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REG Reviews – November 2024

Last month, experts dispute FCA concerns over brokers’ compliance with fair value, whilst the regulator tightens focus on premium financing firms, banks are warning customers about “quishing” scams, scientists achieved a breakthrough in DNA data storage, the FCA reveals ongoing issues of workplace misconduct in the London insurance market, emphasising the need for cultural change...

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Product Governance Review: Guidance for Insurance Firms & Role of RegTech

The FCA’s latest report on Product Oversight and Governance (PROD 1.4 and 4) for General Insurance and Pure Protection products has issued a clear call to the insurance industry: it’s time to ensure products genuinely meet customer needs and deliver fair value. Amid today’s challenging economic climate and an escalating cost-of-living crisis, regulators are emphasising the importance of fair treatment and strong customer outcomes more than ever...

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Empowering Mental Health Initiatives in the Workplace

Every year on October 10th, we observe World Mental Health Day, a moment dedicated to raising awareness about mental health issues around the globe and one that encourages worldwide conversation about mental health. In the workplace, where we spend a significant portion of our daily lives, mental health is a critical topic. Addressing mental health not only supports individual employee well-being but also enhances overall organisational health through improved productivity and engagement.

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Behind Every Piece of Technology, There’s a Human

Technology often feels like an unstoppable force, transforming industries, automating processes, and reshaping how we live and work. While these advancements bring incredible opportunities, they also come with some aspects of apprehension. From concerns about job displacement to fears of a faceless, algorithm-driven future, many people view technology with a mix of both excitement and anxiety.

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REG Reviews – October 2024

Last month, the FCA released its Product Oversight and Governance review and increased scrutiny of Principal Firms' oversight on ARs, REG partnered with Insurance Post to debate whether RegTech is a luxury or a necessity for tackling regulatory challenges, Insurance Business TV featured industry leaders discussing DEI and talent issues in the insurance sector, and rising concerns over deepfake and document fraud continue to affect the industry...

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Driving Compliance Efficiency for Life Insurers with RegTech

The life insurance industry is facing numerous challenges that impact efficiency within compliance functions, including manual processes, heightened regulatory scrutiny, data silos, and the increasing difficulty of attracting skilled professionals. These inefficiencies slow down business operations, increase the risk of compliance errors, and strain resources. However, technology solutions, particularly RegTech, presents an opportunity to modernise how life insurers operate by enhancing efficiency, improving accuracy, and optimising resources...

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Enhancing Counterparty Risk Monitoring and Oversight for Life Insurers

The life insurance industry is grappling with increasing regulatory demands and outdated manual processes, both of which make effective counterparty due diligence and oversight hard to uphold. To meet the regulatory requirements from the FCA and PRA, firms operating in the life insurance sector must ensure their operations and counterparty due diligence is constantly a key compliance priority. Managing these challenges with traditional outdated, often manual approaches, is no longer sufficient, and the growing need for sophisticated compliance systems is proving essential to meet the demands of regulatory obligations and enhance compliance...

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Building the Trusted B2B Network in Insurance with REG Verified

At REG, we are on a mission to build the largest and most trusted B2B network in the insurance industry. We understand that businesses need to connect quickly and confidently when forging new relationships, without the burden of regulatory obligations slowing them down. That’s why we created REG Verified — The Trusted Status for Businesses...

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REG Insights from insurance industry experts at the MGAA Annual Conference

REG Insights – MGAA Annual Conference

Join us as we interview industry leaders, uncover key trends, and deliver actionable insights that empower you to drive the insurance and financial services sector forward. On July 11th, REG Technologies attended the MGAA Annual Conference as a key sponsor. As part of the day we spent time talking to key players in the MGA sphere about the challenges and opportunities in the market and how the 'Power of Partnerships' is crucial to advancing the sector forward...

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REG Reviews – September 2024

Last month, the FCA published a discussion paper aimed at bettering the commercial regulatory landscape, the average UK home insurance has skyrocketed, the increase in severe weather damages is compelling insurers to think of stronger strategies, and REG's new module REG Verified is set to revolutionise the insurance market...

