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 […]

Insurance Brokers

Renewals: Bennetts Prize Draw Offers Bikers Free Cover or £250 Voucher

Bennetts are offering four riders the chance to get a year’s free motorcycle insurance by winning back the cost of their policy or if they prefer, they can choose to receive £250 in Sportsbike Shop […]

insurance marketing

More Than Launches Cashback Scheme to Boost Renewals & Reward Loyalty

The scheme gives home, pet and car insurance customers unlimited cashback on purchases at hundreds of high street and household brands, which is stored in an online wallet. The growing list of retailers available currently […]

insurance marketing

Consumer Intelligence Survey Suggests Remedies for Higher Renewal Pricing

Charging new customers less than existing customers is exploitative and hurts vulnerable groups such as the elderly but drivers and homeowners are still split on the issue, new consumer research from insurance market experts Consumer […]

Conference report

ABI and BIBA Announce New Guidelines on Renewal Prices

Insurers and brokers have today announced a new plan to help tackle excessive premium differences between long-standing and new customers. The ABI (Association of British Insurers) and BIBA (British Insurance Brokers’ Association) have launched a […]

Household Insurance

Pegasystems Response to FCA Investigation into Home Insurance

Responding to the announcement that the FCA is to carry out a detailed investigation into the cost of home insurance when it comes up for annual renewal, Tony Tarquini, Director of Insurance EMEA, Pegasystems, explains that […]

Insurance Regulation

RAC Rapped by FCA Over Renewals Compliance – Are We At a Turning Point?

The RAC has been reprimanded by FCA, (Financial Conduct Authority) over its failure to make previous breakdown costs prominent and crystal clear, when inviting customers to compare prices, and then take up insurance and breakdown […]