Jay

FCA says general insurance add-on industry must make changes

The Financial Conduct Authority (FCA) is proposing a shake-up of the £1bn general insurance add-on markets including banning pre-ticked boxes, forcing firms to publish claims ratios and breaking the point of sale advantage for guaranteed asset protection (GAP) insurance, usually offered alongside car sales.   Christopher Woolard, director of policy, risk and research at the …

FCA says general insurance add-on industry must make changes Read More »

FCA – Regulatory Developments and the Changing Market Structure

Speech by David Lawton, Director of Markets at the FCA, at the American Bar Association Capital Markets Conference, Law Society, London, Thursday 27 February 2014. This is the text of the speech as drafted, which may differ from the delivered version.   You will all be aware of the significant changes that financial markets have …

FCA – Regulatory Developments and the Changing Market Structure Read More »

Risk Taking Behaviour in Pursuit of High Growth

How does our inherent risk taking behaviour influence how we take risk in business to pursue high growth Risk taking behaviour in pursuit of high growth is a topic well explored by entrepreneurs in all industries. Research has shown that 55% of business start-ups fail within 5 years and a staggering 71% fail after 10 …

Risk Taking Behaviour in Pursuit of High Growth Read More »

Solvency II Training – An Executive Challenge

SOLVENCY II TRAINING: What needs to be improved and the consequences of not doing so. Solvency II has been reinvigorated as Brussels start to get their act together.  Compliance will require strategic, behavioural and operational changes across the board. There are a number of aspects that must be considered, such as whether or not the …

Solvency II Training – An Executive Challenge Read More »

African Odyssey – Exploring Knowledge Based Outsourcing to South Africa

The following article was published in June 2012 edition of Actuary Magazine   Compared with other professions, actuaries are a rare breed. In 2005, globally, there were 42,824 fully qualified actuaries in full member associations. Figures for other professions that year showed 9.5 million doctors, 5.5 million accountants, 6.5 million engineers and 67,000 chartered financial …

African Odyssey – Exploring Knowledge Based Outsourcing to South Africa Read More »

Why Bank CEO’ss Should be Reviewing Their Risk Functions

The recent spate of scandals affecting the banks yet again calls into question the effectiveness of risk functions. In recent years, a whole new risk infrastructure has been established to demonstrate that firms have a better handle on risk. Why so? – “because the regulator says so” is the meek response. The sceptics (often in …

Why Bank CEO’ss Should be Reviewing Their Risk Functions Read More »

Can Solvency II Gain Back Customer Trust in Financial Services Firms?

Solvency II aims to improve risk management, but will this benefit customers of financial services firms? If so, do they know this? At Vedanvi we have another bone to pick with the current level of disclosure in the financial services sector. We reckon that the sector has got to be more pro-active in winning back …

Can Solvency II Gain Back Customer Trust in Financial Services Firms? Read More »

Scroll to Top

We use cookies to personalise your experience.  By using our website you agree to our Terms and Conditions and Privacy Policy.