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How Can MGAs Drive Superior Customer Experience and Enhance Retention

MGAs play an irreplaceable role in the insurance sector, and while it’s crucial for them to be on top of all their regulatory and compliance duties, they also need to ensure seamless customer experience (CX) and retention. At the end of the day, customers should always be at the heart of every business decision because without them, no firm would survive. In addition, MGAs need to ensure they’re always treating their clients fairly. According to Forrester, 41% of customer-obsessed firms achieved at least 10% revenue growth in 2023, compared to only 10% of less mature firms...

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Interview with REG Technologies Marketing Manager Zoë Parsons and Head of Customer Success Nathan Banfield at the MGAA Annual Conference

MGAA Annual Conference – REG Interview

As sponsors of this year's MGAA Annual Conference, centred around the Power of Partnerships, REG proudly presents, Marketing Manager Zoë Parsons and Head of Customer Success Nathan Banfield. Watch below as they share their insights on leveraging relationships to drive strategic initiatives and elevate customer experiences, demonstrating our commitment to innovation and community-driven success.

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Boosting ESG Due Diligence For the Insurance Sector with RegTech

The pressure to address climate and social issues is greater than ever. Companies are now scrutinised by watchdogs, employees, investors, and customers, all demanding thorough documentation and assessment of their strategies for tackling these crises. Environmental, Social, and Governance (ESG) issues have become integral to a business's overall strategy, and stakeholders are increasingly unwilling to trade with companies that fail to take these pillars seriously...

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REG Reviews – August 2024

Last month, the FCA urged financial firms to improve their treatment of politically exposed persons (PEPs), a major IT outage led to a potential rise in claims, the UK motor insurance sector faced major underwriting losses due to the current economic and political climate, and the insurance industry is supporting $19 trillion in net zero investments by engaging in greener projects...

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Mastering Fair Value: How RegTech Solutions Tackle Assessment Challenges

As the July 31st deadline for Consumer Duty board reports approaches, effective reporting on assessment processes and positive consumer outcomes has never been more critical. The FCA states that fair value is the biggest challenge under the Consumer Duty, with firms managing diverse product lines and extensive distribution channels encountering heightened difficulties in gathering and processing data. Establishing a robust system capable of continuously requesting, acquiring, and analysing data from any size distribution network is essential for conducting thorough assessments. Those still reliant on emails and spreadsheets, rather than specialised digital solutions, find it challenging to manage these tasks effectively...

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How AI Revolutionises KYC and KYB Processes in Financial Services

In the financial services arena, Anti-Money Laundering (AML) professionals are constantly seeking innovative ways to enhance the efficiency and accuracy of Know Your Customer (KYC) and Know Your Business (KYB) processes. One of the most transformative technologies in this arena is AI. By integrating AI into KYC and KYB procedures, financial institutions can significantly streamline their operations, particularly in areas such as analysing Politically Exposed Persons (PEPs) and sanctions screening data...

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REG Reviews – July 2024

Last month, the growing threat of summer floods was highlighted, urging both policyholders and insurers to take proactive steps. The FCA's Market Watch 79 emphasised the importance of strong data management in surveillance against market abuse, firms were reminded that the Consumer Duty is not a 'one time requirement', but a continuous effort, and REG is excited to sponsor the upcoming MGAA Annual Conference and collaborate with MGAs about the value of partnerships…

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The Power of Partnerships: Driving the MGA Landscape Forward

The relationship between Managing General Agents (MGAs) and RegTech companies is reshaping the insurance landscape and partnerships between the two are not just beneficial—they are essential. As proud sponsors of this year’s Managing General Agents’ Association (MGAA) Annual Conference, we are thrilled to embrace the theme, 'Power of Partnerships.' Our goal is to underscore the transformative potential these collaborations hold for staying ahead of the competition and driving the entire industry forward...

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Leveraging RegTech to Overcome AML Challenges in Insurance

Anti-money laundering (AML) standards are more than regulatory requirements; they are vital safeguards for the insurance sector. AML policies are critical in preventing the infiltration of illegitimate funds and requires rigorous monitoring and reporting of financial transactions. In the insurance industry, the complexity of transactions and the global scope of operations introduce significant risks, making AML compliance not only a regulatory must but a central component of business practices...

