Regulation

Is regulation keeping up with the changes happening in the insurance market? Will an arsenal of SupTech tools soon put regulators inside your digital models? How will regulators handle the complexity of fairness, and the urgent calls to counter discrimination? There's a lot happening - read on!
90 posts
Regulation
Underwriting 3 min read

FCA questioned on Financial Inclusion

The UK regulator shared its thinking on financial inclusion with Parliament’s Treasury Committee recently. It was clear that they recognised the issue, but also that they didn’t understand, in terms of insurance, what was behind it.…
Duncan Minty
Duncan Minty
Could Financial Inclusion be at a Turning Point? public
Regulation 9 min read

Could Financial Inclusion be at a Turning Point?

Pressure is being put on the UK Government to raise the attention that the regulator gives to financial inclusion. Not many of you will realise that, at the moment, such attention is pretty discretionary. Will this pressure succeed? And if it does, what repercussions could this have for insurers?…
Duncan Minty
Duncan Minty
The Big Ethical Challenge for Insurers in 2022 public
Data Ethics 6 min read

The Big Ethical Challenge for Insurers in 2022

Insurers should move on from their recent focus on resilience and concentrate on adaptability. Social trends, market trends and regulatory trends all point to a flexibility to adapt mattering most. Insurers need to reflect this in their strategies, systems and continuity plans.…
Duncan Minty
Duncan Minty
Insurance will face problems with consent public
Privacy 6 min read

Insurance will face problems with consent

Consent is something the insurance market has often taken for granted. Recent developments are now signalling that it’s time for a serious rethink. I look at why sector attitudes to consent need to change, and the four issues which make insurers vulnerable.…
Duncan Minty
Duncan Minty
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