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The Financial Conduct Authority Handbook is a set of rules required to be followed by banks, insurers, investment businesses and other financial services in the United Kingdom under the Financial Services and Markets Act 2000. It is administered by the Financial Conduct Authority in London.
The Swinton Insurance Group continued their UK-wide acquisition strategy in 2012 with the purchase of Greys Insurance in Burnley. [21] In 2013, they then purchased Stroud based insurers Alexander James Commercial [ 22 ] before agreeing a deal to buy the general insurance book of North Wales-based Anderson Insurance Services in 2014 [ 23 ] and ...
The rules of the FSCS are made by the Financial Conduct Authority (FCA) and are contained in its handbook. [2] The FSCS board of directors is appointed by and ultimately accountable to the FCA. It covers deposits, insurance, debt management, funeral plans, insurance, investments, pensions, mortgages and payment protection insurance to varying ...
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. [ 2 ]
The first basic categorisation of long-term insurance is between life and non-life business. Life insurance business is insurance that is contingent on human life. Examples would include a policy that pays out £100,000 if the policy holder dies within a specified time; a policy that pays out £100,000 in 10 years time, but will pay out £101,000 if the policy holder dies before the policy ...
In November 2015, it was announced that InsureandGo would be relocating most of its UK operations to Bristol, including the claims team and finance department. In September 2021 InsureandGo was purchased by AllClear Travel Insurance, [ 13 ] [ 14 ] [ 15 ] following Mapfre Asistencia’s withdrawal from the UK Travel Insurance market.
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