Addleshaw Goddard

UK 200 2013 position: 23

InSure — April 2014: general — the FCA Risk Outlook and Business Plan; Flood Re cover; and more

The FCA Risk Outlook and Business Plan 2014–15
The Financial Conduct Authority (FCA) published its Risk Outlook on 31 March, which sets out the FCA’s approach to assessing risks to its objectives and how these risks may affect financial markets. Based on this review, the FCA intends to focus on the following areas that are of relevance to the insurance industry:

  • Technological developments (how these may outstrip firms’ investment, consumer capabilities and regulatory response)
  • How poor culture and controls may threaten market integrity
  • How large back-books may lead firms to act against their existing customers’ best interests
  • Terms and conditions that may be excessively complex

Firms are expected to reflect the above risks in their own current or future business plans and strategies…

Click on the link below to read the rest of the Addleshaw Goddard briefing. 

Briefings from Addleshaw Goddard

View more briefings from Addleshaw Goddard

Analysis from The Lawyer

  • pannone.jpg

    Another Mancunian merger for Slater & Gordon?

    Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?

  • Addleshaws

    Number crunching: Addleshaw Goddard

    The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.

View more analysis from The Lawyer

Overview

Milton Gate
60 Chiswell Street
London
EC1Y 4AG
UK
http://www.addleshawgoddard.com

Turnover (£m): 166.50
No. of Lawyers: 592

Jobs