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Thematic review of UK insurance urges firms to re-evaluate frameworks

Generic boardroom discussion
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Lack of progress in establishing the quality and value of insurance products has prompted FCA action – here are the top 10 takeouts.

The FCA has recently published a thematic review covering 67 manufacturers and distributors of general insurance and pure protection products. The regulator’s disappointment with the lack of progress is evident in its response, and boards, senior managers, and compliance teams should quickly get to grips with its expectations for the