Cost of living crisis and pandemic push fair value to top of FCA's priorities

purse-squeeze

Ensuring that consumers affect by the cost of living crisis are treated fairly by insurance companies is a key area of focus for the Financial Conduct Authority, the regulator’s director of insurance and conduct specialists Matt Brewis told a policy conference on Thursday.

Speaking as part of an online policy conference held by the Westminster Business Forum, Brewis set out what the FCA’s priorities are in the wake of Covid-19.

Chief among these was ensuring that

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MoJ told to fix whiplash before introducing more reform

Panellists speaking at an Association of British Insurers event about civil justice urged the Ministry of Justice to fix the whiplash reforms before bringing about any new further changes that affect the motor insurance sector.

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