News

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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...

Steps to mitigate a loss after a flood or storm – Twenty Tips for Businesses

When a business has experienced a flood or storm, it's often difficult to know what to do, and equally what not to do, in order to mitigate the loss and reduce the risk to the business. Read the full ...

New Guidance For Dog Owners

The UK Government recently published guidance regarding an increase in the number of dogs being diagnosed with Brucella canis in the UK. Brucella canis is a bacterial infection that can be transmitted...

Is blanket home insurance still adequate?

Rebuild Cost Assessment often spoken about the Average Clause, but homeowners are now being warned of a potential issue that could leave them with no cover at all in the event of a claim. Home insuran...

NIG are open for business – how to get in touch

Insurance is all about collaboration, which is why NIG have been working to make it easier than ever to get in touch with them. They’ve invested time and effort in making themselves accessible and ava...

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...

Rebuild cost gap still widening, with social care at risk

RebuildCostASSESSMENT.com’s latest annual rebuild cost infographic, which presents data from more than 29,000 recent rebuild valuations, shows that more than 9 out of every 10 buildings in the UK are ...

Consultation on rule changes to replace EU repealed law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...