Referral fees a 'red herring' claims CSC

andrew-miller-thatham

The Claims Standards Council has warned the insurance market that abolishing referral fees is a "red herring" that will only send motor insurance premiums "through the roof", due to the loss of their ancillary income stream.

CSC spokesman Andrew Wigmore said that insurers ought to focus on the substantial impact of whiplash claims on margins and profits, adding that Axa and Aviva had already taken measures to validate

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