With the current pace of regulatory change in relation to insurance distribution and the ever increasing regulatory focus on consumer protection, it’s critical that insurance firms understand the FCA’s key areas of focus, and the full implications of incoming rules, so that they can respond accordingly.
In this webinar our panel of experts will cover:
- the continued FCA scrutiny of price and value of insurance products in line with the Consumer Duty (including the concerns on weak MI, lack of information exchange and long distribution chains)
- new rules to address issues with transparency, product design and remuneration practices, both in the multi-occupancy building insurance market, and in the wider non-investment insurance market
- the regulator's supervisory focus on firms with appointed representatives, following the improvements to the appointed representatives regime in PS 22/11 and
- the FCA’s 2023 perimeter report on the general insurance perimeter (including on (i) overseas insurers; and (ii) the use of group policies)