Articles - Searchlight Insurance Training

‘I love deadlines,’ Hitchhikers Guide author Douglas Adams once remarked. ‘I like the whooshing sound they make as they go by.” Insurance providers, under ever-fiercer regulatory scrutiny, can’t afford to be so blasé. In the world of insurance deadlines tend to bring a sense of dread. So it was that, in December last year, many…

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There are more than four million managers working in the UK today. The majority of them never consciously chose to be managers and will have received little or no formal training for their roles. Even among those who have, as few as one in five was trained by an accredited provider. So, when the teams…

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The Senior Managers and Certification Regime(SM&CR) is currently expected to come into effect on 10 December this year. In the last couple of years dual-regulated firms involved in banking and investments have, by necessity, become well versed in the ways of SM&CR, whilst those running and influencing insurance companies have had to adapt to living with SM&CR’s somewhat eccentric cousin, the Senior Insurance Managers Regime(SIMR), which seeks to accommodate the senior management accountability requirements of Solvency II. Meanwhile solo-regulated firms – such…

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In terms of regulatory change, the general insurance firms who comprise the majority of the businesses for whom my firm Searchlight delivers training and consultancy services have a lot on their plates right now. The Insurance Distribution Directive (which which was due to come in to force in February but has been delayed until 1…

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One of the key drivers for change within any training organisation is the need to anticipate, absorb and keep our customers up to date with forthcoming legal and regulatory developments. Along with the EU’s General Data Protection Regulations (GDPR) and the FCA’s Senior Managers and Certification Regime (SMCR), one key concern right now for our…

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With issues around data protection and cyber security increasingly in the news these days, the forthcoming implementation of the The EU General Data Protection Regime (GDPR) is a big deal for UK companies of all types and sizes. There’s less than a year to go now before the GDPR comes into force, replacing the existing…

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Insights are generally considered a good thing, and discovering something is usually a good thing too – unless, for example, that something is mouse droppings in the pantry or the first signs of a receding hairline. Insights Discovery® is a psychometric profiling tool of immense power. It helps people to discover things about their own…

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Appropriate and timely training plays a key role at every stage in your employees’ careers. But the most crucial time is arguably in the early days, weeks and months after they join your business. These early inputs set the pattern for the entire time they will spend working for you. Early intervention is the key….

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If you’re looking to build a professional career, the results you achieve in professional examinations really matter. And when it comes to exams, there’s no substitute for effective revision and sound exam technique. Fortunately these are eminently trainable skills. My own company, Searchlight, specialises in providing training to firms in the insurance industry, a highly…

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With today’s financial services businesses facing ever fiercer regulatory scrutiny, insurance companies of all types and sizes face a pressing need to invest in the knowledge and the skills of their employees to keep themselves compliant across all areas of their operations. But, with margins under pressure on all sides in today’s highly competitive insurance…

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