ABI calls on FCA to use new personal lines principles when supervising firms
Biba encourages brokers to help solve the dual pricing problem.
The Association of British Insurers (ABI) has urged the Financial Conduct Authority (FCA) to use its powers and back the new guiding principles and action points on tackling dual pricing in personal lines.
The principles, announced today (8 May) in partnership with the British Insurance Brokers’ Association (Biba), saw both organisations list the commitments for members including that the ethos and approach to better outcomes for long-standing customers be embedded into every organisation and
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