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FCA proposes additional measures to help insurance customers in financial difficulty
The FCA has published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus (Covid-19), after 31 October 2020. -
Updated statement on non-damage BI settlements and deductions made for government support
Following the FCA's statement on 3 August 2020 on non-damage BI settlements and deductions made for government support, the FCA updated it to say what it expects from firms. -
Business interruption insurance test case: Defence of Ecclesiastical Insurance Office Plc and MS Amlin Underwriting Ltd [pdf]
The Defendants to the business interruption insurance test case have now served their Defences. These state each Defendant’s written case, in response to the FCA’s Particulars of Claim. This is the defence for Ecclesiastical Insurance Office Plc -
Complaints fall by 5%: PPI, current accounts and general insurance still most complained about products
The latest complaints data published by the Financial Conduct Authority (FCA) shows financial services firms received 2,358,732 new complaints between January and June 2014. -
Finalised Guidance: Coronavirus and customers in financial difficulty: additional guidance for insurance and premium firms [pdf]
This guidance (the October 2020 guidance) applies in the exceptional circumstances arising out of the coronavirus pandemic (Covid-19) and its impact on the financial situation of customers of insurance and premium finance involving regulated credit -
Business interruption test case: Insurers joint submissions on common declarations [pdf]
This details the joint submissions of Arch, Argenta, Hiscox, MS Amlin, QBE and RSA in relation to common declarations. -
FCA launch consultation to assist parties in proving presence of coronavirus in business interruption insurance claims
The FCA is launching a consultation to assist parties in proving presence of coronavirus in Business Interruption insurance claims. -
Product sales data: general guidance and retail investments FAQs
Product sales data: general guidance and retail investments FAQs. -
Second Supervisory Notice 2020: Perry Prowse (Insurance Consultants) Ltd [pdf]
Second Supervisory Notice for Perry Prowse (Insurance Consultants) Ltd. -
Business interruption insurance test case: List of policies capable of responding to Covid-19 [pdf]
A list of policies capable of responding to Covid-19 in the business interruption insurance test case.