BMR Compliance

Providing bespoke, hands on compliance and training solutions to the General Insurance Industry

  Summary of July News (General Insurance) FCA Conflicts of Interest Review. This was launched by Simon Green  2 July. This will mainly focus mainly on SME and micro business customers.  The FCA are mainly interested in profit shares, volume arrangements and other payments. They feel they need to...

At a recent event, R H Flaxman gave an interesting speech about the role of insurance brokers and the handling of claims. We have done a summary of this speech, which follows below for your information....

  The FCA's Martin Wheatley recently gave a speech at the ABI biennial conference and announced their study into add-on insurance. This study is due to the FCA's belief that consumers may be experiencing poor outcomes in these markets. The study will look at products sold as add-on's...