FCA sets out proposals to tackle concerns about general insurance pricing

Regulatory Updates | 22/09/20

The FCA has published the final report of its market study into the pricing of home and motor insurance. The FCA is concerned these markets are not working well for consumers and is setting out proposed remedies to address this.

The FCA is proposing significant reform of these markets through measures which seek to enhance competition, ensure consumers will receive fair value, and increase trust in these markets.