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News
Digital health AI adoption is outpacing the policies covering it
4+ day, 1+ hour ago (329+ words) Digital health companies are integrating AI faster than the insurance market has worked out how to cover it. Beazley's 2026 Digital Health & Wellness report puts that gap at the centre of its findings. The survey of 600 executives across Europe, North America,…...
FCA data backs CII on consumer duty reporting gaps
1+ week, 3+ day ago (490+ words) UK insurance and financial planning firms are producing more confident, data-rich Consumer Duty board reports, but most still cannot demonstrate that those reports translate into proven improvements in customer outcomes, according to a new report from the Chartered Insurance Institute....
FCA marks its own homework on insurance – and gives itself a six or seven
1+ week, 3+ day ago (463+ words) The UK's financial watchdog doesn't often put a number on its own performance. This week, giving evidence to peers, it did. Appearing before the House of Lords Financial Services Regulation Committee yesterday as part of its inquiry into regulation of the…...
TPA transitions carry regulatory risk – and now there is proof
1+ week, 4+ day ago (644+ words) Insurance Business TPA transitions carry regulatory risk – and now there is proof The compliance obligations attached to a self-insurer licence remain with the employer regardless of who manages the claims The NSW Workers Compensation Self-Insurers Association (NSW SIA) represents 98 full…...
Pro Global boosts compliance capability with new appointment
2+ week, 4+ day ago (449+ words) Pro Global has appointed Jessica Robinson as senior compliance consultant, strengthening the compliance advisory and assurance capability within its global Audit & Advisory practice. According to the company her appointment comes as compliance teams face a widening brief. Consumer Duty remains…...
Morning news, August 23rd: A business lends over 1,000 billion VND to a partner at an interest rate of 12%.
3+ week, 1+ day ago (1010+ words) According to the session's agenda, this morning (August 23), the National Assembly will consider and vote on three draft laws: the Law on Petroleum (amended), the Law amending and supplementing a number of articles of the Law on Customs, and the…...
FMA's add-on insurance review lands as commission scrutiny widens
3+ week, 2+ day ago (195+ words) By Camille Joyce Lisay The Financial Markets Authority has found insurers relying on intermediaries to sell add-on insurance and extended warranties lack oversight proportionate to the risks of commission-based distribution, a finding that lands just weeks after the regulator flagged…...
IRGC hacking case tests what cyber policies actually cover
3+ week, 4+ day ago (507+ words) A federal indictment unsealed Tuesday charges 17 members of an Iran-based hacking group with a years-long, state-directed campaign against American universities, companies, and government agencies. For the cyber insurance market, the charges bring into sharp focus the type of IRGC-linked commercial…...