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How vet reforms will redraw pet insurance competition

Scott Williams, head of pet at Hood Group

Greater transparency in veterinary pricing could transform how pet insurers price risk, design products and compete for increasingly informed customers, according to Scott Williams, head of pet at Hood Group.

The Competition and Markets Authority has delivered one of the most significant interventions in UK veterinary services in decades. 

While its ruling is formally directed at veterinary practices, the

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Fair value rules still fail brokers and consumers alike

Four-and-a-half years after the Financial Conduct Authority’s fair value rules arrived, Branko Bjelobaba, principal of compliance consultancy Branko Ltd, argues inconsistent data and vague metrics still make it difficult for brokers and consumers to compare insurance products properly.

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