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Weeks and months of frustration came to a culminating point on Tuesday June 21st, as 10,000 London Underground staff walked off the job. They're protesting a worsening dynamic between work and pay and are offering us all a much-needed reminder of just how vulnerable our infrastructure is to disruption...
Even though the Covid-19 pandemic has begun to slow, with many offices establishing a timeline for their employees to return to work, the amount of organisations that still operate on a hybrid platform is extensive. Businesses are embracing the importance of protecting business data in a hybrid environment...
Regardless of their role in an insurance deal, brokers must verify that their potential clients and trading partners aren't barred from entering insurance transactions. However, carrying out these checks can be a challenging task. What is the impact of the task and responsibilities brokers have and how can they manage risks?
With the UK government imposing a tranche of sanctions on Russia in response to the situation in Ukraine, make sure you're up to date with UK sanctions obligations. All firms regulated by the Financial Conduct Authority must have appropriate policies in place to make sure they comply with sanctions legislation. This includes carrying out regular and appropriate checks of sanctions lists...
According to professional services firm PricewaterhouseCoopers (PWC), the three biggest concerns for insurers worldwide are crime, regulation and technology...
In the UK, one of the biggest challenges facing insurance firms is to obtain UBO information as part of AML due diligence. If you do not get your UBO screening and reporting right, it can result in significant increases in risks of financial crime and ultimately, penalties and fines...
When we first started to store digital data we were all very conscious of mechanical data decay caused by a crashed server, corrupted hard disk or even just a transfer from one storage device to another. But as time has passed, regular autosaving, routine backups and cloud hosting have helped us manage mechanical data decay...
We asked Sales Manager, Victoria Slade, to cut through the red tape and give us her 7 top tips to achieve success and best practice when dealing with Brokers.
What a year. When the idea sprung to me to write a blog about my experience as a Marketing Intern over the last year, I thought it would be a perfect opportunity for self-reflection. To kind of close this chapter of my life. But to be honest, it's hard to know where to start...
15 years ago, last month, the statutory regulation of general insurance activities was introduced. I remember it well, as I had applied for CF1 permissions as the head of an insurance broking business. One of the key regulatory requirements was for authorised firms to have a written agreement with their insurance trading partners. Agencies were to be documented through a terms of business agreement, and overnight the acronym TOBA took its place in the insurance glossary...
