The Financial Conduct Authority (FCA) is one of several organisations that regulate the insurance industry. You need to apply for FCA approval if you want to offer any kind of regulated insurance services in the UK. As part of their supervision, the FCA imposes a Code of Conduct on all the financial firms it regulates….
The Financial Conduct Authority (FCA) is one of a few bodies that regulates financial service firms and financial markets in the UK. If you want to provide any sort of regulated financial services in the UK, then you need to get approval from the FCA. But FCA authorisation does not last indefinitely. So in this…
In recent years, the Financial Conduct Authority (FCA) has been working towards an agenda they refer to as “conduct risk”. Customers trust insurers to provide a service that offers maximum value at the best possible price. Conduct risk is a measure of how effectively insurers meet this brief. In short, conduct risk is a question…
The Financial Conduct Authority (FCA) regulates financial service firms and financial markets in the UK, including insurers and insurance brokers. What Does the FCA Do? The FCA sets stringent regulations concerning how financial service firms operate. Firms and individuals must demonstrate how they meet these regulations before the FCA will authorise them. And after the…
The financial services sector, which includes insurers and insurance brokers, is mainly regulated by two bodies: What Does the Financial Conduct Authority (FCA) Do? The FCA regulates financial service firms and financial markets in the UK. Their regulations are designed to ensure that financial markets are “honest, fair and effective so consumers get a fair…
If you want to set up your own insurance company, then you need approval from the Financial Conduct Authority (FCA). This post is an essential guide to registering with the FCA to become an FCA approved insurer. Just bear in mind that we’re only covering the basics here. We won’t go into detail about the…
If you currently work in insurance and you want to start your own insurance company, in this post we’ll list the various things you’ll need in place before you can start legally trading. What Sort of Insurance Company Do You Want to Start? As we’ll see below, the UK insurance industry is highly competitive, and…
Tapoly CEO and founder, Janthana Kaenprakhamroy, has been invited to speak at this year’s InsuranceInnovators Summit 2019 – a gathering of the very best of the insurance industry from across the globe, which will be held on 13 and 14 November at the QEII Centre in central London. She will sit on the Leader’s Forum…