The FCA has published their 2018 Sector Views. Here are a few of the FCA’s focus areas relating to General Insurance.
Operational resilience
Cyber attacks are becoming more frequent and widespread. The issue is potentially made worse by the use of complex and legacy IT systems and greater level of data sharing between firms.
Firms need to ensure they are ready to meet the standards of GDPR.
Financial crime and fraud continues to increase.
Appointed Representatives
A thematic review in 2016 found that over half of the principal firms involved could not consistently demonstrate effective risk management and control over the activities of their Appointed Representatives. The FCA remains concerned about governance issues around Appointed Representatives.
Product Suitability
Many consumers focus on the headline price and may not realise that the product they buy is not suitable until they try to make a claim.
Renewal Pricing
Still on the subject of pricing, switching rates remain low. It is too early to assess whether the new disclosure requirements will be effective in encouraging consumers to shop around at renewal time.
Casino Minimum Debit Card Withdrawal 50
Uncategorised
Casino Minimum Debit Card Withdrawal 50 So here are our recommended UK Casinos that accept Paysafecard, casino minimum debit card withdrawal 50 but get a hit and its double the win. Blueprint Gaming is best known for releasing topnotch slot machines and free Winstar online slot game is not an exception to this either, including […]