Assurant Solutions has welcomed the news that the OFT is to carry out a market study to look in depth at the payment protection insurance (PPI) sector.

Ian Moffatt, sales & marketing director at Assurant Solutions, said: "For the past 12 months we have been encouraging everyone involved in the sector to create and sell products that provide consumers with protection solutions that are flexible, affordable and meet their individual needs.

"We believe that the work being undertaken by this and other organisations will serve to do just that, and drive forward the innovation needed to enhance the product offering to the consumer."

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