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An MGA Case: How to Combat Data Silos and Strive for Team Cohesion

Today, the insurance industry faces a myriad of challenges that are constantly developing, ranging from economic and geopolitical factors to internal discrepancies like data silos and team fragmentation – and MGAs are not exempt. Traditionally, MGAs would rely on archaic processes to conduct their due diligence and regulatory processes, collect data and collaborate with their team. Now, this is no longer sustainable, and MGAs must embrace digital transformation if they want to stay ahead of the curve. In this article, we’ll dive deeper into the different data hygiene challenges MGAs are faced with, their impact on team fragmentation, and how technology can help surmount these struggles and achieve team cohesion...

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REG Reviews – June 2024

Last month, the Consumer Duty Alliance launched a clarifying guide to assist firms preparing their annual board reports, premium finance requests soared amid cost-of-living pressures, the FCA set out measures to combat domestic financial abuse and REG achieved its ISO 27001 certification...

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The Spreadsheet Shackles: Breaking the Excel Dependency

For office productivity, Microsoft Excel is undeniably a powerhouse. Its capabilities for data organisation, analysis, and visualisation are impressive, making it a go-to tool for countless professionals who create a plethora of uses for the spreadsheet software. However, despite its versatility, relying on Excel for tasks it wasn't designed for can be a grave mistake, especially when there are so many specialised Software as a Service (SaaS) solutions available today. Here’s some examples of fit for purpose products that outshine the home-made spreadsheet alternatives...

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Enhancing Onboarding Efficiency for MGAs: How RegTech Streamlines Compliance

With constant economic uncertainties and a fluctuating political landscape, MGAs (Managing General Agents) are now faced with bigger regulatory and compliance burdens than ever before. Clyde & Co reports that 50% view the increase in compliance obligations as an obstacle to entering the market. These burdens significantly hinder MGAs' capacity to start new business relationships with potential trading partners, halting growth and slowing innovation. 66% of insurance and financial services firms believe that regulatory and statutory obligations inhibit starting new business relationships, which in turn affects profitability. This is why it is imperative for MGAs to leverage new innovative technology that reduces regulatory challenges and facilitates streamlined onboarding of partners...

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REG Reviews – May 2024

Last month, the FCA urged motor finance firms to allocate sufficient resources, financial institutions expedited technology adoption to tackle regulatory hurdles, underinsurance presented a pivotal challenge for brokers, and insurers came under the spotlight concerning environmental and social responsibilities...

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Managing B2B Trading, Legal, and Compliance Risks for Insurers

In an era defined by rapidly evolving financial regulations, the insurance industry stands at a crucial point. Insurers are increasingly confronted with a landscape of regulatory and compliance obligations. These requirements are essential for safeguarding the financial system, yet they present considerable operational challenges...

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REG Reviews – April 2024

Last month, the FCA urged financial advisors to review retirement income advice processes, whilst raising concerns within the motor sector regarding fair value, Lloyd's predicted generative AI to increase cyber threat risks, the UK Parliament released its much anticipated 'Sexism in the City' report, and REG launched its new Partnerships Programme...

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Unlocking Partnership Potential with REG Technologies

Broaden your horizons, elevate your status and reap the rewards...

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Accelerating Trade Partner Onboarding with RegTech

In an industry where success hinges on strong relationships, insurance and financial services companies must prioritise integrity, trust, and diligence when forging new business relationships. However, navigating the intricacies of regulatory and statutory obligations often creates obstacles for these relationships from the start. The complexities of regulatory adherence have been cited to impede regulated firms’ abilities to effectively initiate new partnerships; hindering growth and stifling innovation. Now, with the growing emergence of RegTech, businesses can streamline compliance processes and accelerate trade partner onboarding, ultimately setting them up for sustained success...

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REG Reviews – March 2024

Last Month, the FCA labelled fair value and pricing as the biggest challenge of Consumer Duty, pension funds drove a surge in UK corporate bond investments, insurers rallied for an investment boost with innovative partnerships and REG published its 2024 research report, exploring the evolving landscape of regulatory compliance and the use of technology...

