European Commission (EC)
Power to the pedals
Cycle insurers have mixed feelings about the European proposal to mandate insurance for electric bikes.
Insurers slam EU motor proposals incorporating Vnuk ruling
The UK insurance sector has criticised proposed changes to the Motor Insurance Directive, following the Vnuk ruling as being “unworkable and unfair”.
Blog: I(nsured), robot
It is unlikely that all robots will require cover, Victor Fornasier and Kathryn Mycock, partner and associate at Hogan Lovells, examine the rationale for compulsory insurance.
Analysis: Passing up on passporting
What next after the UK ruled out maintaining passporting within the European Union?
European Commission backs IDD delay
The European Commission has ratified proposals put forward by the Financial Conduct Authority to postpone the application date of the Insurance Distribution Directive.
Treasury delays transposition of IDD into national law
The Treasury has paused the implementation of the Insurance Distribution Directive, earning praise from insurers.
EC report recommends adapting Solvency II
The European Commission and Insurance Europe have welcomed a report that suggests adapting Solvency II to facilitate sustainable investment.
Analysis: Sustainable insurance - in it for the long run
European insurers are gearing their investment strategies towards sustainable ventures.
Analysis: A changing investment climate
Insurers are increasingly finding themselves under pressure on three fronts when it comes to climate change – as underwriters, as major investors and as large employers with their own substantial carbon footprints. That pressure is about to intensify.
Relief as IDD deadline extended by seven months
Insurers have received an early Christmas present in the form of a proposed delay of seven months to the implementation of the Insurance Distribution Directive.
Helvetia Venture Fund acquires stake in Inzmo
Helvetia Venture Fund has acquired a holding in Estonian insurtech company Inzmo.
European Commission urged to delay Insurance Distribution Directive
The ECON committee of the European Parliament has called on the European Commission to delay the application of the Insurance Distribution Directive.
Foil's Nigel Teasdale on engaging with Europe after Brexit
The UK's Brexit Withdrawal Bill is making its way through parliament but Nigel Teasdale, president of the Forum of Insurance Lawyers and partner at DWF, believes this will make interactions with the European Union even more important for the insurance…
Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet
Analysis: Insurers want PI to be left out of the European services e-card
The European Commission wants to create a professional indemnity certificate for cross-border activities but insurers and brokers find the proposal unworkable.
LV's Martin Milliner on the future of vehicle technologies
Wtih the European Commission looking to mandate 19 vehicle technologies to be fitted as standard, Martin Milliner, director of claims at LV, asks how ready the public and insurers are for advanced driver assistance programmes.
EU Commission opens consultation on Vnuk
The European Commission has opened a four-week consultation on the scope of the Motor Insurance Directive in relation to the Vnuk ruling.
Marsh and Aon offices visited in connection to Irish motor competition investigation
Marsh and Aon are among the brokers visited by the European Commission as part of its motor investigation in Ireland.
Motor insurance firms in Ireland raided over ‘anti-cartel’ EU rules
Motor insurance providers in Ireland have been raided by officials from the European competition watchdog.
Finishing line in sight for the IPID
Although many who voted for Brexit may have hoped otherwise, leaving the European Union will not enable the UK insurance community to turn a blind eye to the insurance regulations dreamed up by those famously unelected bureaucrats in Brussels. Although…
Europe: Insuring robots (and against robots)
Robots are becoming ubiquitous. Do we need specific insurance? And do they?
Blog: Don't be phased by the IDD
Insurance companies and intermediaries responsible for selling insurance and reinsurance products should not be phased by the prospect of tightening rules to guard against mis-selling, following the publication of the first of two consultation papers…
Blog: Vnuk opens fraud front
The Vnuk ruling has raised the prospect of a much wider compulsory insurance regime being introduced in the UK, requiring vehicles such as golf buggies, quad bikes and farm vehicles to be insured, even when used exclusively on private land. The…
Blog: Usage-based insurance, an untapped opportunity
The growing usage-based insurance market is an opportunity for insurers, but there are some barriers yet to overcome.