CMA publishes final report on motor market

cars-crash

Authority cracks down on aggregators, but cannot see remedy for problem of post-accident services costs.

The Competition and Markets Authority (CMA) has published its final report into the private motor insurance market.

The investigation, which was completed by an independent panel, identified a number of measures to improve the sector. They include:

• a ban on agreements between price comparison websites and insurers which stop insurers from making their products available more cheaply on other online platforms
• better information for consumers on the costs and benefits of no-claims bonus

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