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Building a Faster, Smarter, Safer Market: Research Report 2024

This research report delves into the challenges posed by the ever-evolving regulatory landscape, which have resulted in decreased process efficiency and compliance impacts. Despite the proliferation of technology, the market remains hesitant to fully embrace regulatory technology (RegTech) solutions. However, businesses that have adopted RegTech have experienced significant benefits in streamlining their compliance operations. How can the market overcome the barriers and leverage technology to thrive in the face of regulatory pressures?

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Take a Look at India: One of the fastest growing insurance markets in the world

India's insurance market has soared to unprecedented heights in the past decade, experiencing double-digit growth and positioning itself as one of the world's fastest-growing sectors. This surge is fuelled by rising incomes, increased awareness, and strategic collaborations with cutting-edge RegTech. Navigating through intricate regulatory landscapes, India's insurers embrace challenges and innovation, influencing global trends...

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REG Reviews – February 2024

Last month, The FCA and the UK Government invited feedback on three proposals designed to improve individuals' decision-making regarding investments and pensions, The IMF suggested that almost half of jobs will be impacted by artificial intelligence and the FCA has highlighted the importance of reporting cases of non-financial misconduct, even if individuals have signed non-disclosure agreements. Read these articles and many more, as we bring you all the important news from the insurance and financial services world...

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Consumer Duty: Challenges and Priorities for 2024

The Consumer Duty, enacted by the UK’s Financial Conduct Authority (FCA) on July 31st, 2023, represents a pivotal regulatory shift, mandating firms to prioritise customer interests and elevate outcomes. Applicable to all entities regulated by the FCA, spanning insurance firms, banks, and investment companies, the Duty extends across the spectrum of products and services offered to individual consumers and micro-enterprises. Since enforcement, adherence to the Duty has brought forth an array of challenges for firms subject to the new rules. With regulators imposing strict scrutiny, let’s explore the challenges around compliance with the Duty and how firms can overcome them...

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Upholding Integrity: Mitigating Financial Risks Through Supply Chain Data Management

In the financial services sector, where trust and integrity are paramount, the acquisition and management of data within the supply chain play a pivotal role in upholding regulatory compliance and thwarting financial risks like money laundering, terrorist financing, and other forms of financial crime. The importance of meticulous data gathering and oversight from entities in these chains cannot be overstated. Let's delve deeper into the criticality of this data, the challenges it poses, and strategies to navigate this intricate landscape...

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REG Reviews – January 2024

Last month, the FCA unveiled an overseas funds regime and measures to improve accuracy of credit files, $420m was pledged to climate ‘loss and damage’ fund at COP28, the digital pound has been cautioned to pose risks to financial stability and the UK insurance sector advocated for relaxed regulations to better attract captive insurance companies.

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Beyond Paperless: Why Digitisation Alone Isn’t Enough for Business Transformation

For the last decade the push for paperless operations has been fervent. Countless businesses have embraced the digitisation of their once-manual, paper-based processes in a bid to modernise and streamline operations. The allure of going paperless is undeniable - reduced clutter, environmental benefits, and the promise of enhanced efficiency. However, the reality often falls short of these lofty expectations...

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Trading Insurance Internationally: Where Regulation Starts and Ends

The absence of standardised global regulations creates a challenge for international insurers that requires them to navigate diverse compliance standards across jurisdictions. This diversity directly impacts day-to-day operations, emphasising the need for meticulous understanding and effective risk mitigation strategies. Regulatory Technology (RegTech) emerges as a crucial ally, offering adaptable frameworks to seamlessly navigate and unify compliance measures, providing insurers with a robust solution for efficient and compliant international insurance trading.

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REG Reviews – December 2023

Last month, the FCA urged companies to ensure Consumer Duty reports are a priority, the UK made headway following the publication of the world's first global guidelines for the secure development of AI technology, the UK government pushed regulators to prioritise economic growth and REG hosted its much anticipated Mind Matters panel event, focused on how we can work together to ensure mens mental health at work is supported...

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Mind Matters: Panel Event

Panel discussion in support of Movember, addressing the challenges men face regarding mental health at work, how we can break down the barriers and how as employees and colleagues we can work together to foster supportive environments where everyone's mental wellbeing is valued.

