Trade and Industry Bodies
126 whitepapers and resources
Trade and Industry Bodies
FOIL update on Insurance Fraud Taskforce report - January 2016
In response to the Insurance Fraud Taskforce’s year-long review into insurance fraud, FOIL provides a summary of the key findings. Topics covered include: small claims track limit; NIHL; limitation; defending claims; recommendations for insurers.
The voice: Issue 1 2016
Produced by FOIL, this newsletter covers the latest developments relevant to the insurance lawyer community. Topics covered include: autumn statement claims reform; Enterprise Bill amendment; Riot Compensation Bill update; third party assistance and claimant’s portal costs.
EU update: Insurance Distribution Directive passed and MiFID-2 implementation
The Insurance Distribution Directive (formerly known as the re-cast Insurance Mediation Directive or IMD-2) has been passed with significant increases in consumer protection including scope and professional standards. This briefing sheds light on the latest regulatory developments.
Insurance Act 2015: A guide to fair presentation
The Insurance Act 2015 is the biggest change to UK commercial insurance in more than 100 years. Airmic have launched a guide to understanding the new provisions under the Act, in particular the new duty for policyholders, achieving fair presentation of the risk.
CII policy briefing: Strengthening individual accountability in insurance - SIMR, conduct rules and approved persons
The PRA and FCA have published a number of policy statements and consultation papers relating to the forthcoming Senior Insurance Managers Regime (SIMR). This CII policy briefing provides an overview of the final rules and includes a 2016 timeline of events.
BIBA compliance rules: Quarter four 2015
BIBA's four page regulatory roundup focuses on: the insurance industry's use of big data; consumer vulnerability; mapping the road to greater management responsibilities.