Achieving Good Outcomes Under the Consumer Duty 2022 | Association of British Insurers (ABI) | 25 May 2022 | Webinar

The FCA’s new Consumer Duty is a flagship legislative initiative for the regulator’s new senior management team, adding the new Principle of good outcomes for retail customers to the existing headline regulatory requirements. The ABI will be hosting an event to discuss how this will impact the different parts of our industry and what it will mean for consumers.

The event will bring together insurance industry figures and consumer representatives to discuss the longer-term aims and impacts of the regulator’s new initiative, as well as any short-term implementation challenges. Whether what interests you is insurance products and services, price and value, or solving the perennial issue of customer understanding, join us to discuss the challenges and opportunities ahead, both for our sector and across financial services more generally.

Why attend?
• Learn about the regulator’s expectations for the industry and what good outcomes could look like under the new Consumer Duty.
• Discover what implementing the new Consumer Duty will look like in practice, including key challenges to firms (both long term strategic challenges and short term implementation issues).
• Engage with discussions and a range of firms’ perspectives on longer-term impacts of the new Duty on the insurance, and wider financial services sector, including any potential sector-wide opportunities it may provide.
• Gain 2 hours worth of CPD with this CII accredited event.

What will delegates learn?
By the end of this event, delegates will be able to.
• Identify some of the challenges in defining what “good outcomes” should look like under the new Consumer Duty after the implementation period and to understand better what the regulator expects from firms in this space.
• Describe what implementation of the new Consumer Duty may look like in practice, including a range of anticipated challenges, both short term and long term, to firms.
• Outline different perspectives on anticipated longer term impacts of the new Duty for consumers and firms, as well as any potential sector-wide opportunities it may provide.

2022 Speakers

KEYNOTE SPEAKER:

Matt Brewis
Director of Insurance, Financial Conduct Authority

SPEAKERS:

Caroline Allison
Senior Horizon Scanning Manager, RSA

Jamie Jenkins
Director of Policy, Royal London

David Miller
Partner, KPMG UK

Charlotte Clark CBE
Director of Regulation, ABI

Raluca Boroianu-Omura
Assistant Director, Head of Conduct Regulation, ABI

Matthew Field
Senior Policy Adviser, Conduct Regulation, ABI

2022 Partner

• KPMG