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Death by Spreadsheet: Are Spreadsheets Killing Your Business?

For the last 40 years, spreadsheets have been an essential tool for managing and analysing critical information. However, their seemingly innocent simplicity can lead to a slew of problems that might be silently eroding your company's efficiency and competitiveness. In this blog post, we'll delve into the perils of over-reliance on spreadsheets and explore how RegTech can provide a lifeline for businesses drowning in data.

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Men’s Mental Health at Work: Breaking the Silence

In a world that often revolves around expectations of strength, resilience, and endurance, we often overlook the hidden crisis that is steadily engulfing the lives of men. Men's mental health issues are a growing epidemic, and it's crucial we shed light on this critical topic, raise awareness and acknowledge the importance of addressing the unique challenges men face regarding their mental wellbeing...

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REG Reviews – November 2023

Last month, BIBA introduced a fair value assessment framework, leaseholders have been prioritised under the FCA's buildings insurance reforms, Lloyd's of London warned on climate related losses and humanoid robots are driving workplace efficiency...

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Focus on ESG: What is Sustainability Reporting?

Sustainability has emerged as a paramount concern for insurance and financial services companies. Beyond mere corporate responsibility, sustainability now holds the key to mitigating risks and satisfying the ever-heightening expectations of stakeholders. At the heart of this commitment to Environmental, Social, and Governance (ESG) principles lies the practice of sustainability reporting—an essential tool for modern businesses seeking to make their mark in a responsible, ethical, and transparent manner...

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Where It All Started: Lloyd’s Reopens To Face To Face Trading, But Where Did It All Begin?

The Lloyd's market is one of the most iconic and influential institutions in the global insurance and reinsurance industry. Its history is a fascinating tale of innovation, resilience, and adaptability over its near 335-year reign. From humble beginnings to now the world’s leading market for specialist insurance, where did it all start?

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REG Reviews – October 2023

Last month, the Government announced modernised reforms to insolvency regulation, the Vesttoo scandal underscored the importance of enhanced due diligence among MGAs, asset managers sparked concerns of ‘green hushing’ and AI implementation saw revolutionary transformations to air traffic control and coral reef restoration!

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Navigating PEPs and Sanctions Risks: How RegTech Revolutionises Enhanced Due Diligence

In today's dynamic financial landscape, regulatory compliance is a necessity for regulated institutions worldwide. Among the myriad compliance challenges, managing risks associated with Politically Exposed Persons (PEPs) and sanctioned individuals demands rigorous scrutiny...

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Unravelling RegTech: Simplifying Regulatory Technology and Its Role in Financial Services

In the complex world of regulatory compliance, ever-changing regulations pose significant challenges for financial services firms. Traditional manual processes are struggling to keep pace with evolving regulations, leading to the rise of RegTech, which uses sophisticated data analytics to streamline compliance, automate processes and enhance regulatory management for financial institutions...

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REG Reviews – September 2023

Last month, the FCA launched an investigation into rules around banks and political exposed persons, the UK government accelerated the fight against carbon emission reduction through AI investment, the nightlife sector appealed to insurers for support amid capacity crisis and REG released our enhanced Declarations feature.

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Embracing Customer-Centricity: The Key to Successful SaaS Product Design

The growth of B2B SaaS products over the past decade has been nothing short of remarkable. With the advent of cloud computing, businesses have witnessed a transformative shift in how they procure and utilise software solutions. This shift has been fuelled by the undeniable advantages that B2B SaaS offers: scalability, cost-effectiveness, and accessibility, just to name a few...

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Enhancing Transparency: The Significance of UBOs, Directors & Officers Declarations

In an era where regulated businesses are increasingly seeking transparency from their trading partners to ensure compliance with regulatory requirements and AML obligations, challenges in identifying Ultimate Beneficial Owners, Directors and Officers are leading to a lack of oversight and governance. Now, with the advent of RegTech, these processes have been streamlined and enhanced, underscoring the critical importance of transparency in today's corporate world...

