Insurance is ‘inherently discriminatory’, says White

Colm Holmes, Sam White, Tara Foley, Martin Coppack

Axa’s UK CEO Tara Foley has said the protection gap is “very real”, while Stella’s founder and CEO Sam White believes the industry is “inherently discriminatory”, even if it does not intend to be.

In a panel discussion at the ABI’s annual conference, chaired by Allianz Holdings CEO Colm Holmes, pictured left, White and Foley said much action needs to be undertaken to solve the issue of the

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UN creates NZIA replacement

The United Nations Environment Programme has replaced the now-discontinued Net Zero Insurance Alliance with a multistakeholder forum, although most former UK-based NZIA members have yet to join.

ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.

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