FCA focus on General Insurance: differential pricing action, Dear CEO letter and the IDD

It is clear that the FCA's focus on General Insurance has ramped up over the last year or so and with recent adverse findings in differential pricing and renewal transparency and the very clear Dear CEO letter, this event, for FCA regulated firms only, (of relevance to general insurers and brokers), will provide an overview of recent actions taken and the IDD rules that required implementation as from 1 October 2018.

The Insurance Distribution Directive has been enacted to ensure we trade with the rest of the EU on a level playing field despite Brexit. In addition, the FCA has concluded a market study on general insurance pricing practices setting out key findings and expectations along with a (rare) Dear CEO letter.

Do you know what changes you have to make to be compliant with the law? Come and join fellow market professionals and find out!

By the end of this event delegate will have gained an insight into:

• Key GI initiatives from the FCA - differential pricing, renewal transparency and the Dear CEO letter
• IDD requirements - compulsory training, marketing materials, conducts of business, product oversight and governance, conflicts of interest, system and controls, PII cover, client money and ancillary insurance intermediaries together with HMT/FCA changes to introducing activity

Session Rates:

• CII/PFS member: £200 + VAT
• Non-members: £300 + VAT

Speaker Bio:

Please contact info@branko.org.uk (0800 619 6619) with any queries and to submit your questions in advance of the event.