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Tackling Money Laundering: Safeguarding the Financial Services Market

Money laundering is a pervasive financial crime that poses significant threats to the integrity and stability of the global financial system. Criminals use money laundering to disguise the illicit origins of funds obtained through illegal activities such as drug trafficking, corruption, and terrorism. As a result, stringent AML regulations have been developed to protect the financial services market from being exploited by these criminals...

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How Compliance Software Can Alleviate Regulatory Burden

In today's rapidly evolving business landscape, regulatory compliance has become a significant challenge for financial institutions and other regulated industries. The ever-changing and complex regulatory requirements place a heavy burden on organisations, leading to increased costs, resource allocation, and operational inefficiencies. However, a silver lining appears through the rise of compliance software, which serves as an innovative solution to manage the abundance of regulatory requirements...

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REG Reviews – August 2023

Last month, MGAs were revealed to be paving the way for tech adoption, the FCA launched a review into asset managers' liquidity management, brokers were urged to address climate change risks and Geneva hosted the world’s first ever human-robot conference...

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REG Reviews – July 2023

Last month, the FCA cracked down on Principal Firms, brokers were seen to be leading the way with Consumer Duty preparation, and with the annual MGAA conference only a few days away, REG sat down with CEO, Michael Keating, to discuss all things MGAA and how the Association is transforming the market for its members. Read these articles and many more, as we bring you all the important news and views from the insurance and financial services world…

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Spotlight on MGAA Annual Conference with CEO, Michael Keating…

With the biggest event in the MGAA calendar only a week away, and REG being the official 2023 App Sponsor, we sat down with Michael Keating, CEO of the Managing General Agent’s Association (MGAA) to discuss all things MGAA and how the Association is evolving the insurance landscape and shaping the market for its members...

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Paul Tasker: The Future of REG

With REG's impressive growth over the last few years and recent expansion into new markets, we asked CEO, Paul Tasker, what the company's biggest achievements have been since his appointment, the goals for next year and what the future holds for REG...

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The Importance of Human Touch – Why B2B Businesses Must Prioritise Relationship Building in the Digital Age

In an age where we are leaning more and more towards technology and AI, have we lost the essential human touch needed for business relationships and what can we do to maintain them?

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MGAA Webinar: How MGAs Can Supercharge The Agency Experience

It’s nearly 20 years since statutory regulation of general insurance placed the acronym TOBA into everyday insurance talk. Agency application processes have developed little in that time, with brokers still reporting that their onboarding journeys with suppliers are slow, repetitive and leave business opportunities missed. Many MGAs limit the number of brokers they trade with, simply because of the drama associated with opening an agency! With online bank account opening, mobile onboarding, e-signatures, and pre-filled forms we ask…How can MGAs use tech to rapidly find, engage, sign and trade with new producers in an on demand, global, digital marketplace?

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REG Reviews – June 2023

Last month, FCA's commission crackdown turned the spotlight on binders, BIBA released 'Brokers Guide to ESG', 'ghost broking' incidents are worryingly rising and CEO, Paul Tasker, sat down with Insurance Age to talk all things RegTech and how regulation technology is transforming the insurance sphere...

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REG Reviews – May 2023

Last month, regulatory focus extended to crypto and AI sectors, the FCA partner with influencers to battle financial scams, REG automated German licensing data and cybercriminals scare the nation with new founded AI voice cloning scams...

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Pushing Positive Change: Women in Insurance Panel Event

Panel discussion addressing the challenges facing women in the market around representation, gender pay gap, discrimination and unconscious bias and how we can promote positive change to action fairer and equal opportunities for women in insurance.

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REG Reviews – April 2023

Last month, heightened insurance premiums rocked society amidst cost-of-living crisis, a robot made history through performing surgery, the market prepares for SMCR reforms and an enhanced focus on D&I has materialised...

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Contracts, TOBAs & Consumer Duty

With thousands of businesses reissuing TOBAs to cater for new Consumer Duty obligations, we take a look at the importance of written agreements in B2B relationships and how firms can manage their obligations efficiently...

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Women in Insurance: Pushing Positive Change

Amidst a time where underrepresentation and inequality are rife within the workplace, how does the insurance sector not only champion inclusivity, but also succeed in female retention?

