In the FCA’s business plan for 2015/16, the authority announced its intention to initiate a market study to investigate how big data is used by insurance firms. Although very few details have been released, it is expected that the focus of the market study will be centered on the FCA’s conduct risk rules and the wider application of the data protection principles.

http://www.fca.org.uk/static/channel-page/business-plan/business- plan-2015-16.html