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The Association of British Insurers (ABI) has responded to the FCA's multi-firm review assessing General insurance product value and coronavirus (Covid-19) Guidance. |
James Dalton, ABI Director, General Insurance Policy says: “This is a useful stocktake of firms’ approaches to product value, particularly in the context of Covid-19. As the FCA acknowledges, the review found that most insurance products maintained their core utility and value during what has been an exceptionally challenging period for both customers and firms. The FCA also recognises evidence of good customer value including through premium refunds, extension of cover, individual customer support and the industry’s charitable donations through the ABI’s Covid-19 Support Fund. “Since the data was collected for this review, significant work has continued to take place across the industry to meet the enhanced product rules and the new governance rules scheduled to come into force in October and the new pricing rules due to be introduced by January. Together, these substantial reforms emanating from the GI Pricing Practices Market Study are a once in a generation opportunity to improve customer outcomes across the industry. Inevitably, whilst some firms will be more advanced than others in preparing for the new rules, all our members are fully committed to continuing to work with the regulator to ensure change is delivered on time.” |
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Specialist Pensions Consultant | ||
London / remote - Negotiable |
Business Development Actuary - Pensions | ||
London / hybrid - Negotiable |
Make your mark in insurance consulting | ||
London/hybrid 2-3dpw office-based - Negotiable |
FTC: Financial Risk Manager | ||
London/hybrid 2-3dpw office-based - Negotiable |
Pricing Actuary (Retail) | ||
London/Hybrid - £130,000 Per Annum |
Capital excellence in the capital - S... | ||
London - Negotiable |
Life Reinsurance Associate - Bermuda | ||
Bermuda - Negotiable |
Life Reinsurance Director - Bermuda | ||
Bermuda - Negotiable |
Scotland - the price is right! | ||
Scotland / hybrid 2-3 dpw office-based - Negotiable |
Projects Actuary | ||
South East / hybrid 1-2 dpm office-based - Negotiable |
Technical Business Analyst - Internat... | ||
Bermuda - Negotiable |
Senior Pensions Manager - Assurance | ||
Flexible / hybrid 2-3 days p/w office-based - Negotiable |
Head of Pricing | ||
London - Negotiable |
Consultancy Bonanza! | ||
UK-wide / London / hybrid - Negotiable |
Service Delivery Manager - Pensions | ||
Scotland / remote / 2 dpm in the office - Negotiable |
Life Actuarial Student – Risk | ||
Glasgow / hybrid 2 dpw office-based - Negotiable |
ALM Strategy Specialist | ||
Bermuda - Negotiable |
Senior Casualty Reinsurance Actuary | ||
London - £140,000 Per Annum |
Senior Pensions Administrator - Midlands | ||
Birmingham / hybrid - Negotiable |
Senior Pensions Administrator - Scotland | ||
Scotland / hybrid 2 days per month office-based - Negotiable |
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