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REG Reviews – March 2023

Last month, reinsurers' policy inflations began to destabilise the market, the treasury forecasts the introduction of the digital pound,and the FCA have urged financial services to commit to consumer duty, whilst calling out the whole insurance market to action allegiance to ESG commitments...

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Managing Corruption Risks for Financial Services Firms

The FCA and US Authorities are committed to enforcing anti-corruption and anti-money laundering laws and regulations to protect the integrity of the financial system and to prevent financial crime. In this article we look at the risks and the controls financial services firms should consider...

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REG Reviews – February 2023

Last month, concerns around brokers' naivety of Consumer Duty were brought to light, a robot prepares to become a defence lawyer and OpenAI's ChatGPT has taken the internet by storm with its revolutionary imprint on the AI landscape...

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REG Reviews – January 2023

Last month, the FCA revealed the next steps for FSCS , reports suggest there will be increases in cyber budgets and the the first UK space launch is granted its licenses...

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REG Reviews – December 2022

Last month the FCA released the long awaited Personal Lines data, we saw updates on the Solvency II Reforms and the CII issued apologies after experiencing their latest cyber attack...

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The Future of Technology Panel Event

Panel discussion on the insurance industry's reluctant adoption of digitisation, what the sector needs to address, the barriers to accelerating digitisation in the insurance market, and as we look to the future, how can technology providers show the importance of tech solution adoption in the market.

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Regulating the Funeral Plans Sector

On July 29th 2022, the Financial Conduct Authority (FCA) brought the funeral plan sector within its scope of regulation. This means that businesses providing funeral plans will now be expected to meet and adhere to industry standards as outlined by the FCA...

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Thank You and Good Luck to Our Marketing Interns!

The time has come to say goodbye to this year's Marketing Interns; Ellie Moeran and Julia Palos. We'd like to thank them for their commitment and contribution to REG's marketing activities throughout the year and wish them well as they head back to University to complete their final year of studies! Read all all about their experiences from a year in industry...

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The Risk of Hackers and How You Can Protect Yourself From Cyber Attacks

Nowadays, cyber scams are not uncommon. In fact, every single day, con artists are searching for their next victim. Worse yet, even if you think you're not worth being targeted by online predators, you need to think again...

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Adverse Media Screening

The insurance industry and the regulatory requirements around counterparty risk is always evolving, and so the obligations to minimise the risk and safeguard customers is becoming much more challenging for insurance companies. In the wake of COVID-19, financial crime continues to increase and whilst not all of these can be stopped, it is crucial they are recognised.

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Young People in Insurance and the Barriers they Face Entering the Market

In today's challenging job market, still in the midst of the Great Resignation, every industry is facing recruitment challenges and struggling to attract young talent. But for the insurance sector, these challenges are more acute than most, and they're nothing new. But why are the younger generations not being attracted to the insurance sector? There are a number of reasons for this...

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REGTALKS episode 1: Experiences of working from home in the insurance sector

REGTALKS: Distributed Working and The Hope for the Future

Join Zoë Parsons, Bradford Bines and Victoria Slade, as they reflect on their experiences of working from home, discuss how the insurance industry's perception of RegTech has changed throughout the pandemic, and as we look towards the future and restrictions begin to ease, find out how they think the market will return.

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REGTALKS episode 2 photo: How the insurance industry perceives RegTech

REGTALKS: The Insurance Industry’s Knowledge & Understanding of RegTech

Join Zoë Parsons, Ady Hall, Ellie Davison and Sacha Skerton, as they delve into the insurance industry's awareness and perception of RegTech, discuss the key benefits of the software that stand out to prospects and debate whether distributed working has shifted the sector's views on the need for regulatory management tools.

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REGTALKS: Customer Challenges

Join Zoë Parsons, Nathan Banfield and Sandra Jerinic, as they provide insight on the biggest challenges facing customers before adopting a Regtech solution, the main benefits of the software which drive their onboarding decision, and the impact distributed working has had on customers' abilities to stay on top of their regulatory obligations.

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Building a Faster, Smarter, Safer Market: Research Report 2024

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