Insurtech sector backs FCA’s ‘price walking’ ban as move towards restoring trust

trust

The insurtech sector has welcomed the FCA’s proposals on banning ’price walking’ and sees it as a move towards restoring trust in the insurance industry

The insurtech sector has backed the FCA’s move to ban ’price walking’ as a step towards gaining customer’s trust.

The FCA revealed in its pricing practice report yesterday that new and existing insurance customers would now be charged the same price, and that the loyalty penalty would end.

 Read more…

(If you’re already a subscriber, please sign in here.)

Get access with a 14-day free trial

This article is usually available exclusively to subscribers.

Subscribe for full access - Take out a print and online or online only subscription

For a limited period, you can enjoy all the benefits of an online subscription free for 14 days. Sign up now to read this article in full and to enjoy unlimited access to premium online content, a digital edition of the latest issue, plus an online archive of back issues.

Also, as a registered user, you will be able to -

  • Access unlimited breaking industry news as it happens
  • Sign up to a choice of daily and weekly newsletters

Register to view free premium content