FCA strips back insurance rules – but do they go far enough?
ArticleThe FCA’s CP25/12 aims to reduce the regulatory burden for the insurance sector. We look at the key changes and how to maximise the opportunities.
The insurance sector is evolving, with changing regulations, challenging market conditions and the rise of technology within operational frameworks.
As the market gets more competitive, our collaborative, solution-led support brings you the technical expertise and fresh insight you need to achieve your goals.
The sector is currently facing new challenges around technology and regulation. Simplifying the insurance proposition is key for improving transparency and emphasising the industry's crucial role for both consumers and businesses.
1.
Advancing technology
Utilising insurtech, open insurance, and data analytics to give you a competitive edge
2.
Monitoring regulation
Advising you on changing regulations and increased compliance demands across all areas of your business, so you stay up to date
3.
Shaping cost reduction
A business transformation programme to support streamlining and cost-cutting that improves your customers' experience.
Why Grant Thornton
A rigorous approach and fresh thinking on a global scale shows you how to realise your ambitions in an increasingly competitive market.
Our key services:
- Actuarial and risk
- Financial services business consulting
- Financial services business risk services
- Regulatory advisory
- Financial services tax
- Financial crime
- Restructuring and insolvency
- Audit and assurance
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Video
2026 priorities
2026 is a tipping point for UK insurers, this isn’t a year for better narratives, it’s a year for measurable proof.
Article
Top themes and outlook
What are the biggest challenges and opportunities in the investment sector this year?
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