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Fortis seals 10 year deal worth £90m a year

Fortis has signed a ten year deal with Age Concern for the provision of insurance solutions to its £90m book of services schemes representing in excess of 800 000 policyholders.

Fortis will take on the household business, currently valued at £55m, motor business, valued at £25m and the travel business valued at £10m commencing with the Travel portfolio from April this year.

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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