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ABI says aggregator review must go further

The Association of British Insurers has called for the Financial Services Authority to extend its review of aggregator sites to cover all financial services comparison websites.

The ABI director general, Stephen Haddrill, said: “Comparison websites help customers get a good deal. The best are those that provide clear, accurate and up-to-date information about cover as well as

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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