Diversity and inclusion in the financial sector – regulators consult on important changes Following previous work in this area, both the PRA and the FCA have published consultations on diversity and inclusion (D&I) in the financial sector, including insurance. In this article we outline and discuss some of the key proposals. >> Read more
PRA sets out its approach to mutual insurers Shoib Khan of the PRA recently spoke about the PRA’s approach to mutual insurers. In his speech Khan set out some of the PRA’s expectations of the sector and highlighted regulatory reforms that may have a positive impact on the regulatory burden faced by mutual insurers. We outline further some of the key details. >> Read more
Professional Indemnity insurers liable for insured’s professional fee In this article, first published in Insurance Day, we discuss the case of RSA v Tughans, in which the Court of Appeal made clear that the question of cover for a claim for return of fees by an insured firm is more nuanced than previously thought. >> Read more
