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Who Regulates Insurance Brokers & How Does It Work?

By Amanda 10th March 20239th March 2023

The financial services sector, which includes insurers and insurance brokers, is mainly regulated by two bodies: The Financial Conduct Authority (FCA). They set stringent regulations

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What is an Insurance Intermediary and What Are the Different Types?

By Amanda 27th February 202314th February 2023

An insurance intermediary acts as a bridge between insurers and their clients. Some intermediaries work with insurers, whereas others work with their clients. In most

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Do I Need a Freelance Contract & What to Include?

By Amanda 23rd February 202314th February 2023

A contract is a legal agreement between two parties. They essentially make it clear just what’s expected from both parties and ensure that no party

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Bionic Underwriting – What Is It, And How Does It Work?

By Amanda 17th February 202314th February 2023

Bionic underwriting means using technology to enhance underwriting and the distribution of insurance products. What is Bionic Underwriting? Essentially, bionic underwriting means using artificial intelligence

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Solvency II Reforms – Impact, and Next Steps

By Amanda 14th February 202314th February 2023

As part of the 2022 Autumn Budget, Chancellor of the Exchequer Jeremy Hunt announced a package of Solvency II reform measures. What is Solvency II?

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How to Register and Become an FCA Approved Insurer

By Amanda 31st January 202310th January 2023

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

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