appointment of Neil Jay as Senior Risk Analyst with effect from Monday 4th September. Neil has almost 20 years’ experience working in the Lloyds and London Market, with roles ranging from 2nd line Enterprise Risk Management to 1st line Underwriting Controls, MI Data, Broking, and Claims.
Benoit Steulet Joins ICSR As Operations Director
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 Lloyd’s of London and QBE Insurance.
Customers In Financial Difficulty – Finalised Guidance And A Line In The Sand For Senior Management
The FCA issued its finalised guidance on supporting customers in financial difficulty in early July. Natalie Dick looks at some key changes from the initial Consultation Paper.
Consumer Duty Firm Survey Results – Spring 2023
Consumer Duty implementation is fast approaching and the FCA have been undertaking work to assess the readiness of firms. Natalie Dick looks at the findings of the FCA’s first wave of quantitative research into firm’s readiness.
VisRisk – Simplified Solution For Fair Value Assessments Launched
ICSR is delighted to announce it has enetered into a formal collaboration with VisRisk, allowing it to offer clients acess to a Fair Value Assessent toolkit that streamlines processes and provides a full evidence trail of the work done on fair value compliance.
PRA Business Plan 2023/4 – Full Steam Ahead
The PRA Business Plan was released in early May and sets out their workplan, strategy and budget for the 2023/24 period of activity. Claire King looks at the key points and issues included, and one key point that is not mentioned.
FCA Leaseholder Reforms – The Tip Of A Very Large Iceberg?
The proposed FCA reforms to the multi-occupancy buildings insurance market could be the tip of a very large iceberg for insurance firms, with changes that could result in a broad-ranging shake-up to the way brokers are remunerated in the longer term. Palak Bedi has been looking at the Consultation Paper in more detail.
The ICSR Team Are Taking On The London Legal Support Trust 10k Walk 2023
On 13th June 2023, a team from ICSR will be taking on the London Legal Support Trust 10k London Legal Walk. Find out how you can sponsor us.
Webinar Recording: FCA Business Plan 2023-24
The FCA Business Plan sets the regulatory agenda for 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. Watch the recording as Kenneth Underhill looks at the plan in more detail.
Is 2023 The Last Chance Saloon For Insurance Firms To Fix Their Culture?
Organisational culture is no longer a ‘nice to have’ for regulated firms. It is increasingly a tool that the regulators are using to help drive better outcomes for consumers. Niki Underwood and Claire King explore the issue.
The Modernisation Conundrum –The Griffin In The Room…
The Blueprint Two London Insurance Market Modernisation Programme brings significant regulatory implications for the insurance industry. Lance Grant looks at the opportunity and implications for London Market participants.
Wrapper Technology – The Solution To The Modernisation Conundrum?
With modernisation of the insurance market in London upon us, many companies are running with multiple legacy policy and broker administration systems, and the cost of full digital transformation can be daunting. Could wrapper technology be the solution? Lance Grant looks at the options.
