Blogs
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Inclusive Excellence – Guest Blog – Katherine Wilson, Carers UK
21/11/2024
In this edition, we are thrilled to feature insights from Katherine Wilson, Head of Employment and Specialist Delivery at Carers UK. Katherine recently joined the ABI DEI Network to discuss the latest facts about the growing cohort of workers with caring responsibilities, their new rights under the Carer’s Leave Act 2023, and practical insights from employers on supporting carers at work. A few months on, she shares further thoughts on identifying staff with caring responsibilities and how forward-looking employers are supporting them.
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Insurance Sector Fraud Charter
20/11/2024
Since publication of UK Fraud Strategy, we have been working hard with the government to develop an Insurance Sector Fraud Charter that was published last week. The Charter contains a number of insurance and public sector commitments that will make the UK even more resilient to insurance fraud. The key commitments focus on bolstering consumer awareness and victim support, tackling professional enablers and illegal insurance intermediaries and improving data & information sharing.
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Motor Insurance Taskforce FCA Market Study
30/10/2024
What are they, who is involved and what is happening? What is the taskforce? On Wednesday 16th October, the Department for Transport (DfT) and His Majesty’s Treasury (HMT…
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Value for Money: Getting the right metrics matters
24/10/2024
This blog first appeared in Citywire. Getting the value for money (VFM) framework right could be transformational for savers and our industry. Getting it wrong would be disruptive and potentially…
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Improving population health: The role of insurers as investors
22/10/2024
In this blog we will unpick the role of insurers, both as protectors and investors, in influencing population health. It also sets out the steps that ShareAction has identified for insurers to take to harness their powers as investors to address health-related risks across society.
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Guest Blog: Tools of the trade
11/10/2024
Insurers have a number of ways to combat the rising cost of claims: green parts, use of technology and more engagement with both service providers and customers are just a few. Getting ahead of costs now will assist in dealing with added future expenses from electrification and technological advancement.
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Inclusive Excellence - Guest Blog - Aneeka Neehaul, Rethink Mental Illness
10/10/2024
Aneeka Neehaul from Rethink Mental Illness discusses the importance of mental health in the workplace, highlighting its impact on team dynamics and productivity. She offers practical steps for employers to create an inclusive environment, such as normalising mental health conversations, providing accessible resources, implementing flexible work arrangements, fostering inclusion, and continuously improving mental health strategies.
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Bridging the gap between FCA’s Deloitte Guest Blog: Duty expectations and reality
07/10/2024
The Consumer Duty marks a significant shift in regulation, and this new approach comes with higher expectations for firms. In this blog, Deloitte directors Matt Papasavva, Kareline Daguer and partner, Laura Scarpa outline three key strategies—strengthening data frameworks, holistic metric analysis, and enhancing data sharing—to help insurers bridge the gap and meet evolving regulatory demands.
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Change? How the new government can show it’s serious about tackling fraud
27/09/2024
Jonathan Purvis, Senior Policy Adviser in our general insurance team explains how the new government can show it’s serious about fraud and what it needs to do to ensure its counter fraud strategy is comprehensive and responsive to changing threats.
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Consistency in pensions is key to good customer outcomes
17/09/2024
Inconsistencies between contract-based and trust-based pension schemes create significant challenges for savers. The forthcoming Pension Schemes Bill, expected in 2025, introduces a Duty for trust-based schemes to offer retirement income solutions and Targeted Support (TS) for FCA-authorised schemes.