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Why we empathise with consumers on premium prices

Mark Shepherd

Mark Shepherd, head of general insurance policy at the Association of British Insurers, explains why empathising with motor insurance customers is crucial and how the trade body is helping providers to improve the communication of product value at renewal.

Last week, Insurance Post suggested our recently announced action to tackle motor insurance costs was more of a political stunt to woo MPs than an attempt to communicate action to consumers.

The piece

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Why FCA inaction on premium finance is unacceptable

Despite falling motor insurance premiums and political inertia, Rebecca Deegan, director of campaigners Fair By Design, argues inaction on premium finance isn't acceptable and the regulator must act now to end the poverty premium and ensure fair outcomes for low-income drivers.

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