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‘Real opportunity’ in dual pricing ban for MCE, says bike broker boss

By 2020-11-12T16:49:00

motorbike

MCE boss Julian Edwards said the pricing ban would benefit insurers with lower expense ratios

The FCA crackdown on dual pricing practices it set to benefit the likes of motorcycle insurance provider MCE, chief executive Julian Edwards told Insurance Times.

The FCA published its final report into pricing practices in September. One of the measures it proposes is stopping insurers charging more at renewal than the new business price.

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