Latest Brexit news and insight for UKGI brokers

Brexit

2024 outlook for UKGI ‘remains challenging,’ but regulatory opportunities lie ahead – Deloitte

2024-02-12T14:30:00+00:00By Clare Ruel

’It’s very hard to set prescriptive rules with the nature of AI, as the use cases may evolve,’ says partner in EMEA centre for strategy for regulatory change

BIBA

Davies looking to expand international footprint into Europe

2023-05-16T06:00:00+01:00By Clare Ruel

’Europe is the key on the spot market that we need to be in,’ says chairman

News Analysis

The Big Question April 2023: How can the insurance industry help improve current motor repair network models?

2023-03-30T12:35:00+01:00By Isobel Rafferty

Repairers are key to the success of settling motor claims, but the sector continues to face significant challenges. Insurance Times asks industry leaders where firms can help

News Analysis

Briefing: Cost of living crisis warrants consumer cover rethink

2023-03-23T14:01:00+00:00By Jon Guy

The extended warranty sector is seeing a ‘renaissance’ as costs rise sharply

News

Supply chain risk demands businesses’ full attention – Chubb

2023-02-16T12:38:00+00:00By Jon Guy

‘Robust risk management and business resilience strategies are critical to future-proofing supply chains,’ says co-author

News

Technology and data pose fresh challenges for insurance sector’s trust issues

2023-02-14T11:32:00+00:00By Clare Ruel

’What might be good for business, will be devastating for trust’, says report author

News Analysis

‘Insurers will have to rely on brokers’ if post-Brexit tax changes come to fruition

2023-01-27T13:34:00+00:00By Clare Ruel

Brokers could see changes to their admin workload and trading operations as a result of Brexit

News Analysis

Gerry Ross: Commercial motor sector still going through the gears in face of ‘systemic’ challenges

2022-12-06T12:33:00+00:00By Jon Guy

Historic data for pricing is ’no longer applicable’, says Allianz head of motor

News

Successor has ‘urgent task’ on hands as prime minister Liz Truss resigns

2022-10-21T11:11:00+01:00By Clare Ruel

Truss will remain at the helm until a successor is chosen, with a leadership election to be completed within the next week

News

Insurance industry welcomes Liz Truss as new prime minister

2022-09-06T11:23:00+01:00By Clare Ruel

The ‘back to the future’ proposal of merging the FCA, PRA and PSR is still a possibility, says global head of financial regulation

News

Labour shortages and inflation bite for UK businesses – Bank of England

2022-09-05T06:30:00+01:00By Isobel Rafferty

Economic struggle places the insurance market ‘in danger of sleep walking into a tsunami of fraud claims’, says group director of investigations

News

Brokers set for key role around possible post-Brexit IPT changes

2022-08-30T09:07:00+01:00By Clare Ruel

Changes to insurance premium tax could lead to greater administration burden for the UK’s insurance sector

News

UK government publishes Financial Services and Markets Bill

2022-07-22T12:04:00+01:00By Yiannis Kotoulas

The tabled bill represents ‘the beginning of the development of a new UK regulatory regime’, paves the way for Solvency II reform and furnishes the FCA with new regulatory powers

News

Arron Banks loses defamation case against freelance journalist

2022-06-15T10:16:00+01:00By Clare Ruel

The case has been ongoing for nearly three years and is a win for public interest journalism

News

Government proposals to scrap annual MOTs could see increase in ‘unroadworthy vehicles’

2022-05-03T06:58:00+01:00By Clare Ruel

Although the proposed change could save £55 a year, this could lead to more unsafe cars on the road which could subsequently increase insurance premiums