FCA pricing report paves way for ‘exciting and innovative time’ within insurance

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Insurers need to start pinpointing their USPs in order to differentiate their services following the FCA’s steer from a heavy price focus to fair value says data insight firm

Following the FCA’s publication of its report on pricing practices within the home and motor insurance markets, data insight firm Consumer Intelligence’s chief executive Ian Hughes believes this creates “a really exciting and innovative time within this space” as “different people will have to innovate in different ways”.

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