FCA proposes ‘significant reform’ of general insurance market

The FCA is proposing “significant reform” of the general insurance market to enhance competition, ensure consumers will receive fair value, and increase trust in the market. The FCA is proposing that when a customer renews their home or motor insurance policy, they pay no more than they would if they were new to their provider through the same sales channel. …

Retirement ProfessionalsFCA proposes ‘significant reform’ of general insurance market