FSA writes to firms
The FSA has told lenders to stop selling single-premium payment protection insurance (PPI) with unsecured loans by 29 May.
Jon Pain, the FSA’s managing director of retail markets, has written to firms to remind them that the sale of all single-premium PPI policies is prohibited after 1 October 2010. The ban was set out in the Competition Commission’s PPI report, published last month.
“We believe this request is justified to bring an orderly withdrawal of single-premium PPI,” he said.
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.
No comments yet