Research in Finance’s Post

The Financial Conduct Authority's proposals in DP24/1 reflect a pragmatic approach to improving customer protection, while continuing to focus on the competitiveness of the UK insurance market. Writing in Insurance Day, HFW's Bob Haken and Will Reddie assess the various changes, which will ensure greater consistency for SMEs and also reduce regulatory costs. You can read their article here (subscription required): https://lnkd.in/eJdF3Ffh To discuss these issues, please speak to Will, Bob, or your usual HFW contact. #InsuranceIndustry #InsuranceMarket #Insurance #Reinsurance #InsuranceRegulation #ConsumerProtection

Excited to share our latest gap analysis tool which addresses the FCA's multi-firm review of outcomes monitoring under the Consumer Duty for the insurance sector. We find it really rewarding making these as they drive real, tangible change within Firms. We’re here to support you every step of the way, so please reach out if you need any assistance from our dedicated team. If you wish to receive our future gap analysis tools straight to your inbox, please click on the following link and fill in your details. - https://lnkd.in/eFKTv3Nh #FCA #ConsumerDuty #Compliance #GapAnalysis #InsuranceSector

Check out our latest whitepaper on how insurance companies can harness payment technology to revolutionize their end-to-end processes. From optimizing payment operations to enhancing customer experience, this paper covers everything you need to know to stay ahead in the rapidly evolving insurance landscape. We have partnered with system provider Duck Creek Technologies to show you the key trends, strategies, and solutions that can help drive operational efficiency and unlock new opportunities for growth. With PwC's front-to-end insurance industry expertise and innovative insights, insurers can leverage advanced technologies to streamline payments and deliver greater value to their customers. Download the white paper now! #insurancetransformation #paymenttransformation #PwCSwitzerland #PwCFS

Unleash the Power of Big Data in Insurance! 🚀📊 Discover how advanced analytics can enhance risk assessment, pricing strategies, and customer satisfaction. Whether you’re refining your underwriting or combating fraud, the key is turning data into actionable insights. Ready to dive in? Partner with MarksNelson experts like Melinda White to get the most out of your data. Don’t miss out on the future of insurance! 🌐 #BigData #InsuranceInnovation #TechAdvisors #MarksNelson

Did you hear Lisa Sturley, Head of Department of Market Interventions, Insurance at the FCA’s recent keynote speech? She told her audience that outsourcing claims handling can reap various advantages and that “Your reputation is only as good as the firms you outsource to”. In this particular instance, the audience was made up of insurance professionals, but the same advice is true for those working in the financial planning and advice arena. So, click the link in the comments below to learn 5 key ways outsourcing a financial complaint could help you reach a fair settlement faster 👇

Did you hear Lisa Sturley, Head of Department of Market Interventions, Insurance at the FCA’s recent keynote speech? She told her audience that outsourcing claims handling can reap various advantages and that “Your reputation is only as good as the firms you outsource to”. In this particular instance, the audience was made up of insurance professionals, but the same advice is true for those working in the financial planning and advice arena. So, click the link in the comments below to learn 5 key ways outsourcing a financial complaint could help you reach a fair settlement faster 👇

In the upcoming webinar, sponsored by LexisNexis Risk Solutions, experts in insurance, credit risk, public records and data analytics will discuss the lift that integrating credit data with public records can deliver for a more holistic understanding of consumer risk. Register to watch here: https://bit.ly/3Nq5nXz #creditrisk #insurance #insuranceindustry #consumerrisk LexisNexis Risk Solutions

Large language models will let insurers onboard, renew and service risks at close to zero marginal cost, underpinned with consistent control over risk selection. Read 'How LLMs Are Driving the Insurance Industry' by Richard Hartley. #insurance https://lnkd.in/eWzP_M2b

Ever wonder what’s behind Financial & Compliance (F&C) regulatory efforts and how they serve today’s insurance markets? Join us as Sharlea Taft and Julie Beehler-Kramer take us on a deep dive into the role of F&C regulatory compliance and how it helps insurers, investors, and customers maintain trust in industry rules and practices. Tune in here: https://spns.pub/4bO4X7w #FinanceandCompliance #insurance

In today's webinar, sponsored by LexisNexis Risk Solutions, experts in insurance, credit risk, public records and data analytics will discuss the lift that integrating credit data with public records can deliver for a more holistic understanding of consumer risk. Register to watch here: https://bit.ly/3Nq5nXz #creditrisk #insurance #insuranceindustry #consumerrisk LexisNexis Risk Solutions