Cobra Network Compliance

Security Slide – May 2024

Each month PIB Group share with all our members a national security summary. Advice covers things like information security and data protection. Updates come from the ISO (Information Commissioner's O...

Security Slide – April 2024

Each month PIB Group share with all our members a national security summary. Advice covers things like information security and data protection. Updates come from the ISO (Information Commissioner's O...

REP025 Appointed Representative reporting guidance

In line with the Cobra Network guidance issued in December 2022, the Financial Conduct Authority (FCA) is collecting data on revenue and complaints from principal firms in respect of their Appointed R...

Multi-Occupancy Building Insurance

Following the Financial Conduct Authority’s (FCA) consultation on multi-occupancy buildings insurance, the FCA have now issued their policy statement and final rules. Attached is a summary of the poli...

FCA Regulatory Priorities 2023/2025

The Financial Conduct Authority (FCA) have released a Dear CEO letter giving firms insight into their concerns and advising firms of the areas they will be looking at over the next two years. Please c...

Consultation on rule changes to replace EU repealed law

The FCA have issued a consultation paper which is relevant to all firms involved in insurance activities. The FCA are asking for feedback on their proposals by 9 October 2023. Details of how to feedba...

Complaints

Handling complaints properly can provide a positive benefit as a complaint handled well could lead to a more satisfied client.  Clients who complain provide information that may be used to improve the...

The Consumer Understanding and Consumer Support Outcomes

The Consumer Duty comes into force for Insurance Intermediaries on 31 July 2023. The Consumer Duty is asking firms to look at the sale of the product or service from the Customers Perspective. The 4 O...

Consumer Duty

The Consumer Duty comes into force on 31 July 2023.  The intention behind the Consumer Duty is to fundamentally improve the way consumers are looked after by firms. It is a shift to outcomes-based reg...