Ban on banks’ point-of-sale PPI add-ons must be reviewed
The Competition Appeal Tribunal ruled on Friday that the Competition Commission must review its proposal to stop lenders selling payment Protection insurance (PPI) when customers apply for loans and credit cards, the FT reports.
The case was appealed by Barclays, but Lloyds Banking Group and Shop Direct became involved.
The Commission had said providers would have to wait for seven days after loans were agreed before they could contact customers to sell them the insurance.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
