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Dual pricing Archive

The Blog Spot: Two facets to the belief hole

The frustration is that insurance coverage has such a lot to be pleased with. To title just 4 causes. Insurance rebuilds companies and folks’s lives on the time of a claim. It supplies precious possibility control recommendation to help people …

Dye issues to pricing adjustments following claims inflation

Property claims are expanding as Allianz warns that robbery is at the up and calls on agents to scrupulously keep in touch with shoppers and employ chance control services and products. Allianz UK CEO John Dye has stated that fresh …

Podcast: The most sensible 5 tales of the week

The Insurance Age team talk about the highest 5 tales from the previous week that includes fines, the FCA, Ardonagh and Reich. Insurance Age’s editor, Siân Barton, and reporter, Emmanuel Kenning, give their perspectives at the week’s large tales as …

Quizzical questions: 2 November 2018

You are lately gaining access to Insurance Age by means of your Enterprise account. If you have already got an account please use the hyperlink under to check in. If you might have any issues along with your get right …

FCA issues to “remarkable” insurer failings because it launches “fundamental” marketplace assessment

Chris Woolard on why the regulator felt it needed to act. Financial Conduct Authority (FCA) board member and director of technique and pageant, Chris Woolard, has admitted it discovered “less than we would expect” when it investigated pricing controls at …

Industry willing to paintings with FCA following twin pricing evaluate

Biba and the ABI welcome the FCA’s transfer, agreeing with the regulator that the marketplace must paintings in addition to imaginable for all consumers. Insurance business our bodies have welcomed the Financial Conducts Authority’s (FCA) marketplace learn about into common …

FCA boss’ CEO letter warns of disasters, twin pricing and possibility of discrimination

Andrew Bailey sends pricing practices caution. Andrew Bailey, leader govt officer of the Financial Conduct Authority (FCA) has written to insurance coverage CEOs to focus on the dangers of “significant harm and poor outcomes for consumers” present in its investigation into …

FCA calls on trade to proceed paintings on twin pricing

Regulator issues to guiding rules from Biba and the ABI revealed in May this year. The Financial Conduct Authority (FCA) has prompt the trade to “continue the work underway” round common insurance coverage pricing practices. The regulator as of late (31 …

FCA to take on twin pricing usually insurance coverage marketplace learn about

Chief govt highlights it’s going to believe “all possible remedies” to make the marketplace paintings for customers. The Financial Conduct Authority (FCA) has introduced its investigation into how insurers fee home and motor consumers. The transfer delivers on the promise …

Dual pricing – the “crack cocaine” of insurance coverage

“Dual pricing is like crack cocaine. Once you get into it and use it then it’s nearly inconceivable to wean your self off of it. “Every single player in the market is hooked on cracked cocaine,” Ian Hughes, leader government …