The FCA has confirmed that bullying and harassment will qualify as misconduct across a wider section of financial services. The watchdog has issued draft guidance to help firms assess non-financial misconduct when determining whether an individual is fit and proper to work in financial services. This includes behaviour in personal life.

Insurance professionals have expressed significant opposition to the Financial Conduct Authority’s proposal to remove the requirement for those working in the profession to undertake a minimum of 15 hours training and development per year.

FERMA has called on the Danish Presidency of the Council of the EU to formally recognise the strategic value of risk management in strengthening Europe’s resilience and global competitiveness.

The International Underwriting Association has expressed support for new proposals from the Financial Conduct Authority to reduce the regulatory burden on insurers, describing them as a positive step toward more proportionate supervision of the London Market.

Willis has launched a US$200m insurance facility designed to help cargo owners manage geopolitical risk. Developed with Markel, the facility combines cover for cargo, war on land, terrorism, political violence and confiscation.

Charles Taylor InsureTech is rolling out agentic AI across its customer-facing operations. AI agents will now be used as part of its InHub SaaS platform to operate across email, chat, voice and WhatsApp.