Analysis

Is travel insurance next on the FCA’s radar?

By 2024-04-02T08:00:00

radar

The regulator’s approach to Gap insurance has signalled its enforcement style for 2024 – but could travel policies ‘riddled with caveats’ be the next product under the fair value spotlight?

The start of 2024 has left the insurance industry with no doubt in its collective mind that the FCA is taking Consumer Duty seriously – and that the regulator is prepared to come down hard on those that are not.

But which other products could be on the FCA’s radar? And what would potential changes mean for the insurance industry?

Explore more regulation-related content here, or discover other news analysis stories here

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