Insurance law firm Browne Jacobson has won the Inclusion & Diversity Award at the National Insurance Awards 2022. The National Insurance Awards are judged by an independent panel of experts and celebrate excellence in the sector by highlighting the very best in general insurance provision and management.
Insurance law firm Browne Jacobson has won the Inclusion & Diversity Award at the National Insurance Awards 2022.
The National Insurance Awards are judged by an independent panel of experts and celebrate excellence in the sector by highlighting the very best in general insurance provision and management.
Browne Jacobson has established a national reputation for its commitment to promoting greater diversity and inclusion in the legal profession in recent years and in 2021 was named the UK's leading employer in the Social Mobility Employer Index.
Some of the key measures introduced have included:
Jonathan Newbold, Head of Browne Jacobson’s Financial Services & Insurance Group, said:
“This award is a recognition of the incredible work everyone at Browne Jacobson has undertaken in actively changing the narrative and creating solutions to attract a diverse pool of talented candidates to the insurance legal space.
“The strength of the shortlist this year highlights some of the fantastic initiatives that are helping to make the UK insurance industry more diverse and inclusive. By placing the spotlight on initiatives such as FAIRE we hope to inspire others to do more in making their organisations and the sector more diverse and inclusive.”
Browne Jacobson are trusted legal advisers to the insurance sector, specialising in resolving casualty and specialty claims, corporate transactions and regulation.
This article is the second in a series to help firms take a practical approach to complying with the ‘cross-cutting rules’ within the new ‘Consumer Duty’ (CD) framework. The article summarises what it seems the Financial Conduct Authority (FCA) is seeking to achieve from the applicable rules (section 2 below) and potential complications arising from legal considerations (section 3).
Claims arising from interest-only mortgages have been farmed in volume. Many such claims to date have sought to drive a narrative that interest-only mortgages are an inherently toxic product and brokers were negligent simply for suggesting them. Taylor is a helpful recalibration, focussing instead on what the monies raised by the mortgage product were being used for and whether the client understood the inherent risks.
This article is the first in a series aimed to help firms get to grips on a practical basis with the ‘cross-cutting rules’ within the new ‘Consumer Duty’ framework.
