News

Cuvva Says Price Rises on Comparison Sites Are Inevitable

Millions of UK drivers head to price comparison websites (PCWs) on the hunt for a deal when purchasing or renewing car insurance. But according to flexible insurance provider, Cuvva, premiums are set to rise on […]

Opinion

Hey Insurers, Step Away From That Price Walking Crack Pipe

Some strong opinions here, by all means feel free to post a comment below; Consumer Intelligence welcomes the announcement from the FCA on price walking. Up until today, every single player in the market has […]

News

Urban Jungle Welcomes FCA Ideas On Price Walking

Insurtech Urban Jungle has welcomed a survey published today (Tuesday) that could mean policy holders save £3.7bn a year. The Financial Conduct Authority has called for an end to ‘price walking’, where an insurer automatically […]

Insurance Regulation

FCA Publishes Plans to End `Loyalty Penalty’ On Insurance Products

The FCA has today published the final report of its market study into the pricing of home and motor insurance. The FCA is concerned these markets are not working well for consumers and is setting […]

News

Action on Renewals Price Penalty – The Word From BIBA & ABI

Action by the members of BIBA (the British Insurance Brokers’ Association) and the ABI (Association of British Insurers) is benefiting long-standing customers, reveals a report published by BIBA today (10.07.20). The two organisations launched a set of Guiding […]

Motor Insurance

Are Car Insurance Refunds Going To Boost Policyholder Loyalty?

That’s one of the questions that J.D. Power asked in the USA last month, after several big name car insurers offered partial premium repayments. In the UK, Admiral also stated they were going to refund […]

Insurance Regulation

FCA Mulling Over AI Policy Writing, Loyalty Penalty at Renewal Time

The FCA has published an update on its key areas of interest as regards new rules and regulations, one of which is insurance renewals. Action is still likely on the `loyalty penalty’ issue, although nobody […]

Insurance Regulation

Go Compare Offers 5-Point Plan on Reforming Auto-Renewals System

The FCA (Financial Conduct Authority) has provided a further update on the work it is undertaking to tackle the ‘loyalty penalty’ faced by millions of financial services customers and other issues raised by the Citizens […]