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The 12.2% shareholder has also proposed appointing founder Ken Randall as a company director, with the intention he would act as an executive director if Spiegel is removed.
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The watchdog will also base its digital delivery centre in the Yorkshire city.
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Ed Gaze, who established and ran the Lloyd’s Lab start-up accelerator programme, is joining the InsurTech backer in August.
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Government reforms to drive competitiveness in regulatory frameworks have been delayed.
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The Bank of England has warned that data gaps and inconsistencies in ESG ratings are impacting insurers’ responses to climate risk.
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The PRA’s CEO Sam Woods this morning rebuffed reports claiming Boris Johnson was frustrated over the speed and transparency of the Solvency II reforms.
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The much-delayed NextGen 1.0 release will replicate the current system’s capabilities with an improved user interface.
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Under the move, brokers Senior Wright and Tasker & Partners will come together under a single brand.
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The deal would mark the second time the carrier has come to the legacy market in recent times as the syndicate’s turnaround continues.
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The Corporation has updated the market on progress of its delegated authority workstreams, the iMRC and other foundational work.
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With Anna Sweeney due to leave, the PRA is now looking to fill one of its most influential roles for insurance supervision.
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The consultation will invite views on the intelligent market reform contract, or iMRC – a new template that will enable digital processing of the core data record.
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